Why is it important to have a good credit score? Simply put, lenders determine your credit worthiness by those three digits – making it more than a number. A good credit score will determine whether you get approved for loans and the rates you pay for these loans. Your credit score and your credit report are key aspects of your financial health.
Credit scores have become such an integral part of our everyday lives. That’s why it’s so important for you to keep track and understand how your financial decisions affect those three numbers. tnConnect is here to help with Credit Sense – a free credit report service that can be accessed within Online Banking. Credit Sense allows you to view your credit score and report, account details, payment history, inquiries, and public records. Credit Sense completes a “soft pull” on your credit and does not affect your score.
Benefits of having a good credit score:
- Lower credit card and loan interest rates
- Increased chance for loan approval
- Better loan terms
- Insurance discounts
- Being more likely to be approved for an apartment or home.
- Saving money!
Get to know your credit score with Credit Sense. To access Credit Sense, log into Online Banking. Then select the Self-Service tab from the toolbar. The Credit Sense link can be found in the Member Requests section.