Credit Archives

How credit scoring works

How credit scoring works

Knowing the basics about credit scores and reporting will help you develop smart credit habits and make effective decisions for your financial future. Over time, these good credit habits and decisions should have a positive [...]

Three elected to CUNA Board by acclimation, 4 elections contested

Three elected to CUNA Board by acclimation, 4 elections contested

The nomination period for the CUNA Board of Directors expired Nov. 6. Three incumbents have been elected to the CUNA Board by acclamation, and there are four contested elections. Directors elected will take office upon [...]

What’s considered a good credit score?

What’s considered a good credit score?

If you’re trying to build or maintain healthy credit, knowing what’s considered a “good” score can be helpful. As you know, a good credit score can help you get approved and get better [...]

Why do I have different credit scores?

Why do I have different credit scores?

Wave 11 of our Consumer Financial Hardship Study found that more than half of Americans check their credit scores at least monthly. When checking your scores, it may be confusing to see that your score [...]

NAFCU warns of unintended consequences of credit reporting changes

NAFCU warns of unintended consequences of credit reporting changes

NAFCU Vice President of Legislative Affairs Brad Thaler yesterday sent a letter to House leadership to share the association's concerns with the Protecting Your Credit Score Act (H.R. 5332), which would alter credit unions' [...]

Credit scores: ‘The calm before the storm’

Credit scores: ‘The calm before the storm’

The economic effects of the COVID-19 pandemic are not yet reflected in consumer credit scores, according to Craig Wilson, senior director of consulting decision analytics at Experian. However, he describes this nondevelopment as “the calm [...]

Managing your credit through a financial hardship

Managing your credit through a financial hardship

COVID-19 has impacted lives all around the world, causing uncertainty in many parts of life. While we all continue to navigate this unprecedented situation, we want to assure you that we at TransUnion are committed [...]

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