STAYING ON TOP OF YOUR CREDIT HAS NEVER BEEN EASIER
With one powerful tool, access your credit score, full credit report, credit monitoring, financial tips, and education.
You can do this ANYTIME and ANYWHERE and for FREE.
BENEFITS OF CREDIT SCORE:
• Daily Access to your Credit Score
• Real-Time Credit Monitoring Alerts
• Credit Score Simulator
• Personalized Credit Report
• Special Credit Offers
• And More!
The benefits are endless, so there is no need to wait.
YOUR CREDIT SCORE. DAILY. AND SECURE.
Access your credit score and report in our mobile app and online banking.
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How does My Credit Score & Report tool relate to La Capitol?
La Capitol is using My Credit Score & Report to provide members with real-time access to their credit score statistics. My Credit Score & Report, powered by SavvyMoney, is a leading credit monitoring service and a free member benefit used to manage financial health. Think of SavvyMoney as the engine behind the credit score feature you see in Online Banking.
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What is a Credit Score?
A credit score is a three-digit number calculated to show your creditworthiness. The higher the score, the more creditworthy you are to a lender. A credit score is calculated from the information in your credit report.
Your Credit Score considers:
- On-time payments
- Length of your payment history
- Mixture of distinct types of credit accounts
It is important to know that your score does not take your age, income, employment, marital status, or your bank account balances into account. To learn more about credit scores and scoring models, visit the Consumer Financial Protection Bureau.
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Is there a cost to use My Credit Score & Report?
No. La Cap provides this service to our members at no additional charge. We believe that having a clear picture of your credit health is essential to a successful money management journey.
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Will checking my score through My Credit Score & Report hurt my credit?
Absolutely not. When you access your score through My Credit Score & Report with La Capitol’s platforms, it is considered a "soft pull." Unlike a "hard pull" that happens when you apply for a loan, a soft pull has no impact on your credit score, no matter how often you check it.
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What features are included in this tool?
The partnership gives you a comprehensive dashboard where you can:
- Track Your Score: See your latest credit score updated regularly.
- View Full Reports: Access a detailed breakdown of your credit history, including opened accounts and payment patterns.
- Credit Monitoring Alerts: Receive email notifications if there are significant changes to your report, helping you spot potential identity theft early.
- Credit Score Simulator: "Test-drive" financial decisions (like paying off a card or opening a new loan) to see how they might affect your score before you act.
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How does this help my financial journey?
Credit management isn't just about a number; it's about understanding the "why" behind it. My Credit Score & Report provides personalized tips and educational content tailored to your specific credit profile. By combining this data with La Cap’s Financial Education tools (KOFE), you can make more informed decisions that lead to better interest rates and long-term financial stability.
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How do I get started?
You don't need to download a separate app. Simply log in to La Capitol Online Banking or our mobile app and look in the Menu for the "My Credit Score & Report " section. Once you enroll, your dashboard will be available every time you log in.