Credit Tips

Your credit is extremely important. Follow these steps to build and maintain the best credit record you can.

Open checking and savings accounts.
Lenders want to know you have a checking account available to pay bills. A savings account indicates you are putting aside something for the future.

Get a copy of your credit report.
Most lenders base their lending decisions on credit worthiness. Obtaining and reviewing a copy of your credit report can help you understand how you measure up to lender's standards.

Correct any errors or omissions on your credit report.
Some credit reports include errors or out-of-date information. If you find errors on your credit report, call the credit reporting agency.

Collect positive information about your payment habits.
Collect positive information about your payment history. The more positive information you provide about yourself the more comfortable a lender may feel about granting you credit. If you have borrowed money in the past, get positive confirmation from the lender that you've repaid the debt.

Apply for credit.
Apply for a secured credit card. You deposit a certain amount at a bank. In return, you are issued a Visa or Master card with a credit limit equal to the amount of your deposit. Apply for a small loan from a local Bank or Credit Union.

Use your credit wisely.
Once you have credit, use it wisely. Charge small amounts on each card don’t “max-out” your credit cards. Pay your bills on time. Work at improving and maintaining your credit score.

Credit Reporting Agencies
Equifax: 800-685-1111
Experian: 888-397-3742
Trans Union: 800-888-4213
Innovis: 800-540-2505