Help your credit recover after COVID

January 4, 2021
Credit score mentor

Your Credit Union is focused on helping your credit recover from the impact of COVID-19. As an important part of our Strategic Business Plan, LGFCU is beginning a two-year campaign with our "Credit Score Mentor" to help members get back on track and stay on track with a good credit score. Maintaining a good credit score can open doors to dream jobs, housing, credit and more.

The foundation of your credit history is your credit score. A credit score is like a report card assigned by credit reporting agencies, such as Equifax, Experian or TransUnion. These agencies collect records of your credit activity from lenders like credit card issuers, mortgage companies and other creditors.

Along with the Credit Score Mentor, your Credit Union will provide tips and resources to guide you to a stronger credit score.

The campaign focus

As you follow the campaign’s emails, social posts and articles, you can:

  1. Understand what a credit score means.
  2. Learn how to manage your credit score.
  3. Understand how to interpret your credit score number.
  4. Learn how to get your credit score on track.

If your number is low, there are a few things you can do to improve your credit score. Satisfied with your score? We’ll also share strategies to maintain a good credit score.

What’s next?

Be on the lookout for more information. Visit our Personal Finance credit section to learn more about why your credit score matters and how to get your score on track.

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