Credit Products | Online Mobile Services | FICO | Whats in a term | Score Impacts |
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What is a secure credit card
secure deposit of your own funds to help rebuild credit
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What is Bill Pay
Customers can pay each bill monthly, or set up recurring payments to pay virtually any company or person in the U.S., faster than using checks and stamps
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What is credit bureau or credit reporting agency
Differences in your credit files at these locations may create differences in Your FICO Score
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What is a bankrupcy
This can remain on a credit report for up to 11 years
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What is lower your score
Certain events such as late payments or bankruptcy can do this to your credit score
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What is a personal line of credit
•Variable interest rate; customers pay interest only on the amount they owe
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What is Zelle
Send money to anyone you know and trust with an eligible U.S.-based bank account using their email address or mobile phone number.
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Who is Fair Isaac Corporation (FICO)
Founded in 1956, this company uses advanced math and analytics to help businesses make smarter decisions
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What is a credit inquiry
a request by a legitimate business to check your credit
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What is 300-850
What is the FICO Score range
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What is a personal loan
fixed amount up front, which can help customers consolidate debt, pay for a major purchase, fund a home repair, or pay for an unplanned expense
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What is FICO
the largest and best known of several companies that provide software for calculating a person's credit score. registered trademark of Fair Isaac Corporation in the United States and other countries
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What is six months
In order for a FICO Score to be calculated a credit file must contain at least one account that has been open for this long
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What is a lender
Most of these use a number of factors to make credit decisions including a FICO score
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What is a soft inquiry
all credit inquiries where your credit is NOT being reviewed by a prospective lender
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What is a business platinum card
A convenient way to pay for everyday business expenses while earning rewards
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What is GreenHouse Mobile App
mobile app consists of two checking accounts (blank Set Aside account and blank Spending account) and a debit card that work together to help customers pay their bills on time, spend confidently, and start building their short-term savings
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What is AnnualCreditReport.com
If you feel your FICO Score is inaccurate, your next step should be to request a free credit report from here.
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What is credit bureau or credit reporting agency
Lenders may report your credit information to one of these today, and to another tomorrow
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What is 10%
Applying for new credit only accounts for about this percentage of a FICO Score
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What is Equipment Express
used to purchase new or used business equipment and/or vehicles
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What is MyCredit Options Guide
Educational content to help customers understand the potential credit options that may help them reach their financial goals. This includes estimated interest rates and sample payments, fees, debt-to-income (DTI) ratio information, financial education tips and more
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What is Equal Credit Oppurtunity Act (ECOA)
If you been turned down for credit, this act gives you the right to obtain the reasons why within 30 days
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What are key score factors
When a lender receives your FICO Score these are also delivered, which are the top factors that affect the score
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What is 250-900
Industry-specific FICO scores, such as those for auto lending or credit card lending, were developed to accommodate the unique characteristics of their respective industry and range from this to this
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