FICO®

Quarterly FICO® Credit Score – For Free!

Our Mobile Banking applications are just one of the great benefits to being a member with Texell Credit Union. Now members can view their FICO® Credit Score based on their information from their Experian credit report.And it’s free every quarter! Members will be provided with access to their score and key factors that affect your score. There will also be educational content to help members better understand why monitoring

Enroll in our Mobile App   to get your free FICO®credit score today.


FAQs

Q. What is a FICO® Score?

FICO® Scores, the credit scores created by Fair Isaac Corporation (FICO), are the most widely used credit scores in lending decisions.Lenders can request FICO® Scores from all three major credit reporting agencies. FICO develops FICO® Scores based solely on information in consumer credit files maintained at the credit reporting agencies. Understanding your FICO®Score can help you better understand your credit risk and allow you to effectively manage your financial health. A good FICO ® Score means better financial options for you.

Q. What is the lowest and highest possible FICO® Score?

A. The classic FICO® Scores which are in use today by the vast majority of lenders all fall within the 300‐850 score range.This score range was introduced to establish an easy‐to‐understand, common frame of reference for lenders and consumers.

Q. What are Key Score Factors?

A. When a lender receives your FICO® Score, "key score factors" are also delivered, which are the top factors that affect the score.Addressing some or all of these key score factors can help you improve your financial health over time. Having a good FICO® Score can put you in a better position to qualify for credit or better terms in the future.

Q. Why is Texell providing me with my FICO® Score?

A. It is important to Texell to provide our members with information and tools that allow them to monitor their FICO® score. We are providing members with their FICO® Score and information to help them better understand it.

Q. Where did Texell get my FICO® Score from?

A. Texell partners with FICO® and Experian, one of the major reporting agencies, to be able to provide our members with their FICO® Score.

Q. Why is this score different from other scores that I received from somewhere else?

A. The FICO® Score Texell provides is based on information from member’s Experian credit report based on the “as of” date included with your score. This may differ from scores members have received else where that may have been calculated at a different time using information from a different credit bureau or even a different score model. If you have additional questions regarding the FICO® Score model and how it’s calculated, please refer to the FICO® Score FAQ   and Understanding FICO® Scores.

Q. I don’t see my FICO® Score when I log into Texell’s Mobile application.

A. Your score won’t be available if:

  • You have a joint account (only the primary account holder’s FICO® Score will be displayed)
  • You recently opened a new account – FICO® Scores are pulled quarterly
  • You do not have enough credit history to generate a score
  • You are on Experian’s block consumer file


Additional Resources:

Understanding Your FICO® Score

FAQ about the FICO® Score 

What is a FICO® Score

What goes into FICO® Scores

How lenders use FICO® Scores


*Texell Credit Union and Fair Isaac are not credit repair organizations as defined under federal or state law, including the Credit Repair Organizations Act. Texell Credit Union and Fair Isaac do not provide "credit repair" services, advice or assistance regarding "rebuilding" or "improving" your credit report,credit history or credit rating. FICO is a registered trademark of Fair Isaac in the United Sates and other counties.