GECU credit cardholders (primary account holders) can now view their FICO® Score online through the Credit Card section in Online Banking!
Your credit score summarizes your credit risk based on the information in your credit report at any given time. In general, the higher your score, the lower the risk to a potential lender. The most commonly used scores are FICO® Scores, which are created by Fair Isaac Corporation. FICO® Scores are available through all three major reporting agencies – Experian, Equifax, and TransUnion. The FICO® Score we provide is the FICO® Score 8 based on Equifax data and may be viewed online anytime. While your FICO® Score will always be available online, it is only retrieved from Equifax and updated quarterly.
Your score is calculated using five basic groups of data in your credit report:
- Payment history
- Outstanding debts
- Length of credit history
- New credit
- Types of credit used
How you manage your financial health over time is important. The more you understand your FICO® Score and how it works, the more confident you’ll feel about your financial decisions.
FICO® Score FAQs
- 35% - Payment history
- 30% - Outstanding debt
- 15% - Credit history length
- 10% - Pursuit of new credit
- 10% - Credit mix
- You are a new consumer credit card account holder – Your FICO® Score is refreshed quarterly and may not have been available during our last score refresh process.
- You are not the primary account holder on your joint account.
- You are an authorized user.
- Your card is no longer active.
- Your score was temporarily unavailable at the time of our quarterly score refresh process.
FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries. General Electric Credit Union and Fair Isaac are not credit repair organizations as defined under federal or state law, including the Credit Repair Organizations Act. General Electric Credit Union and Fair Isaac do not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating.