Credit Score by SavvyMoney

Credit Score by SavvyMoney is offered to Soarion Credit Union members to help you stay on top of your credit. You get your latest credit score and report, an understanding of key factors that impact the score, and can see the most up to date offers that can help reduce your interest costs. With Credit Score, you always know where you stand with your credit and how Soarion Credit Union can help save you money.

Credit Score also monitors your credit report daily and informs you by email if there are any big changes detected such as: a new account being opened, change in address or employment, a delinquency has been reported or an inquiry has been made. Monitoring helps users keep an eye out for identity theft.

Credit Score by SavvyMoney is available for free to Soarion Credit Union members in Digital Banking via your web browser or the Soarion CU Mobile App.

Take control of your credit score and report
Understand your credit and how to improve it with personalized tips
Monitor your credit with important alerts
Find savings opportunities
Learn how different actions could affect your score with the Simulator Tool.

Credit Score FAQs

Credit Score in Digital Banking is provided by Soarion Credit Union in partnership with SavvyMoney. It provides your current credit score and report, information about key factors that impact your score, and offers that can help reduce your interest costs or lower your monthly payments.

No, Credit Score is a "soft inquiry", which does not affect your credit score. Typically, lenders use ‘hard inquiries’ to make decisions about your credit worthiness when you apply for loans.

No. Credit Score is provided free of charge to Soarion Credit Union Digital Banking users.

Your credit score will be updated every 7 days and displayed within Digital Banking. You can also refresh your credit score and full credit report every 24-hours by clicking "Refresh Score".

Yes. After you have enrolled, Credit Score will monitor and send email alerts when there's been a change to your credit profile. When applicable, you can also find these monitoring alerts within your online or mobile banking account.

Credit Score use your credit profile from TransUnion, one of the major credit reporting bureaus, and uses VantageScore 3.0, a credit scoring model developed by the three major credit bureaus: Equifax, Experian, and TransUnion. VantageScore seeks to make score information more consistent between the three bureaus, to providing you with a better picture of your credit health.

The Score Simulator is an interactive tool that allows you to select various actions you may take and see how your score could be affected. Different actions, like paying off a credit card balance might make your score move up or down. Just like checking your credit score through SavvyMoney, using the simulator does not affect your actual credit score.

You can find the Score Simulator tool under the Score tab in Credit Score by SavvyMoney.

The SavvyMoney Credit Score makes its best effort to show you the most relevant information from your credit report. If you think that some of the information is wrong or inaccurate, we encourage you to take advantage of obtaining free credit reports from www.annualcreditreport.com, and then pursuing with each bureau individually. Each bureau has its own process for correcting inaccurate information but every user can “File a Dispute” by clicking on the “Dispute” link within their SavvyMoney Credit Report. However, The Consumer Financial Protection Bureau website offers step-by-step instructions on how to contact the bureaus and correct errors.

There are three major credit-reporting bureaus—Equifax, Experian and Transunion—and two scoring models—FICO or VantageScore—that determine credit scores. Financial institutions use different bureaus, as well as their own scoring models. Over 200 factors of a credit report may be considered when calculating a score and each model may weigh credit factors differently, so no scoring model is completely identical but should directionally be similar.