Summer Time: How Is Your Credit Union Doing?
5 Ways to Build a Healthy Credit History
Protect Your Finances with Strong Passwords
7 Questions to Ask Before Refinancing
If you've ever watched TV's "The Biggest
Loser," you know that it's easier
to maintain a healthy weight now than
try to lose weight and overcome possible
health conditions later. (Or as some
people say, "A moment on the lips,
forever on the hips.")The same is true of your credit history, which affects everything from your purchasing power to your ability to get a reasonable loan rate or land a job. Building a healthy credit history from the start – rather than trying to overcome mistakes later – can save you time, energy and money.
To get an idea of your credit history, potential lenders will examine your credit score. A high credit score can make it easier to get a credit card or loan, and may result in the lender setting a lower interest rate. To boost your credit score, remember these tips:
1. Pay your bills on time. Learn more about BillPayer and automatic payment transfer options at www.AltaOne.org under Convenience Services.
2.Pay down your debt. Consider our low-rate loans to consolidate your debt. A financial counselor can also help you create a debt management plan. Call BALANCESM toll-free at (888) 456-2227 or log onto www.balancepro.net.
3.Reconsider closing accounts. You may be tempted to close an old credit card account because you no longer use the card. But the longer your responsible borrowing history, the better your score.
4.Think twice about opening accounts. Applying for a lot of credit at once can harm your credit score. And every line of credit you apply for will stay on your record for at least seven years, even if the account is only open for a day or two.
5.Fix errors. Review your official records from all three major credit reporting agencies (Equifax, Experian and TransUnion) and be sure any incorrect information is corrected. You can order a free credit report from each agency once a year at www.annualcreditreport.com.*
With healthy rates on savings and low-rate loans and credit cards, AltaOne can help you achieve fiscal fitness and a healthy credit history. Contact us at (760) 371-7000 or www.AltaOne.org to learn more.
* Website provided for information only. No endorsement is implied.
 LPL Financial Consultant CA Insurance Lic #: 0B73799 |
Contact a Financial Consultant Today!
(760) 371-7000 or (800) 433-9727 (Toll Free)
Monday through Friday: 9:30 a.m. to 5:00 p.m. or by appointment
AltaOne Financial Services
701 S. China Lake Blvd.
Ridgecrest, California
www.AltaOne.org
(760) 371-7000 or (800) 433-9727 (Toll Free)
Monday through Friday: 9:30 a.m. to 5:00 p.m. or by appointment
AltaOne Financial Services
701 S. China Lake Blvd.
Ridgecrest, California
www.AltaOne.org
| Securities and Insurance products offered through LPL Financial and its affiliates member FINRA/SIPC |
| Not NCUA Insured | No Credit Union Guarantee | May Lose Value |
| AltaOne Financial Services and AltaOne Credit Union are not affiliated with LPL Financial. |
| Member Services Call Center (760) 371-7000 Toll Free (800) 433-9727 M-F: 7:00 a.m.-7:00 p.m. |
Questions/Comments Write To: Member Services, P.O. Box 1209 Ridgecrest, CA 93556 VoiceOne (760) 371-7007/ (866) VOICECU |
Financial Services Phone (760) 371-7000 Fax (760) 371-7292 701 S. China Lake Blvd. Ridgecrest, CA 93555 M-F: 9:30 a.m. - 5:00 p.m. |
This publication does not constitute legal, accounting or other professional advice. Although it is intended to be accurate, neither the publisher nor any other party assumes liability for loss or damage due to reliance on this material. Images may be from one or more of these sources: ©Thinkstock, ©iStock. ©2010 Priority Publications, Inc. priorityresults.com