National ATMsMy Credit Score
Powered by SavvyMoney®
Stay on top of your credit score with daily updates, full credit reports, and more.
My Credit Score is a free service available to Magnifi Financial members enrolled in digital banking.
Key benefits include:
- Access your credit score anytime and anywhere
- Protect your identity by reviewing your credit report
- Improve your score with in-app suggestions
- Save money with personalized recommendations from Magnifi Financial
Credit Score
Log in to Digital Banking and update your score as often as every 24 hours to stay up to date on your credit score status.
Credit Report
Look at the in-depth picture of the information and accounts reviewed when building your credit report. Easily submit disputes if there is inaccurate information.
Credit Score Simulator
Simulate different actions like a new loan or inquiry and see how they could impact your credit score.
Personalized Offers
Find ways to lower your interest rates and save money with Magnifi Financial offers tailored to you.
Getting Started
To get started you must be enrolled in digital banking and sign up for My Credit Score.
Once
you have signed up, My Credit Score will always be available when you log in to Magnifi Financial
Digital Banking!
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Sign in to Digital Banking
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Locate and click My Credit Score
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Enter date of birth and accept terms and conditions
On Mobile
On the mobile app, click the My Credit Score quick button located at the top of the main page. Enter your date of birth, accept the terms and conditions and you are ready to go.
On Desktop
In online banking, click the Show My Score button in the right-hand column below the credit score dial. Enter your date of birth and accept the terms and conditions.
Credit Score
Your credit score is available in an easy-to-read dial, along with scorecards for the different areas that make up your score. Review the line graph to see how your score has changed over time
Recommended
Improvement Actions
When you click into the scorecards, you can see recommended actions to improve the category. In this example for credit usage, it recommends to pay off credit cards to decrease the percentage of used credit.
Credit Report
The credit report provides an overview of all of your open accounts included in your credit report. Each item expands, giving additional details of the account. Here you are also able to start a dispute for any inaccurate information.
Score Simulator
Simulate different actions that you could take when it comes to applying for credit. This tool gives you more control and understanding of how your credit score can change and what impacts it.
Loans & Offers
My Credit Score works for you, providing recommended offers from Magnifi Financial to helping you get a lower interest rate or save money on your existing loans and credit cards.
Alerts
Stay up-to-date on your credit score and report. The alerts page lists new changes to your score and report. You can also receive emails when there is a change to your credit report.
My Credit Score FAQs
My Credit Score powered by SavvyMoney® is available through Magnifi Financial online and mobile banking to Magnifi Financial members over the age of 18. My Credit Score is a free service offered to help you understand your current credit score, give access to your full credit report, provide credit monitoring alerts, show you how you can improve it and see ways you can save money on new and existing loans with Magnifi Financial.
My Credit Score
SavvyMoney is a comprehensive Credit Score program offered by your financial institution, that helps 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 this program, you always know where you stand with your credit and how your financial institution 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.
As long as you are a regular online banking user, your credit score will be updated every month and displayed in your online banking screen. You can click “refresh score” as frequently as every day by navigating to the detailed SavvyMoney site from within online banking.
SavvyMoney pulls your credit profile from TransUnion, one of the three major credit reporting bureaus, and uses VantageScore 3.0, a credit scoring model developed collaboratively by the three major credit bureaus: Equifax, Experian, and TransUnion. This model seeks to make score information more uniform between the three bureaus to provide consumers a better picture of their credit health.
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 taken into account when calculating a score and each model may weigh credit factors differently, so no scoring model is completely identical. No matter what credit bureau or credit scoring model is used, consumers do fall into specific credit ranges: Excellent 781–850, Good 661-780, Fair 601-660, Unfavorable 501-600, Bad Below 500.
No. Checking SavvyMoney Credit Score is a “soft inquiry”, which does not affect your credit score. Lenders use ‘hard inquiries’ to make decisions about your credit worthiness when you apply for loans.
My Credit Report
SavvyMoney Credit Report provides you all the information you would find on your credit file including a list of open loans, accounts and credit inquiries. You will also be able to see details on your payment history, credit utilization and public records that show up on your account. Like Credit Score, when you check your credit report, there will be no impact to your score.
Yes. SavvyMoney will monitor and send email alerts when there’s been a change to your credit profile.
Yes. SavvyMoney will monitor and send email alerts when there’s been a change to your credit profile.
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 Federal Trade Commission website offers step-by-step instructions on how to contact the bureaus and correct errors.
Lending/Offers
No, Magnifi Financial uses its own lending criteria for making loan decisions.
SavvyMoney Credit Score can help you manage your credit so when it comes time to borrow for a big-ticket purchase—like buying a home, car or paying for college—you have a clear picture of your credit health and can qualify for the lowest possible interest rate. You’ll also see offers on how you can save money on your new and existing loans with Magnifi Financial.
Based on your SavvyMoney Credit Score information, you may receive Magnifi Financial offers on products that may be of interest to you. In most cases, these offers may have lower interest rates than the products you already have. The educational articles, written by Jean Chatzky and the SavvyMoney team, are designed to provide helpful tips on how you can manage credit and debt wisely.
Security
No, your SavvyMoney Credit Score is a free service to help you understand your credit health, how you make improvements in your score and ways you can save money on your loans with Magnifi Financial.
SavvyMoney uses bank level encryption and security measures to keep your data safe and secure. Your personal information is never shared with or sold to a third party.
If you access SavvyMoney program through your online banking, you have to do nothing! Your email address will get updated automatically in SavvyMoney when you update it in online banking. However we always encourage you to inform your financial institution of any contact information updates.
If you signed up with SavvyMoney from our website, please log into the website and click on your name displayed on top right of the screen. Select the Profile link from the drop down, and follow instructions to update your information.
General
No. SavvyMoney is entirely free and no credit card information is required to register.
Yes, SavvyMoney Credit Score is available for both mobile and tablet devices and is integrated inside our mobile application.
Join the Magnifi Family!
At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.
