Free Credit Monitoring with SavvyMoney

SavvyMoney is a credit score monitoring program offered by Ascend FCU that helps you stay on top of your credit. With this program, you'll have real-time access to your latest credit score and report.

SavvyMoney 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, a 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.

No. SavvyMoney utilizes a soft credit pull, which does not affect your credit score. Hard credit pulls are used by lenders to make decisions about your creditworthiness when you apply for loans.

1. Login to Ascend digital banking

2. Desktop: Click on the “Your Credit Score” widget on your digital banking dashboard
   Mobile App: Switch from the “Accounts” tab to the “Dashboard” tab. Then scroll down and choose “Your Credit Score”

3. Sign up with SavvyMoney

A credit score is one of the pieces of information that we'll use to evaluate your application. Credit scores are based on information collected by credit bureaus and information reported each month by your creditors about the balances you owe and the timing of your payments.

A credit score is a compilation of all this information converted into a number that helps a lender to determine the likelihood that you will repay the loan on schedule. The credit score is calculated by the credit bureau, not by the lender. Credit scores are calculated by comparing your credit history with millions of other consumers. They have proven to be a very effective way of determining credit worthiness. Some of the things that affect your credit score include your payment history, your outstanding obligations, the length of time you have had outstanding credit, the types of credit you use, and the number of inquiries that have been made about your credit history in the recent past.

Credit scores used for mortgage loan decisions range from approximately 300 to 900. Generally, the higher your credit score, the lower the risk that your payments won't be paid as agreed. Using credit scores to evaluate your credit history allows us to quickly and objectively evaluate your credit history when reviewing your loan application. However, there are many other factors when making a loan decision, and we never evaluate an application without looking at the total financial picture of a member.

Digital banking is Ascend’s free online account access service that allows you to use a personal computer with an internet connection or a mobile device, as well as Ascend's mobile app to conduct your financial transactions online. And with digital banking from Ascend, you’ll have the same experience regardless of the device you’re using.

To access digital banking for the first time, please visit secure.ascend.org/registration to register. Returning users can visit secure.ascend.org via an online browser or download the Ascend mobile app from the app store.

Your credit score will be updated every seven days and displayed in the Ascend Mobile App and online banking. You also can click “refresh score” as often as every day for an updated credit score.

Ascend Federal Credit Union uses its own lending criteria for making loan decisions.