Credit Learning Center

Make the most of your membership by understanding how to access your credit scores and reports, what credit scores are, how credit scores are calculated, what impacts your credit scores and more.

Your credit score is a summary of your entire credit report. The information from your report is plugged into a mathematical equation to determine your score. By comparing your information with the patterns found in thousands of other past credit reports, the scoring system identifies your specific level of credit risk. Your score lets a lender know how likely you will be to repay a loan or to make your credit payments on time. The higher your score, the more likely you are to get approved and receive better terms.

Because your credit score summarizes your complete credit report information into one number, it is very important. Your credit score is always calculated by a mathematical equation, which evaluates the many types of data points (or “score factors”) from your credit report from a specific credit-reporting agency.

Some score factors have a positive effect on your credit score, while others have a negative effect on your credit score. Below, you’ll see some of the factors that can negatively impact your credit score, listed from most harmful to least harmful:

  • Too many credit inquiries (how often you submit an application for credit)
  • Too many serious credit delinquencies (how timely your payments have been)
  • Too many recently opened lines of credit
  • Average balance of revolving credit accounts is too high
  • Too few mortgage accounts

Credit scores are used in many ways. They are frequently used by creditors, employers, insurance companies, and finance companies to determine a person’s creditworthiness. Your personal score is a snapshot that’s often used for quick credit decisions. Creditors may also choose to obtain your full credit report to access a more complete and detailed set of information to help them determine your level of risk.

Equifax, Experian, and TransUnion also offer industry-specific scores. Industry-specific credit scores make it possible for lenders in specific industries to get a better assessment of certain factors that are in your credit file. For example, a lender that is in the automotive industry may request a score model that more closely evaluates your auto loan payment history. Your score would then be based on the data in your report that best reflects that agency. Your overall credit score rating may also differ, depending on the score model that is requested (mortgage, auto, etc).

By federal law, you are entitled to a free copy of your credit report once a year. Visit to get your credit report from all three credit reporting agencies. But if you’re looking to better monitor your credit report, you can get daily credit monitoring with You’ll be able to access your personal report online 24/7, and if there is every any irregular or suspicious account activity, we will alert you immediately. We also have Credit Fraud Consultation services.

Creditors send updates to the credit reporting agencies on a monthly basis, but the day of the month will vary. For example, you might receive an update from Creditor A on the first day of the month and from Creditor B on the last day of the month. This is why it's important to have access to your credit report every day.

Credit monitoring is an ongoing service that continuously monitors your credit report for any changes. Changes to your report could include missed payments, brand new inquiries, or even new accounts. will immediately contact you if there are any new alerts like these to your credit file. Credit monitoring is also a very important tool for fighting identity theft, since you are alerted immediately if someone tries to open an account in your name. Without credit monitoring, you could be at risk of someone stealing your identity and creating debt in your name.

Credit inquiries are requests made by financial companies to better understand your credit worthiness. These companies use the information in your credit report to determine how much credit they should issue you. Credit inquiries are typically made when people are applying for credit cards, auto loans, or home loans. Credit inquiries are also made when people are looking to rent or buy apartments or homes. But of course, credit inquiries can only be made if you authorize them.

When you sign up with, you’ll get unlimited access to your credit reports and scores. You’ll also receive 24/7 credit monitoring, credit report consultations, and credit alerts. You’ll even have access to our exclusive credit education center. There are other optional benefits that you can take advantage of, including access to all three of your credit reports and scores.

After you’ve signed up, you can view your credit report and credit score from the member dashboard. You’ll be able to easily navigate between your benefits by using the tabs near the top of the page.

After you’ve logged in to the member dashboard, you’ll notice a “Credit Alerts” tab at the top of the page. Click the tab, and you’ll be able to see any alerts you’ve received and are in need of review.

The action that you’ll need to take will depend on the type of the credit alert. For example, you might receive an alert about a new inquiry on your report. If you have recently applied for credit, then that could explain the inquiry. But if you haven’t applied for credit, then you should call the company listed on the inquiry. The same steps apply for any new accounts that have suddenly been opened in your name.