Understanding Your Credit Score (and How to Improve It)

Your credit score plays a major role in your financial future—from loan approvals to interest rates.

What Impacts Your Credit Score?

• Payment History (35%) – Pay on time, every time

• Credit Utilization (30%) – Keep balances low

• Length of Credit History (15%)

• Credit Mix (10%)

• New Credit (10%)

Simple Ways to Improve Your Score

✔ Pay bills on time

✔ Keep credit card balances under 30%

✔ Avoid opening too many accounts at once

✔ Check your credit report regularly

Improving your credit score doesn’t happen overnight—but consistency pays off.

FPCU can help guide you through building or rebuilding your credit with confidence.