Your Credit Score

credit score billguard

Your credit score influences the financing that’s available to you and the terms that lenders may offer you. It’s an essential element of your financial health.

When you apply for credit, the lender – for example, a bank or credit card company – uses your credit score to help determine if you are creditworthy and if so, what interest rate to offer you. That’s why it’s important to understand where your credit score currently stands, what factors influence it, and how you could improve those factors.

With BillGuard Pro, you’ll receive your TransUnion credit score updated yearly.

With BillGuard Ultimate, you’ll receive your TransUnion credit Score updated monthly.

Credit scores are generated from statistical models based on elements in your credit report. Some factors that may affect credit scores:

  • Your total debt
  • Types of accounts
  • Number of late payments
  • Age of accounts

TransUnion credit scores range from 300 to 850.