Baby feet with shoes

Baby Steps to Better Credit

A credit report is a history of how well you pay debts and other bills. A credit score is like a grade that’s given to your report. Both are used by lenders, landlords, and other service providers to determine your creditworthiness. If your credit report or credit score aren’t working in your favor, now’s the time to take action. These baby steps will get you started on the road to improvement.

Check your credit report

You won’t know how to fix your credit report if you haven’t seen it. Through, you can check your credit report from each of the three credit bureaus. We recommend reviewing your reports throughout the year so you can keep an eye on things.

Fix errors

Review your credit report for errors. If you see any accounts that you didn’t open or discrepancies, you should contact the credit bureau and the reporting business to initiate the process to correct them. Doing so could improve your credit history and score.

Steps to getting your finances back on track after a financial setback. Download the free checklist.

Pay bills on time

If you don’t already, start making on-time payments for your obligations every month. Consecutive late payments will negatively impact your score. Turn the trend around by paying on time over several months. Consistent, timely payments will yield consistent improvement.

Reduce debt

30% of your credit score is based on credit utilization, which considers the amount you owe compared to how much credit you have available. Pay down debt so you aren’t using too much of the credit available to you. Consider a debt management program to help ease this burden.

Get help

Understanding credit and building a plan to improve it can be daunting. But there is help. Schedule an appointment with one or our local 1st United branches and a staff member will help you read through your report.

Additionally, 1st United has partnered with BALANCE, a financial education and counseling service that can help you with free financial counseling. Services to help you get out of debt include reviewing your credit report, setting up a spending and savings plan, and even helping you to prepare to buy a home.

Recommended for You

plant icon illustration

Financial Education
Stay informed about the latest news and scams, and learn how to reach your goals.

checkmark badge icon illustration

Become a Member
Join 1st United Credit Union today!

piggy bank icon illustration

Get Started
Open an account from your couch.

Cashier using contactless payment

The Affordable Way to Manage Your Spending

Want low rates for purchases, cash advances, and balance transfers? Our Visa Platinum card is for you!

Credit Cards