Credit Sense

Credit Sense is a comprehensive Credit Score program offered by Eastex Credit Union that helps you stay on top of your credit. You get your latest credit score and report, an understanding of key factors that impact the score, and see the most up to date offers that could help you save.

Credit Sense 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, 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. Credit Sense is entirely free and no credit card information is required to register.

As long as you are a regular Eastex online banking user, your credit score will be updated every month and displayed in your online banking account. You can click “refresh score” as frequently as every day by navigating to the detailed Credit Sense site from within the online banking.

Credit Sense pulls your credit profile from TransUnion, one of the three major credit reporting bureaus, and uses VantageScore 3.0, a credit scoring model developed collaboratively by the three major credit bureaus: Equifax, Experian, and TransUnion. This model seeks to make score information more uniform between the three bureaus to provide consumers a better picture of their credit health.

There are three major credit-reporting bureaus—Equifax, Experian and Transunion—and two scoring models—FICO or VantageScore—that determine credit scores. Financial institutions use different bureaus, as well as their own scoring models. Over 200 factors of a credit report may be taken into account when calculating a score and each model may weigh credit factors differently, so no scoring model is completely identical. No matter what credit bureau or credit scoring model is used, consumers do fall into specific credit ranges:

Superior 750+

Exceptional 700-749

Excellent 660-699

Average 620-659

Below Average - 580-619

High Risk 579 or below

No, Eastex uses its own lending criteria for making loan decisions.

Credit Sense uses bank-level encryption and security measures to keep your data safe and secure. Your personal information is never shared with or sold to a third party.

Credit Sense can help you manage and monitor your credit so when it comes time to borrow for big-ticket purchases—like buying a home, car, or paying for college—you have a clear picture of your credit health and can qualify for the lowest possible interest rate. You’ll also see offers on how you can save money with Eastex.

Credit Sense makes its best effort to show you the most relevant information from your credit report. If you think that some of the information is wrong or inaccurate, we encourage you to take advantage of obtaining free credit reports from www.annualcreditreport.com and then pursuing each credit bureau individually. Each bureau has its own process for correcting inaccurate information but every user can “File a Dispute” by clicking on the “Dispute” link within their Credit Sense Credit Report. However, the Federal Trade Commission website offers step-by-step instructions on how to contact the bureaus and correct errors.

No. Checking Credit Sense is a “soft inquiry”, which does not affect your credit score. Lenders use ‘hard inquiries’ to make decisions about your creditworthiness when you apply for loans.

Yes. Credit Sense will monitor and send email alerts when there’s been a change to your credit profile.