CREDIT COMPASS
Navigate your credit with confidence
With one powerful tool, access your credit score, full credit report, credit monitoring, financial tips, and education.
All of this without impacting your credit score.
You can do this ANYTIME and ANYWHERE and for FREE.
YOUR CREDIT SCORE. DAILY. AND SECURE.
Access your credit score and report in our mobile app and online banking.
Features
- Daily access to your credit score
- Real time credit monitoring alerts
- Credit score simulator
- Personalized credit reports
- Special credit offers
- And more!
How to Enroll
- Login to online banking or our mobile banking app.
- Look for the Credit Score box and click on Show my Score.
- Follow the on-screen instructions to complete your enrollment.
Login
Frequently Asked Questions
| What is Credit Compass? |
| Credit Compass helps you stay on top of your credit by providing your latest credit score and report while highlighting key factors that impact the score. It also monitors your credit daily and informs you by email if any significant changes are detected, such as a new account being opened, a change in address, employment, delinquency, or inquiry has been reported. |
| Does Credit Compass include credit monitoring? |
| Yes. Credit Compass will monitor and send email alerts when there has been a change to your credit profile. |
| Is there a fee for Credit Compass? |
| Credit Compass is completely free for Golden Belt Bank customers. However, you must use our online or mobile banking service in order to subscribe. |
| Will accessing my credit score through Credit Compass "ding" my credit and potentially lower my credit score? |
| Credit Compass is a "soft inquiry" which does not affect a credit score. Lenders use "hard inquiries" to make decisions about creditworthiness when you apply for loans. |
| How often is the credit score updated? |
| The credit score will be updated every seven days and displayed in online and mobile banking. You can click "refresh score" as often as every day for an updated credit score. |
| What is the information provided by Credit Compass appears to be wrong or inaccurate? |
| Credit Compass makes every effort to show the most relevant information from a credit report. If you think some information is wrong or inaccurate, you can obtain a free credit report from www.annualcreditreport.com and then dispute inaccuracies with each bureau individually. Each bureau has its process for correcting inaccurate information, but every Credit Compass user can "File a Dispute" with Transunion by clicking on the "Dispute" link within Credit Compass. Transunion will share this with the other bureaus if the inaccuracy is verified. |
| Why do credit scores differ? |
| Three major credit reporting bureaus (Equifax, Experian, and Transunion) and two score models (FICO or VantageScore) determine credit scores. Financial institutions use different bureaus, as well as their own scoring models. Over 200 credit report factors may be considered when calculating a score and each model may weigh credit factors differently, so no scoring model is identical. |
| Will Credit Compass be used to make loan decisions? |
| No. Golden Belt Bank will continue to use its own lending criteria and "hard inquiry" credit reports for making loan decisions. |