Understanding and Accessing Your FICO® Score

Your FICO Score is a snapshot of your credit and your ability to access loans, resources and more. There’s a lot riding on that three digit number, which is why Andrews Federal ensures it’s available to all members free of charge through their Digital Banking logins. 

Below, you’ll learn more about your FICO Score, why it matters, and how you can easily access yours whenever you want to check in. 

What Is a FICO Score?

A FICO Score is a three-digit number (ranging from 300 to 850) that reflects your creditworthiness and indicates how likely you are to repay borrowed money on time. Several factors go into determining your FICO Score, including: 

Your payment record and how frequently you make on-time payments

Your total debt

The age of your accounts (the longer you’ve had credit cards open and paid on them responsibly, the better)

How recently you’ve applied for credit 

Who Looks at my FICO Score? 

Anyone who is assessing whether to make funds or resources available to you may have interest in reviewing your FICO score. That includes: 

Lenders

Credit card companies 

Landlords

Insurers 

Some employers, depending on the field you work in

This video shows what goes into your FICO score and why it might matter to people considering your creditworthiness. 

Why Does My Credit Report and FICO Score Matter? 

Your credit report lists the factors we mentioned above: your available credit, your payment history, etc. Your FICO score combines the data from several credit bureaus to create a snapshot of your financial standing and likelihood to be able to repay a loan. 

This video shows what goes into your credit report and why it matters. 

Wondering how lenders use your credit score to evaluate your loan application? This video gives more detail about what happens and how your credit score plays a role in the process once your preferred lender receives your application. 

Accessing Your FICO® Score via Andrews Federal Digital Banking

As an Andrews Federal member, you can check your FICO score for free whenever you want, and without any impact to your credit. It’s immediately accessible in your Digital Banking account. Here’s how to navigate to it online and in the Mobile Banking app. 

Log into Andrews Federal’s Digital Banking platform. 

Navigate to Account Services 

Tap or click on FICO® Score. 

Your FICO score can serve as a useful touchpoint when you’re evaluating your finances. By checking it regularly you can assess your progress and determine whether you’re moving closer to achieving your financial goals. 

Ready to put a great FICO score to work for you? Consider our lending options.

Need some help working on your finances? Consider our financial counseling resources from Greenpath.