Have you ever wondered what your credit score is? Your credit score is one of the most important numbers in your financial life, impacting everything from loan rates to rental applications and more. Thankfully, keeping tabs on your score is easy with the Truist app.

Truist is one of the largest banks in the U.S., formed by the 2019 merger of BB&T and SunTrust banks. With their handy mobile app, you can view your latest VantageScore credit score and learn how to improve it over time. Let’s dive into the steps:

Downloading the Truist App

The first step is downloading the Truist app on your smartphone. It’s available for iOS devices, and it’s free!

Once downloaded, log into the app using your Truist online banking credentials. If you aren’t yet a Truist customer, you can open an account online or visit your local branch.

Step	Action
1	Download Truist app
2	Log into the app

Navigating to the Credit Scorecard

After logging in, it’s simple to find the credit score section. Look for the “Credit Scorecard” menu option and give it a tap. This brings up your personal credit score dashboard.

The app provides your latest VantageScore 3.0 credit score, which ranges from 300 to 850. Higher scores indicate better credit health. Aim for a score over 700 to receive the best loan terms.

Viewing Your VantageScore

As soon as you enter the Credit Scorecard section, you’ll see your current VantageScore front and center.

This score is provided by TransUnion, one of the three major credit bureaus. It’s updated monthly to show your latest score.

Seeing your score allows you to gauge your current credit standing. A high score over 740 means you have excellent credit, while a lower score under 600 indicates poor credit.

While checking your score, also note the date it was updated and the score range it falls into.

Reviewing Factors that Impact Your Score

Below your VantageScore, the Truist app shows key factors impacting your credit score. This gives you insight into what’s helping or hurting your score.

For example, it displays your payment history, credit usage, age of credit history, new credit applications, and mix of credit types. Seeing excellent marks in areas like on-time payments helps explain your high score.

Pay extra attention to any negative marks dragging down your score, like high balances or missed payments. Improving those factors will boost your credit.

Tracking Your Monthly Credit Score Trends

Monitoring your credit score isn’t just about getting your current score. Seeing how your score changes over time is extremely valuable.

The Truist app makes this easy by showing a 12-month credit score trend graph. You can see if your score has been steadily improving or fluctuating up and down.

Noticing dips in your score can reveal issues to address, like taking on too much debt. And seeing your score trend upward motivates you to keep up the positive credit habits.

Accessing Your Full Credit Report

In addition to your VantageScore credit score, the Truist app grants you access to your complete TransUnion credit report.

Your report provides the full details shaping your score. You’ll see your full history of:

Credit accounts (both open and closed)
Account balances and limits
On-time or late payments
Hard credit inquiries from applications
Public records like bankruptcies and tax liens

Reviewing your credit report helps verify its accuracy and spot any errors that could negatively impact your score. If you see mistakes, you can dispute them with TransUnion.

Understanding Credit Scores

Now that you know how to check your credit score in the Truist app, let’s briefly discuss what credit scores mean and why they matter.

VantageScore and other credit scores like FICO range from 300 to 850. The higher the score, the better. Here are the score ranges and their meanings:

800-850 = Exceptional
740-799 = Very Good
670-739 = Good
580-669 = Fair
300-579 = Very Poor

Shoot for a score over 700 to receive favorable interest rates from lenders. Factors that typically raise your score include:

Long credit history
Low credit utilization
Years of on-time payments
Minimal hard inquiries on your credit report

Monitoring your score regularly lets you catch and dispute any inaccuracies before they cost you money on higher rates.

Other Ways to Check Your Credit Score

Aside from the Truist app, you have several other options to check your credit score for free:

Credit Karma provides free access to your VantageScore from TransUnion and Equifax.
Many credit cards, such as Discover and Capital One, show cardholders their FICO credit scores.
You can get free annual credit reports including scores from www.annualcreditreport.com.

No matter the method, examining your credit score periodically is vital to financial health. The Truist app makes it incredibly simple.

Conclusion: Take Control with the Truist Credit Scorecard

Credit scores influence so many financial decisions, but few people actually monitor them. With the Truist app, you have an easy source to view your latest VantageScore, see what factors impact it, and track your progress over time.

Use your Truist Credit Scorecard to take control of your credit. Identify where your score is strong or needs work, and take action to maximize it. A high credit score saves you money and opens doors for loans and credit cards when you need them.

So download the Truist app and check your credit score today – your financial future will thank you! With tools like robust credit score tracking at your fingertips, you can build and monitor your credit effectively.