A major part of your financial journey is your credit score. Improving it is a science and something that our concierge, Devon, is well versed in.
A concierge can help you lay out a game plan that is tailored to your financial situation. Devon says, "If a member is really serious about repairing and fixing their credit and they follow my steps, I can get their credit to where it needs to be."
Prior to the introduction of MyConcierge, a member reached out to Devon with aspirations of improving their financial wellbeing, specifically, their credit. In situations like this, Devon says, “you need someone who is willing to take the time to help you." Over the past year, Devon has guided this member through the credit repair process. Now, the member is planning for new milestones, which include getting married and buying their first home.
Are you interested in improving your credit score? The first step is sitting down with a concierge like Devon to review and dissect your credit report. While reviewing items on your credit report is a good starting point, it is important to determine the root cause of your score. Is it difficult for you to manage your money and pay your bills? Are you letting payments go because you are out of work? These are questions your concierge may ask you.
Age of credit and credit utilization are two other factors to consider. Many people believe that having a $10,000 credit card limit means you can put $9,000 down and the high balance won't affect them. In reality, spending that close to your limit could have a negative impact on your credit score. That's where Devon comes in. As your concierge, she is here to give you advice before you make these types of credit-altering decisions. All you have to do is ask.
Everyone has financial needs and concerns, but it's important to know you have a financial partner, your concierge, on your side. Maybe you are deep in a financial situation or are struggling to reach a financial goal. No situation or question is too small. As Devon says, "One small question can lead to a great relationship and financial success for you!"
As a member, you have access to a free personal concierge, like Devon—your go-to financial advisor. It's their job to help you navigate the details of spending, saving, and planning for the future. Best of all, they're here whenever you need them, in the Members 1st mobile app and online banking. What are you waiting for? Open your account online in just a few minutes.