Simple Tips to Improve your Credit Score
1. Pay bills on time: One of the biggest factors in determining your credit score is your past payment  history. Late payments lower your credit score. Paying your  bills on time show that you are a responsible money manager.
2.Make at least the minimum amount required: This will avoid negative reports and  paying more than the minimum will reduce interest charges and improve your credit score.
3. Keep your debt levels low. To build a good credit history, don't max out your credit cards, and try to pay off the balances each month. If you owe a lot of money on credit cards and other obligations, creditors will question your ability to obtain any new loan or credit cards you may wish to apply.
4. Do not own or apply for credit cards you really don't need. Even if you rarely or never use them, owning a stack of credit cards and department store cards can damage your credit score.
5. Alert current or potential creditors if you've moved or changed names. If you don't provide your new address promptly you could end up missing payments on your bills. Late or missed payments will damage your credit score.
6. Check your credit report annually. Inaccurate or missing information could damage your credit score.

Open a Money Market Account

With a Money Market Account at El Paso Employees you will enjoy:
→Higher interest rates
→Easy access to your money
→Free Internet Banking
→Free Bill Pay
→Up to $350,000 Insurance*

*The first $100,000 insured by the National Credit Union Administration(NCUA) with an additional $250,000 of coverage provided by Excess Insurance Corporation (ESI), a private corporation.

 

 

 IDENTITY THEFT AND YOUR REBATE CHECK
Even if the caller or the e-mail claims to be from the IRS, never give an account number or your Social Security number over the phone or in an e-mail.
Crooks are drumming up new ways to heist money from victim's financial accounts. According to the Associated Press, some of those scams use the government's new economic stimulus package rebate checks as bait. Be on the lookout for these e-mail and telephone scams. Here are some examples:
Account Information for Direct Deposit of the rebate: The caller claims to be from the IRS and promises a sizable rebate in return for bank account information which, supposedly, is required for direct deposit. If you refuse they tell that you can't receive the rebate. Hang up. It's a scam!
Click on link for refund claim form: This bogus e-mail message looks legitimate, but if you respond and enter personal information, expect your accounts to run dry.
Click on link: your return is being audited: The link prompts you to complete forms with personal and account information. Hit the delete button and keep identity thieves at bay. BE ALERT!