Video transcript: Credit score video
Note:
This video uses text, infographics, and animated illustrations to reinforce spoken content. Light music plays.
On screen:
Understanding your credit score.
Logo:
The Chase octagon symbol.
Narrator:
You may have heard a lot about something called your credit score.
On screen:
An animated illustration shows a diverse group of people. A credit score floats above each individual.
Narrator:
Your credit score is a number that lenders use to determine the likelihood that you’ll repay a loan. Your payment history, amount of debt, and available credit can all affect your score. There are lots of ways you can improve your credit score though, like making your payments on time, every time, keeping the amount you owe low, and paying down balances regularly.
On screen:
An illustration shows a woman with a credit score of 645. An info-graphic indicates that her score increases to 720 after she's improved her payment history, lowered her debt, and increased her available credit.
Narrator:
Late payments, high balances, too much outstanding debt, and multiple credit inquiries can negatively impact your score.
On screen:
Negative Credit Score Factors:
- Late payments;
- High balances;
- Too much outstanding debt;
- (and) Multiple credit inquiries.
Narrator:
It’s also important to make sure your score is accurate. You can check it for free once a year at each of the 3 major credit-reporting agencies.
On screen:
- Equifax (Registered trademark): 1-866-349-5191. Equifax.com.
- Experian (Trademark): 1-888-397-3742. Experian.com.
- TransUnion (Registered trademark): 1-800-888-4213. Transunion.com.
Narrator:
Another great way to stay on top of your credit is with Chase Credit Journey. Our free service offers: Unlimited access to your credit score and credit report. Alerts about critical changes to your credit report, and... a score simulator to help you see how financial decisions can affect your rating.
On screen:
A woman sits on her sofa and pets her cat. She uses her mobile device to review her credit information with Chase Credit Journey.
On screen:
Chase Credit Journey -
- Unlimited access;
- Critical alerts;
- (and) Score simulator.
Narrator:
Good credit can help you get better mortgage terms and rates.
On screen:
The woman shakes hands with her realtor in front of a house with a "Sold" sign on the lawn.
Narrator:
It’s an important part of your home-buying journey and we can help you stay on track!
Logo:
The Chase octagon symbol.
On screen:
Chase. Make More of What's Yours (registered trademark).
Note:
Legal disclosures appear.
On screen:
All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. Home lending products offered by JPMorgan Chase Bank, N.A. Equal Housing Lender. {{copyrightCurrentYear}} JPMorgan Chase & Co.