Credit Sense

Credit Sense is a comprehensive credit score program offered by Clear Mountain Bank to help you stay on top of your credit. You get your latest credit score and report, an understanding of key factors that impact the score, and can see the most up-to-date offers that can help reduce your interest costs. With this program, you always know where you stand with your credit and how Clear Mountain Bank can help save you money.

Credit Sense also monitors your credit report daily. It informs you by email if any significant changes are detected, such as a new account being opened, a change in address or employment, if a delinquency has been reported, or if an injury to your score has been made. Monitoring helps users keep an eye out for identity theft.

No. Credit Sense is entirely free, and no credit card information is required to register. Message and data rates may apply when using Credit Sense within our mobile banking app.

Yes, Credit Sense is available for use through desktop and mobile (smartphone) devices.

Credit Sense Credit Report provides you with all the information you would find on your credit file, including a list of open loans, accounts, and credit inquiries. You will also be able to see details on your payment history, credit utilization, and public records on your account. This service is FREE to Clear Mountain Bank customers; when you check your credit file, your score will not be impacted.

Yes. Credit Sense will monitor and send email alerts when there's been a change to your credit profile.

Credit Sense pulls your credit profile from TransUnion, one of the three major credit reporting bureaus, and uses VantageScore 3.0, a credit scoring model developed collaboratively by the three major credit bureaus: Equifax, Experian, and TransUnion. This model seeks to make score information more uniform between the three bureaus to give consumers a better picture of their credit health.

Credit Sense uses bank-level encryption and security measures to keep your data safe and secure. Your personal information is never shared with or sold to a third party.

Based on your Credit Sense information, you may receive Clear Mountain Bank offers on products that may interest you. In most cases, these offers may have lower interest rates than your current products. The educational articles are designed to provide helpful tips on how you can manage credit and debt wisely.

Credit Sense makes its best effort to show you the most relevant information from your credit report. Suppose you think that some of the information is wrong or inaccurate. In that case, we encourage you to take advantage of obtaining free credit reports from www.annualcreditreport.com and then pursue with each bureau individually. Each bureau has its own process for correcting inaccurate information, but every user can "File a Dispute" by clicking on the "Dispute" link within their Credit Sense Credit Report. However, The Federal Trade Commission website offers step-by-step instructions on contacting the bureaus and correcting errors.

Three major credit-reporting bureaus—Equifax, Experian, and Transunion—and two scoring models - FICO or VantageScore - determine credit scores. Financial institutions use different bureaus, as well as their own scoring models. Over 200 credit report factors may be considered when calculating a score, and each model may weigh credit factors differently, so no scoring model is completely identical. No matter what credit bureau or credit scoring model is used, consumers fall into specific credit ranges: Excellent 781–850; Good 661-780; Fair 601-660; Unfavorable 501-600; Bad below 500.

Credit Sense can help you manage your credit so when it comes time to borrow for a big-ticket purchase - like buying a home, car, or paying for college - you have a clear picture of your credit health and a better understanding of how you can qualify for the lowest possible interest rate. You'll also see offers on how to save money on new or existing loans with Clear Mountain Bank.

No. Checking Credit Sense is a "soft inquiry," which does not affect your credit score. Lenders use 'hard inquiries' to decide your creditworthiness when applying for loans.

No, Clear Mountain Bank uses its own lending criteria for making loans. Credit Sense is a free service to our customers to help you understand your credit health, how you can improve your score, and how you can save money on your loans with Clear Mountain Bank. The bank does not have access to your credit score through Credit Sense.

No, Clear Mountain Bank does not have access to your credit score through your use of Credit Sense. That information is confidential, and only you can see your score and the recommendations from Credit Sense as to how you can improve your score and save money on existing loans you may have.