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Bronco joins statewide initiative to help Virginians protect and improve their credit

Most people know identity theft is a growing problem, but did you know a recent Federal Trade Commission study found that about 40 million consumers have mistakes on their credit reports, some of which could have an impact on credit scores? Bronco Federal Credit Union, The Credit Unions Care Foundation of Virginia and other credit unions across the state want to send a message:

Pull your free credit report today to check for signs of identity theft and look for reporting errors and ways to improve your credit. If you don’t know where to start – your local credit union can help.

To support this, credit unions across Virginia will be assisting with SMART Credit Checks to provide information on:

• How to safely obtain a free credit report;
• How you can use your credit report to help determine if you are a victim of identity theft;
• The steps you should take if you are an identity theft victim;
• How to correct errors on your credit report;
• How information in your credit report determines your credit score; and lastly,
• Ways you can improve your credit score.

“According to the National Foundation for Credit Counseling’s 2013 Consumer Financial Literacy Survey, 65 percent of respondents failed to check their credit report within the past year,” said Rebecca Cardwell, chairman of the Credit Unions Care Foundation’s Financial Education Committee. “Our goal is to ensure all Virginians obtain and review their credit reports at least once each year.”

Bronco wants to help our members find ways to improve their credit scores, save them money, and protect them from identity theft. We’re proud to be a part of this statewide initiative. It’s a great example of the cooperative nature of Virginia’s not-for-profit credit unions and their philosophy of people helping people.

To assist with this initiative, Bronco representatives are available to meet one-on-one with individuals to review their credit report.

Come in today to get your SMART Credit Check.