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Get Credit Savvy with our Free Reporting Tools!

Understand your credit score, view your credit report, monitor and improve your credit score inside Online Banking!
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Equity Bank Online Banking features free SavvyMoney Credit Score!

This will help you understand your current credit score, give access to your full credit report, provide credit monitoring alerts, show you how you can improve it and see ways that you can save money on new and existing loans with us.

When you get started with SavvyMoney, you’ll learn to:

  • Prevent identity theft through free credit monitoring. Watch for things like new accounts being opened, changes in address or anything else that looks “off”.
  • Understand what influences your score, and make the right financial choices.
  • Increase your score to help you qualify for lower interest rates and save you money.


Frequently Asked Questions


Understand your credit score

Who has a credit score?

Everyone who has at least one line of credit open under their name. Once you’ve opened your first line of credit, you’ll receive your credit score after the first month.

What is a credit score?

A number from 300-850. The higher the score the better. Credit is considered ‘good’ with a score starting at 660. The number determines how likely you are to pay back the money that you might borrow from a financial institution.

What can impact my credit score?

Your credit score can increase or decrease on factors such as paying bills on time, credit usage, the amount of credit lines opened, and the age and history of your credit lines.

When is my credit score used?

Your credit score is used when you want to borrow money from any bank, credit card company, or lender for a personal loan, student loan, or a mortgage on your house.

Why is a credit score important?

Your credit score is an indicator of your financial responsibility. Lenders, including Equity Bank, use credit scores within decisions to offer loans, rates, and terms. The score can tell your lender how likely you are to pay back a loan.

Questions about the process.

Equity Bank Online Banking features SavvyMoney, free for all online banking users, and it’s a comprehensive Credit Score program that helps 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 your financial institution can help save you money.


Credit Score also monitors your credit report daily and informs you by email if there are any big changes detected such as: a new account being opened, change in address or employment, a delinquency has been reported or an inquiry has been made. Monitoring helps users keep an eye out for identity theft.

SavvyMoney Credit Report provides you 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 that show up on your account. Like Credit Score, when you check your credit report, there will be no impact to your score. Use it to keep tabs on your home loan, credit cards, car loans, and your other revolving bills.

Equity Bank provides SavvyMoney entirely free of charge and no credit card information is required to register. It’s available inside online banking and it’s ready for your use!

As long as you are a regular online banking user, your credit score will be updated every month, refreshed overnight, and displayed in your online banking screen. You can click “refresh score” as frequently as every day, and you can navigate to the explanations and details on your score starting from Equity Bank online banking.

SavvyMoney 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 provide consumers a better picture of their credit health.

There are three major credit-reporting bureaus—Equifax, Experian and Transunion—and two scoring models—FICO or VantageScore—that determine credit scores. Financial institutions use different bureaus, as well as their own scoring models. Over 200 factors of a credit report may be taken into account 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 do fall into specific credit ranges:

  • Excellent: 781–850,
  • Good:  661-780,
  • Fair: 601-660,
    Unfavorable: 501-600,
  • Bad Below: 500.

No, we use a variety of factors within our lending criteria for making loan decisions, but Credit Score from SavvyMoney is provided for your reference only, we do not keep records of each customer’s SavvyMoney Credit Score.



No, your SavvyMoney Credit Score is a free service to help you understand your credit health, how you make improvements in your score and ways you can save money on your loans with Equity Bank.

Savvy Money 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.

SavvyMoney Credit Score 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 can qualify for the lowest possible interest rate.


It’s important to keep watch of your credit score to ensure that your data and your bills are accurate, and that you don’t see any unforeseen instances that could cause a drop in your credit score. Keeping tabs on your credit score is an easy way to stay on guard for identity theft and fraud, and you can keep track as you login to Equity Bank Online!

The SavvyMoney Credit Score makes its best effort to show you the most relevant information from your credit report. If you think that some of the information is wrong or inaccurate, we encourage you to take advantage of obtaining free credit reports from, and then pursuing 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 SavvyMoney Credit Report.


The Federal Trade Commission website offers step-by-step instructions on how to contact the bureaus and correct errors.

Based on your SavvyMoney Credit Score information, you may receive Equity Bank offers on products that may be of interest to you. In most cases, these offers may have lower interest rates than the products you already have. The educational articles, written by Jean Chatzky and the SavvyMoney team, are designed to provide helpful tips on how you can manage credit and debt wisely.

Yes. SavvyMoney will monitor and send you email alerts when there’s been a change to your credit profile.

If you access SavvyMoney program through your online banking, you have to do nothing! Your email address will get updated automatically in SavvyMoney when you update it in online banking. However we always encourage you to inform your financial institution of any contact information updates.


Yes, SavvyMoney Credit Score is available in the Equity Bank mobile app!