Professors provide one-on-one mentoring outside the classroom at Southern Wesleyan University

The faith-filled community at SWU is comprised of students, faculty and staff who are passionate about learning and growing, both inside and outside of the classroom.

Warriors at heart. Your campus experience may only last a few years, but your connection to Southern Wesleyan can last a lifetime. Stay connected to SWU through events, publications, and social media.

Fine Arts Events at SWU

Whether you come for a campus visit, fine arts program, or athletic event, SWU seeks to provide educational and cultural opportunities not just to our campus community but to the greater community around us.

Credit Score

What is a credit score and how does it affect me?

Your credit score is a number that represents the risk a lender takes when you borrow money. The most widely used credit score is a FICO score, which is a well-known measure created by the Fair Isaac Corporation, and used by credit agencies to indicate a borrower's risk. When a consumer applies for credit – whether for a credit card, an auto loan, or a mortgage – lenders want to know what risk they'd take by loaning money.

Credit score range chart

Components of a credit score (how the FICO score is calculated)

Credit score factors

Find out your credit score FREE

You may access a FREE credit report in detail once a year through Annual Credit Report.com. A detailed credit report will show month by month payment status, every lender you’ve borrowed from, and their contact information. Get your free report that will include the major agencies, Equifax and TransUnion at www.annualcreditreport.com

Did you know that when you apply for credit your score is affected by a “hard inquiry” that can lower your score a few points each time? Want to monitor your credit a little closer? You can check your credit score, at any time, without affecting your score using Credit Karma. Using Credit Karma will also allow you to receive alerts when an account is opened in your name….and the best part is it’s FREE. You can access it online or download the app on any smart device. Try it at www.creditkarma.com

How to establish credit

  • Use secured credit cards. A secured credit card is just like a regular credit or unsecured credit card, you are required to put down a security deposit to provide assurance to the creditor that you will repay your debt. Your credit limit is often the amount of your security deposit.
  • Use store credit cards. Make sure you are aware of the interest rate and try to pay off the balance each month.
  • Use gasoline credit cards.
  • Place utilities in your name.

How to maintain a good credit score

  • Pay your bills on time.
  • Keep your credit card balance(s) low or at zero.
  • Manage your debt.
  • Check your report regularly. Report any suspicious activity immediately.
  • Only apply for credit when you need it. If you close a credit card account, your credit score will decrease. Likewise, if you have too many open accounts, lenders view it as potential debt and may not grant you a loan.
  • Contact your lender if you fall behind on your payments.