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If you have an active account or loan in a credit union that is in good standing it could help. But it depends on the types of accounts you have there. The best way to show you have good credit is to be in good standing with any accounts you have and pay your debts before they become delinquent.

By the way, having accounts that you do not use (like credit cards) is not good. So don't open an account and not use it, and don't get credit cards and not use them. Always pay more than your minimum payment for everything.

Once your credit is not looking good anymore, it just takes time to get back on track and have "good" credit. It takes years. Usually more than five years, unless you are very good at saving money all of a sudden and make large payments regularly. It's a lot more complicated than that really, but that's the simple answer.

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Q: Will credit score improve if join a credit union?
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