Pay your bills on time All of them, every time, period. Keep your credit utilization rate low “Weigh account balances relative to credit limit to ensure usage is at or below @ 10%,” stated John Ulzheimer, credit expert, formerly of FICO and Equifax. If higher than 10%, it is an indication of possible added risk....
Remember “The Golden Rule to Credit”…the higher the better when it comes to a credit score. Consumers have four primary advantages with a higher credit score: Reduces the pain of interest rate hikes, Borrowers qualify for a lower interest rates, Saves money on your monthly loan payments , A higher score will also more likely...
Wednesday, April 12, 2023 – Circa ’21 Dinner Playhouse – Rock Island, IL Fasten your seat belt, it’s going to be a grumpy ride! Based on the classic 1993 Warner Brothers film starring Jack Lemmon, Walter Matthau and Ann-Margret, this hilarious new show has two aging neighbors, Max and John, feuding for more than fifty...
What is Credit and a Credit Score? Credit is the ability to borrow money or access goods or services with the understanding consumers will repay the borrowing with interest later. It is based on weighted factors and shown as a number typically between 300 and 850, called a credit score, A credit score tells lenders a...
DuTrac has once again partnered with local radio stations to present recordings of holiday concerts held at area schools. We’re excited to have our local schools showcase their talented students this holiday season. Tune in and listen on Dubuque station KAT FM 92.9 and Dyersville station KDST 99.3 starting December 1. Click here to...
Read the latest news from DuTrac Community Credit Union: Fall 2022 Update.
Just as your lifestyle and goals differ from others, everyone has one need in common – a financial plan. Join DuTrac Financial Group on Thursday, October 13, at 6 p.m. at the DuTrac Community Credit Union Asbury Office, 3465 Asbury Road, for a no-cost seminar on how Social Security benefits can influence your financial future....
This simple scam is one with which most credit unions are familiar. In this one, scammers inform a member that they have won a lottery or sweepstakes. However, they must make a payment to cover the taxes before they can collect the winnings. To lend credibility to the scam, people will often be sent a...
According to caring.com, most individuals believe estate planning is essential, but only 33% of individuals have a plan in place. Regardless of the reason, estate planning is a topic everyone should give consideration to as it is about far more than the value of your assets. First Community Trust (FCT), a trusted partner of DuTrac...
Congratulations to the 25 winners of the DuTrac Community Credit Union Back-to-School Mini-Grants! DuTrac annually provides funds to help local teachers purchase classroom supplies to spur learning in their students. Each recipient was nominated and will receive a $150 grant. In all, DuTrac donated $3,750 to the teachers. Alison Brennan-West, Eisenhower Elementary Angela Budde, Carver...
