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. Those consumers having the highest average FICO scores have a utilization of 7%.FICO’s scoring systems don’t differentiate between those who pay revolving credit sources, e.g. credit cards, in full each month and those who carry a balance. A utilization rate at the time a lender...
News and Events
Making a Budget
Making a budget is the most important step in controlling your money. A budget allows you to track your Income...
DuTrac names Mini-Grant winners
Congratulations to the 25 winners of the DuTrac Community Credit Union Back-to-School Mini-Grants! DuTrac annually provides funds to help local...
2022 DuTrac Annual Meeting October 10
DuTrac Community Credit Union invites its members to participate, from the comfort of their homes, in its 2022 Virtual Annual...
Five Steps to Credit Repair
The first step is to understand how credit works and begin making a plan. Lock away your credit cards. Now,...
Get in the holiday spirit with a Christmas double feature
**This event has been cancelled** Grab your friends and join DuTrac Community Credit Union for this upcoming event. Christmas Double...
DuTrac Holliday Office to temporarily extend hours
For members’ convenience, DuTrac’s Holliday Drive Office, located at 2045 Holliday Drive in Dubuque, will temporarily extend its hours during...