Young Adults – Watch Out for the Onslaught of Credit Card Offers

Young Adults – Watch Out for the Onslaught of Credit Card Offers

Used responsibly, credit cards can be helpful in an emergency and for establishing a sound credit history.

Paying debts on time, including credit card bills, contributes to building good credit. If a card holder does not honor their payment agreement, your credit rating can be damaged and you may not be able to get credit again when you need it.

A poor credit history may affect an individual’s ability to rent an apartment, get a job, obtain car insurance or buy a car or house. People with poor credit usually pay higher interest rates for loans and the negative information stays on your credit record even if the bill is later paid in full.

Before making a purchase with a credit card, ask yourself the following questions:

  • Do I really need this item now?
  • Do I have enough in my budget this month to pay off the entire purchase?
  • If I use a credit card, what additional fees or interest will I pay if I do not pay off the entire balance?
  • What might I have to give up in order to buy this?

All DuTrac branches will be closed on Monday, January 15, in observance of Martin Luther King Jr. day.

All DuTrac branches will be closed on Monday, February 19, for Presidents' Day.

All DuTrac branches will be closed on Monday, May 27, for Memorial Day.

Maintenance to DuTrac.org will take place on February 28th from 10pm-1am. During this time, access to e-Banking, the DuTrac Mobile App, and Accessline will be unavailable.

All DuTrac branches will be closed on Monday, December 25, for Christmas Day.

All DuTrac branches will be closed on Monday, January 1, for New Year's Day.

Due to inclement weather, all DuTrac branches will close at 1:00 PM today, January 9. Online banking, AccessLine, ATMs and our app are available 24/7 for your convenience.