Tips for Understanding and Improving Your Credit Score

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Understanding behaviors that impact credit score is important

According to a  2018 Credit Health survey by Discover, 85 percent of U.S. consumers are aware of their credit standing, a statistic that increased 12 percentage points over the previous year. Consumers across the U.S. seem to grasp the importance of the credit score – but may fall short of understanding the specific behaviors that affect it.

A study from U.S. News & World Report on Americans’ understanding of credit scores suggests that although 60 percent of consumers know they should check their credit report at least once a year, many are not clear about the actions that impact their score.

The survey showed only a third of consumers know using more than 30 percent of a credit card’s credit line could hurt their credit score; just 26 percent of Americans know that closing an old account could be a problem for their credit; and more than 20  percent of consumers believe checking their credit can hurt their score. Further, nearly half of consumers understand bad credit could deny them new credit or subject them to a higher interest rate, but many do not realize credit can affect their ability to access other financial products.


Tips for improving your credit score

  • Obtain copies of your credit report. You can find your report on Be sure to review thoroughly for accuracy. Under federal law, consumers can obtain a free report from each of the three national credit reporting companies every 12 months.
  • Pay bills on time. When it comes to improving your credit score, paying all your bills on time is crucial.
  • Keep credit utilization under 30 percent. Actively using credit cards is a great way to keep your credit score healthy, but make sure you’re not using more than 30 percent of your available credit at any given time.
  • Always pay your credit card balance in full each month. You don’t have to carry a balance and incur interest charges to build good credit.
  • Leave old debts on your report. Once you finally pay off a debt, you might want to eliminate it from your report, but as long as your payments were timely and complete, those debt records can help your score.
  • Start using credit early. Don’t wait to start using credit. Even if you open a card and then charge and payoff a small amount each month, you’ll be building a solid credit foundation.
  • Diversify your credit. Research alternative credit options such as financing a car or consolidating credit card debt with a loan. Paying off different types of credit can improve your score.


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Float Member Service Representatives may have days scheduled at any location (Defiance, Bryan, Napoleon). Computer literacy is required and cash handling or banking experience is preferred.

Starting pay is $17.44 an hour
$19.62 an hour after 180 days of service
$21.79 an hour after 1 year of service

Please see the job overview for a list of duties. Resumes may be submitted to Sondra Manon at

All are welcome. Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Investment Representative

The primary purpose of this position is to assist Midwest Community Federal Credit Union by delivering outstanding service to both internal and external members. A key element of excellent service is to identify the financial needs of each member and recommend an appropriate credit union solution. In addition, receives members in person and by telephone. Helps Member Investors reach financial goals utilizing our consultative sales process. In addition, responsible for ensuring that outstanding service is delivered to both internal and external members. A key component of this service is to provide proactive guidance on investment solutions via a needs-based consultative selling approach to both current and prospective Members who have placed an inbound call or referral to the Investment Representative.

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Midwest Community Federal Credit Union is an Equal Opportunity Employer.

Member Service Representative

Midwest Community Federal Credit Union is looking for a Member Service Representative to process transactions, accurately perform end of day balancing procedures, follow company policies and utilize the core data processing system and various software applications, including electronic banking services. We are seeking candidates who are punctual, honest, friendly, and have outstanding communication skills. Please see the job description for a full list of duties. Resumes may be submitted to Sondra Manon at

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