Member Alert: Microsoft has announced the end of their support of Internet Explorer as of August 17, 2021. As a result, we encourage all members to begin using Microsoft Edge or Google Chrome.


Improve Your Credit Score

Home > Benefits > Improve Your Credit Score

Get To Know Your Credit Score

Your credit score can have a major impact on your life. Not only do creditors typically check your score when deciding whether or not to approve your loan application and what interest rate to charge you if you are approved, but landlords, insurance companies, and even employers often check it as well. Having a good score can help you achieve your goals quickly and at the lowest possible cost.

New credit inquiry - 5 points
New trade line - 10 points
Medical/utility collection item - 30 to 60 points
30 day late payment - 60 points
Bring 30 day late payment + 40 points
Pay off a maxed out credit card + 50 points (maximum) in 60 days
Close trade line - 50 points
Dispute item on credit report - 20 points (maximum)
Repossession/charge off account - 150 points (maximum)
Judgement listing - 60 points

c2cfcu strongly encourages all members to review their credit report annually. Visit and get a free copy of your credit report every 12 months from each credit reporting company.