What does AMER 1STCU mean on my credit report?
Is AMER 1STCU making an impact on your credit score?
What is AMER 1STCU?
AMER 1STCU is shorthand for
America First Credit Union, with the company name being
America First Credit Union.
When logging on, your UserID is your acccountnumber;you can create a custom UserID anytime.We will also request that you verify your personal information to ensure we have the most current contact numbers.To check billing status, see next bill, or manage your budget, it’s necessary to provide both a mobile phone number and an email address.
AMER 1STCU is a
Credit Union provider. They could be on your report for a number of reasons, for example:
⚫ You missed a repayment.
⚫ You opened an account with America First Credit Union.
⚫ You opened a credit card / loan / mortgage with this company.
⚫ Someone fraudulently opened a credit line under your name.
How do I contact them?
Here is the current contact details for America First Credit Union:
- America First Credit Union
PO Box 9199
Ogden, Utah 84409
Payments can be made in a few different ways: by visiting an America First branch, using Online Banking, using one of their ATMs, or over the phone. Other payment options include using a check or money order. There are no penalties for late or missed payments. You can also make payments using a prepaid debit card or a wire transfer.
|Do they offer a monthly payment plan?||No|
|Can I make payments over the phone?||Yes|
|Can I make payments online?||Yes|
|Do they offer a discount for automatic payments?||No|
|Can I make a payment using a mobile app?||Yes|
|Can I make a payment using a prepaid debit card?||Yes|
|Can I make a payment using a wire transfer?||Yes|
Forgiveness and Cancellation
There are three main options for dealing with federal student loans: loan consolidation, loan forgiveness, and loan repayment. Loan consolidation entails taking out a new loan to pay off multiple existing loans. Loan forgiveness cancels all or part of a borrower’s loan balance under specific circumstances, such as working in public service or for a nonprofit organization. Loan repayment is the process of making scheduled payments on a loan over time.
|Do they offer loan forgiveness?||No|
|Do they offer loan consolidation?||No|
How to Apply
you can apply for a loan online, over the phone, or in person. You may also be able to apply for a loan using a mobile app. In some cases, you may need a cosigner.
|Can I apply for a loan online?||Yes|
|Can I apply for a loan in person?||No|
|Can I apply for a loan using a mobile app?||Yes|
|Can I apply for a loan with a cosigner?||Yes|
IdentityIQ Report Example
- This is an example of what this creditor will look like on your IdentityIQ report.
Will this affect my credit score?
Whether this account affects your credit score depends on a variety of factors, such as:
- Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
- Derogatory Markings: If this account has any derogatory markings such as:
Lates, Charge Offs, Collections and others.
However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:
- Account Age: If your account is quite old, then the age of it will positively impact your credit score
- Repayment History: If the account has no
Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.
Can it be removed from my credit report?
Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.
However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.
What is a Credit Union
A credit union is similar to a bank, however it is owned collectively by the members and does not operate on a for-profit basis. Many credit unions are able to provision credit and issue credit cards, which may report on your credit report. Due to the none-profit nature of credit unions they are generally more trusted by the public, as they are less likely to act in a malicious fashion. However, credit unions can still make mistakes with reporting on your credit report therefore being aware of what is being reported, and take action against any unfair reporting.
How do I remove AMER 1STCU from my credit report?
You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.