What does ANDIGO CREDIT UNION mean on my credit report?

Is ANDIGO CREDIT UNION making an impact on your credit score?

Updated January 1, 2023
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What is ANDIGO CREDIT UNION?

ANDIGO CREDIT UNION is shorthand for Consumers Credit Union, with the company name being Consumers Credit Union

Both of these two features are used metonymically in English parlance because “swapping” has lost its literal sense while “crossing” still keeps some of its original meanings.

ANDIGO CREDIT UNION 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 Consumers Credit Union.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

  • ⚫ The average account balance is $5300.

  • ⚫ The average high credit balance is $18700.

  • ⚫ The average monthly repayment is $400.

The account is classified under the following METRO2 categories:

  • ⚫ Auto Loan

How do I contact them?

Here is the current contact details for Consumers Credit Union:

Address:

  • 1075 Tri-State Pkwy Suite #850 Gurnee, IL. 60031-181

Website:

Email:

Phone:

Payments

Consumers Credit Union offers members the ability to make payments online through their personal or business online banking. Mobile Check Deposit is available and there are limits for mobile check deposits.Prepaid debit cards are accepted.There are no penalties for late or missed payments.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? No
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? No

Forgiveness and Cancellation

Consumers Credit Union does not offer loan forgiveness nor consolidation. It is not clear how to qualify for loan forgiveness.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

you cannot apply for a loan online. You will need to contact the credit union directly to apply for a loan. You can apply for a personal loan or credit card by visiting the Consumers Credit Union website or by visiting a branch. Mobile apps cannot be used to apply for a loan at Consumers Credit Union. you can apply for a loan with a cosigner at Consumers Credit Union.

Question Answer
Can I apply for a loan online? No
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? No
Can I apply for a loan using a mobile app? No
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.

ANDIGO CREDIT UNION 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 ANDIGO CREDIT UNION 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.