What does APLUSFCU mean on my credit report?
Learn about APLUSFCU, an federal credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is APLUSFCU?
APLUSFCU is shorthand for A+ Federal Credit Union, with the company name being A+ Federal Credit Union
By providing its members with the knowledge, resources and products to reach long-term goals as well as meeting their daily needs, our Credit Union becomes stronger. Allow us to earn your trust by becoming your financial adviser at every turn.
APLUSFCU is a Federal 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 A+ Federal 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 $3900.
-
⚫ The average high credit balance is $18200.
-
⚫ The average credit limit is $400.
-
⚫ The average monthly repayment is $200.
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for A+ Federal Credit Union:
Address:
- 6420 E US 290 SVRD, Austin, TX 78723, United States
Website:
Email:
Phone:
Payments
A+ Federal Credit Union offers many payment options, including online banking and bill pay, mobile banking, debit and credit cards, personal loans, and wire transfer. Some services incur fees, but there is no fee for Bill Pay. There may be penalties for late or missed payments.
| Question | Answer |
|---|---|
| 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 |
How to Apply
It is possible to apply for a loan online, over the phone, or in person. Many banks and financial institutions have mobile apps that allow for easy loan applications. A cosigner may be used when applying for a loan.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | Yes |
| Can I apply for a loan over a phone call? | Yes |
| Can I apply for a loan in person? | Yes |
| 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 Federal 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 federal 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. The difference between a credit union and a federal is the fact that federal credit unions are federally insured.
How do I remove APLUSFCU 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.
