What does CINC HEALTHCARE ASSC F mean on my credit report?

Is CINC HEALTHCARE ASSC F making an impact on your credit score?

Updated January 1, 2023

What is CINC HEALTHCARE ASSC F?

CINC HEALTHCARE ASSC F is shorthand for Cincinnati HealthCare Associates Federal Credit Union, with the company name being Cincinnati HealthCare Associates Federal Credit Union Inc

CINC HEALTHCARE ASSC F 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 Cincinnati HealthCare Associates 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 high credit balance is $1800.

  • ⚫ The typical loan duration is 24 months.

The account is classified under the following METRO2 categories:

  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for Cincinnati HealthCare Associates Federal Credit Union:

Address:

  • 2139 Auburn Avenue, Cincinnati, OH 45219

Website:

Email:

Phone:

Payments

Cincinnati HealthCare Associates Federal Credit Union offers many options for making payments, including online, by phone, and through a mobile app. There are penalties for late or missed payments, as outlined in their privacy policy.

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? Yes

Forgiveness and Cancellation

There are three main types of federal student loans: Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. Loan consolidation is a process where you take out a new loan to pay off multiple existing loans. By consolidating your loans, you’ll have a single monthly payment, but it may take longer to pay off your debt. Loan forgiveness happens when you’re no longer required to make payments on your loan because you’ve met certain conditions, such as working in a public service job or teaching full-time for five consecutive years. You may be able to qualify for loan forgiveness if you’re employed by a government or not-for-profit organization, if you’re a full-time teacher, or if you’re employed in certain public service jobs.

Question Answer
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 can also apply for a loan using a mobile app. If you want to apply for a loan with a cosigner, you’ll need to apply in person.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
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.

CINC HEALTHCARE ASSC F 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 CINC HEALTHCARE ASSC F 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.