What does DELTA CCU mean on my credit report?
Learn about DELTA CCU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is DELTA CCU?
DELTA CCU is shorthand for Delta Community Credit Union, with the company name being Delta Community Credit Union Inc
We want to be Metro Atlanta’s preferred place to bank, well known for providing our members with honest value, excellent service, and trustworthy advice. It was decided to operate as a non-profit cooperative, and helping out our communities prosper was very important to them.
DELTA CCU is a Credit Union provider. They could be on your report for a number of reasons, for example:
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⚫ You missed a repayment.
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⚫ You opened an account with Delta Community Credit Union.
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⚫ You opened a credit card / loan / mortgage with this company.
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⚫ Someone fraudulently opened a credit line under your name.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Unsecured
- ⚫ Collection Agency/Attorney
- ⚫ Credit Card
- ⚫ Auto Loan
- ⚫ Secured
- ⚫ Real estate
How do I contact them?
Here is the current contact details for Delta Community Credit Union:
Address:
- 80 Peachtree Place Atlanta, GA 30309
Website:
Email:
Phone:
Payments
Delta Community’s Quick Balance feature allows users to quickly view their account balances and recent transactions without having to login. The feature is available for both iOS Apple and Android devices. Account log-in is required to proceed with transactions on the account, and the feature can be deactivated if you no longer wish to have it. 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? | No |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
Delta Community Credit Union does not offer loan forgiveness or consolidation. Those whose income and/or employment status has been adversely affected because of an involuntary furlough, job change or layoff, or participation in a voluntary leave of absence, severance or early retirement program are eligible for the Member Assistance Program, which applies to all consumer loans except Overdraft Protection Loans, Savings Secured Loans and Stock Loans. Interest will continue to accrue on all loans and it will be posted to your loans with each scheduled payment. The individual is responsible for notifying Delta Community if their employment status has changed.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
It is possible to apply for a loan online, over the phone, or in person. Some companies also allow for applications through mobile apps. Applying for a loan with a cosigner is also an option at some lending institutions.
| 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? | Yes |
| 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.
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 DELTA CCU 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.
