What does FAMILYFIRSTCU FKA FTCU mean on my credit report?
Learn about FAMILYFIRSTCU FKA FTCU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is FAMILYFIRSTCU FKA FTCU?
FAMILYFIRSTCU FKA FTCU is shorthand for Family First Credit Union, with the company name being Family First Credit Union Inc
FAMILYFIRSTCU FKA FTCU 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 Family First 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:
- ⚫ Auto
- ⚫ Unsecured
How do I contact them?
Here is the current contact details for Family First Credit Union:
Address:
- 3604 Atlanta Ave Hapeville, GA 30354
Website:
Email:
Phone:
Payments
yes, you can make a payment online or by phone. You can also make a payment in person at certain locations depending on the provider. Family First Credit Union does not offer a monthly payment plan. You should contact your bank or credit card company for more information about getting a payment refund. Payments cannot be made over the phone. Family First Credit Union offers online banking, allowing members to make payments online. Family First Credit Union does not offer a discount for automatic payments. Family First Credit Union offers payment options such as check and money order. Family First Credit Union does not offer payments through a mobile app. Family First Credit Union does not have any penalties for late or missed payments. Family First Credit Union allows members to make payments using a prepaid debit card. Family First Credit Union offers payment through wire transfer.
| 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? | No |
| 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 primary types of student loans in the United States: federal student loans, private student loans, and parent PLUS loans. Federal student loans offer benefits that private student loans do not, such as income-driven repayment plans and loan forgiveness programs. To qualify for loan forgiveness, you must make payments for a certain period of time (usually 10 years) under an eligible repayment plan. Parent PLUS loans are not eligible for loan forgiveness.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
All of the above.
| 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 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 FAMILYFIRSTCU FKA FTCU 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.