What does HRTG STH CCU mean on my credit report?

Learn about HRTG STH CCU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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What is HRTG STH CCU?

HRTG STH CCU is shorthand for Heritage South Community Credit Union, with the company name being Heritage South Community Credit Union Inc

We have many stories about how we’ve done that for others and hope you will be able to add to these stories as you experience the heritage south difference! Our membership is open to everyone living, working, worshipping, or attending school in bedford, marshall, or rutherford counties. Rather than being a non-for profit financial co-operative, we are owned by our members.

HRTG STH CCU 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 Heritage South Community 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 account is classified under the following METRO2 categories:

  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for Heritage South Community Credit Union:

Address:

  • P.O. Box 81 Smyrna, TN 37167

Website:

Email:

Phone:

Payments

You can make a payment by entering your payment information into the provided form on the website, over the phone, or using a mobile app. Additionally, you can make payments online, using a prepaid debit card, or through a wire transfer. If you set up automatic payments, you can save 5% on your monthly bill. There are penalties for late or missed payments, which usually include extra fees, increased interest rates, and reporting of the missed payment to credit bureaus.

Question Answer
Do they offer a monthly payment plan? Yes
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? Yes
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

Loan forgiveness and consolidation are two options that may be available to you if you are struggling to repay your student loans. Loan forgiveness means that your remaining loan balance may be forgiven if you meet certain conditions, while loan consolidation allows you to combine your multiple student loans into a single loan with a single monthly payment. To qualify for loan forgiveness, you typically need to work in a public service or nonprofit job for a certain number of years. You may also be able to qualify for loan consolidation if you have multiple student loans.

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

How to Apply

There are several ways to apply for a loan, including online, over the phone, or in person. You may also be able to apply for a loan using a mobile app. In some cases, you may need a cosigner in order to be approved for a loan.

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.

HRTG STH CCU 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 HRTG STH 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.