What does ID CENTRL CU mean on my credit report?
Learn about ID CENTRL CU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is ID CENTRL CU?
ID CENTRL CU is shorthand for Idaho Central Credit Union, with the company name being Idaho Central Credit Union Inc
The Core Mission of Idaho Central Credit Union “is helping members achieve financial success”, this is the very center of everything that we do daily at Idaho Central Credit Union. We have branches all over the Treasure Valley, Magic Valley, East-Idaho and Northern Idaho. Do not have time to visit one of our branches?
ID CENTRL CU 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 Idaho Central 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
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⚫ The average account balance is $300.
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⚫ The average high credit balance is $2000.
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⚫ The typical loan duration is 16 months.
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⚫ The average credit limit is $300.
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⚫ The average monthly repayment is $100.
The account is classified under the following METRO2 categories:
- ⚫ Credit Card
- ⚫ Auto Loan
- ⚫ Unsecured
How do I contact them?
Here is the current contact details for Idaho Central Credit Union:
Address:
- 4400 Central Way
Chubbuck, ID 83202
Website:
Email:
Phone:
Payments
Idaho Central Credit Union offers various payment options including online payments, wire transfers, and prepaid debit cards. 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? | Yes |
| Can I make a payment using a wire transfer? | Yes |
Forgiveness and Cancellation
Idaho Central Credit Union does not offer loan forgiveness or consolidation. However, loan forgiveness may be available for borrowers who have made their payments for a certain period of time, have paid a certain amount, or meet other requirements.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
Idaho Central Credit Union offers online loan applications and secure online access for managing accounts. You cannot apply for a loan in person or over the phone, but you can apply for a loan with a cosigner.
| 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? | No |
| 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 ID CENTRL CU 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.
