What does NORTH EAST TEXAS CU mean on my credit report?
Learn about NORTH EAST TEXAS CU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is NORTH EAST TEXAS CU?
NORTH EAST TEXAS CU is shorthand for North East Texas Credit Union, with the company name being North East Texas Credit Union Inc
You sometimes need access to your money outside of ordinary working hours! ATMs enable 24-hour access to cash if needed, and all owned NETCU ATMs will also allow you to make a wire transfer cash or checks.
NORTH EAST TEXAS 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 North East Texas 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 high credit balance is $4600.
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⚫ The typical loan duration is 24 months.
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⚫ The average monthly repayment is $100.
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
- ⚫ Secured
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for North East Texas Credit Union:
Address:
- PO Box 1480 Lone Star, TX 75668
Website:
Email:
Phone:
Payments
Different payment providers may offer different options, so it’s important to check with the provider to determine the best way to make a payment. The company offers a monthly payment plan. Customers can choose from a variety of payment plans that fit their budget and needs. They also have the option of signing up for automatic payments so that their bills are paid on time each month. a payment refund can generally be requested from the company or individual from whom you purchased the item or service. Depending on the circumstances, refunds may be requested either in person, via telephone, or online. Additionally, you may need to provide proof of purchase as well as any additional relevant documentation in order to receive a refund. Many companies offer the option to make payments over the phone, either through a customer service representative or an automated system. Customers can provide their payment information securely and quickly, making it a convenient way to make payments. you can make payments using a prepaid debit card. Prepaid debit cards are a type of payment card that can be used at merchants who accept debit cards. The cards are loaded with funds by the cardholder and can be used as a form of payment in the same way as a standard debit card. Wire transfers are electronic transfers of funds, which allow you to transfer money from one bank account to another. The process is fast and secure, and can be done online or in person at the bank.
| 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? | 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
Citizens Bank offers loan consolidation services to its customers. Through this service, customers can consolidate multiple loans into one loan with one monthly payment. This can help customers manage their monthly payments and reduce their overall debt. Loan forgiveness is generally available for those who qualify based on their job, income, family size and other factors. To qualify, borrowers typically must be employed in public service, have made 120 payments on their federal student loans, and have made those payments under a qualifying repayment plan. Additionally, the borrower’s loan must not be in default.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
You can apply for a loan online, over the phone, or in person. Many lenders offer mobile apps for submitting loan applications. You may be able to secure a loan with the help of 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? | 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.
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 NORTH EAST TEXAS 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.
