What does NORTHCOASTCU mean on my credit report?

Learn about NORTHCOASTCU, 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 NORTHCOASTCU?

NORTHCOASTCU is shorthand for North Coast Credit Union, with the company name being North Coast Credit Union Inc

NORTHCOASTCU 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 North Coast 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 average account balance is $1700.

  • ⚫ The average high credit balance is $3600.

  • ⚫ The typical loan duration is 50 months.

The account is classified under the following METRO2 categories:

  • ⚫ Unsecured
  • ⚫ Collection Agency/Attorney

How do I contact them?

Here is the current contact details for North Coast Credit Union:

Address:

  • 12543 Christianson Road Anacortes, WA 98221

Website:

Email:

Phone:

Payments

You can make a payment from outside account using Online, Mobile, and Phone Banking. You can also deposit checks with Mobile Deposit, pay bills with Bill Pay & P2P, transfer funds quickly, and click to pay with Visa Click to Pay. There are other payment options, such as using a Mobile Wallet, Bill Pay, P2P, Virtual Branch Registration, Click To Pay, and making a payment from an Outside Account. You can make a payment using a mobile app by downloading a mobile wallet app such as Samsung, Google Pay, or Apple Pay, adding your debit and/or credit card information, and paying securely with your mobile wallet. You can make a payment using a wire transfer. You can also access your accounts, make deposits, make transfers, pay bills, send money, deposit checks with Mobile Deposit, and use Mobile Wallet with Samsung, Google Pay, or Apple Pay. Other services include eStatements, eAlerts, Bill Pay and P2P, and VISA Click to Pay.

Question Answer
Do they offer a monthly payment plan? No
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

they do not offer loan forgiveness or consolidation. Loan forgiveness is available for certain types of federal student loans, but borrowers must meet specific criteria, such as having an eligible repayment plan and making qualifying payments over the course of at least 20-25 years. They must also meet other requirements, such as having an eligible employer or being enrolled in a qualifying repayment plan.

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

How to Apply

To apply for a loan with North Coast Credit Union, you can sign up for their online banking which will give you access to make deposits, transfers, pay bills, send money, and access your accounts from your PC, Smart Phone, or Tablet. You can also apply for a loan using a mobile app. North Coast Credit Union offers mobile services such as Deposit Checks with Mobile Deposit, Tap & Pay with Mobile Wallet, Bill Pay and Person-to-Person (P2P) payments, Click to Pay, and Virtual Branch Registration Guide. You can also 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? 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.

NORTHCOASTCU 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 NORTHCOASTCU 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.