What does NORTHEAST CU mean on my credit report?
Learn about NORTHEAST CU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is NORTHEAST CU?
NORTHEAST CU is shorthand for Northeast Credit Union, with the company name being Northeast Credit Union Inc
Bigger Hearts-make Better Communities. This is why we tell love stories of kindness, because each little experience, large or small, inspires everyone. The Love Your Community project is a kindness movement dedicated to promoting and practicing random acts of goodness in our daily lives.
NORTHEAST CU 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 Northeast 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 $300.
-
⚫ The average high credit balance is $22700.
-
⚫ The typical loan duration is 58 months.
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Northeast Credit Union:
Address:
- PO Box 1240 Portsmouth, NH 03802-1240
Website:
Phone:
Payments
you can make a payment by selecting a payment method such as a credit or debit card, PayPal, or Apple Pay. You can also make a payment through an online banking transfer or by sending a check.Many websites and apps offer the ability to pay online using a credit or debit card, or other types of payment methods such as PayPal or Apple Pay. Payments can be made quickly and securely, and provide a convenient and user-friendly way to make payments.Customers can pay for their orders using a check or money order. They can mail it to the company’s address and include their order number in the memo field.you can make payments using a mobile app. Mobile apps allow users to easily make secure payments with their phones or tablets. The apps can also store payment information for easy checkout and recurring payments.there are penalties for late or missed payments. Depending on the agreement between the creditor and the debtor, late payments may incur an additional fee or interest rate, or missed payments may result in a negative impact on the debtor’s credit score.you can make payments using a prepaid debit card. Many retailers and online stores accept debit cards as a form of payment. Prepaid debit cards are convenient, secure and allow you to manage your spending in a responsible way.you can make a payment using a wire transfer. Wire transfers are a type of electronic fund transfer that allows for the quick and secure transfer of funds between two financial institutions. It is a popular payment method for large sums of money.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | 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 offer both loan forgiveness and consolidation. You can qualify for loan forgiveness by working for a qualifying employer or organization, or by making payments under an income-driven repayment plan.
| 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. You may also be able to apply for a loan using a mobile app. You may be able to 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? | 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 NORTHEAST 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.
