What does ONPATH FCU/ASI FCU mean on my credit report?
Learn about ONPATH FCU/ASI FCU, an federal credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is ONPATH FCU/ASI FCU?
ONPATH FCU/ASI FCU is shorthand for OnPath Federal Credit Union , with the company name being OnPath Federal Credit Union Inc
The current line-up for this album is completed by Massy, Klayton has written or co-written all of the songs on the album except “The Great Western Railway”.
ONPATH FCU/ASI FCU is a Federal 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 OnPath Federal 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:
- ⚫ Credit Card
- ⚫ Auto Loan
- ⚫ Unsecured
How do I contact them?
Here is the current contact details for OnPath Federal Credit Union :
Address:
- 5508 Citrus Blvd, New Orleans, LA 70123, United State
Website:
Email:
Phone:
Payments
Payments can be made online, by phone, with a check, or with a debit or credit card. There is also a monthly payment plan. Customers can request a payment refund by contacting customer service. Payments made using a mobile app, prepaid debit card, or wire transfer are also an option.
| 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
There are three main types of student loans in the US: federal Stafford loans, federal Perkins loans, and federal PLUS loans. Federal Stafford loans come in two forms: subsidized and unsubsidized. Federal Perkins loans are only available to students with exceptional financial need, while PLUS loans are available to graduate and professional students, as well as the parents of dependent undergraduate students. All three types of loans can be consolidated into a single Direct Consolidation Loan.Loan forgiveness is available for certain types of loans under certain circumstances. For example, federal Perkins loans are forgiven after five years of full-time employment in a public service or nonprofit organization. Loan consolidation can make repayment more manageable by consolidating multiple loans into a single monthly payment, but it generally extends the repayment period and increases the total amount of interest paid.To qualify for loan forgiveness, borrowers typically need to make 120 monthly payments while employed full-time in a public service or nonprofit organization. Borrowers with federal Direct Consolidation Loans may be eligible for the Public Service Loan Forgiveness program.
| 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, in person, or 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 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 Federal 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 federal 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. The difference between a credit union and a federal is the fact that federal credit unions are federally insured.
How do I remove ONPATH FCU/ASI FCU 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.