What does PREMIERFCU mean on my credit report?
Learn about PREMIERFCU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is PREMIERFCU?
PREMIERFCU is shorthand for Charlotte Metro Credit Union, with the company name being Charlotte Metro Credit Union Inc
Our Rootsa Quick History-Charlotte Metro is based in the Carolinas. In 1962, Charlotte’s first Traffic Engineer, Herman J. Hoose, founded Charlotte Metro as name of Charlotte City Employees’ Credit Union. Can you imagine whom else joined? Charlotte City Employees’. In the 1970s, Charlotte City Employees’ CU increased its assets almost sixfold to just over USD 6 million.
PREMIERFCU 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 Charlotte Metro 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
The account is classified under the following METRO2 categories:
- ⚫ Unsecured
- ⚫ Credit Card
- ⚫ Auto Loan
- ⚫ Secured
How do I contact them?
Here is the current contact details for Charlotte Metro Credit Union:
Address:
- 9692 HAVEN AVE., RANCHO CUCAMONGA, CALIFORNIA 91730
Website:
Phone:
Payments
There are many ways to make a payment, including online, in person, and over the phone. You can use a variety of methods to make an online payment, such as credit cards, PayPal, or other payment services. For in-person payments, customers may use cash, check, or credit cards. If you need to refund a payment, you can do so by contacting the business or person you made the payment to and requesting a refund. The business or person may require evidence of purchase or proof of payment. If the payment was made using a credit card, you may be able to contact the card issuer and dispute the charge.
| 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
they do not offer loan forgiveness or loan consolidation.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
To apply for a loan, you can either go online and fill out a form with your email address or use a mobile app. If you have a cosigner, you can also apply for a loan with them.
| 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 |
SmartCredit Report Example
- This is an example of what this creditor will look like on your SmartCredit 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 PREMIERFCU 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.