What does ST LANDRY PARISH FCU mean on my credit report?

Learn about ST LANDRY PARISH FCU, an federal 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 ST LANDRY PARISH FCU?

ST LANDRY PARISH FCU is shorthand for Pelican State Credit Union, with the company name being Pelican State Credit Union Inc

The Pelican State Credit Union Family grew by November 2017 through the merger of St. Landry Parish Federal Credit Union. The team members who moved on Pelican through the merger of the members so much about each member and go above and beyond to help us! We appreciate their dedication to making the members’ merger experience as smooth as possible. We have two of our St. Landry Branch Team Members, Norma Reed and Tonja Sims Anderson, to share their memories of St. Landry Parish Federal Credit Union with us.

ST LANDRY PARISH 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 Pelican State 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:

  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for Pelican State Credit Union:

Address:

  • 2508 S Union St, Opelousas, LA 70570, United States

Website:

Email:

Phone:

Payments

Pelican State Credit Union offers various methods of payment, including check orders, card management, and personal loans. Payments can be made online, including the ability to activate cards, report cards as lost or stolen, change pins, check loan application statuses, and reorder checks. There are other payment options available such as using a check or money order. Pelican State Credit Union also offers a Team Pelican Youth Savings Account, a Teen Checking Account, free credit counseling, personal loans, credit cards, and mortgages. Wire transfers are also an option for payment.

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

Pelican State Credit Union does not offer loan forgiveness or consolidation. To qualify for loan forgiveness, you must meet certain qualifications and provide additional documentation to your loan servicer.

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

How to Apply

You can apply for a loan online, over the phone, or in person at Pelican State Credit Union. They offer personal loans, credit cards, and mortgages. You can also apply for a loan using a mobile app with Pelican State Credit Union. Applying for a loan with a cosigner is also an option.

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.

ST LANDRY PARISH FCU 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 ST LANDRY PARISH 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.