What does TWINSTAR CU mean on my credit report?
Learn about TWINSTAR CU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is TWINSTAR CU?
TWINSTAR CU is shorthand for TwinStar Credit Union, with the company name being TwinStar Credit Union Inc
In 2006, Twin County Credit Union changed its name to TwinStar Credit Union to better represent its growing and diverse membership base, and since then the credit union has grown to more than 20 branches in Western Washington. TwinStar has developed some of the most innovative financial products available anywhere. Today, TwinStar Credit Union has more than 136,000 of your neighbors as members. TwinStar Credit Union is the tenth largest in size with over $2 billion in assets.
TWINSTAR CU 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 TwinStar 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
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⚫ The average account balance is $28300.
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⚫ The average high credit balance is $35100.
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⚫ The average monthly repayment is $500.
The account is classified under the following METRO2 categories:
- ⚫ Unsecured
- ⚫ Auto
How do I contact them?
Here is the current contact details for TwinStar Credit Union:
Address:
- PO Box 718 Olympia, WA 98507-0718
Website:
Email:
Phone:
Payments
you can make a payment using TwinStar Credit Union’s Payment Protection Program, or through the TwinStar mobile banking app. You can also make a payment by phone, mail, or online. The TwinStar Credit Union Payment Protection Program offers a monthly payment plan and loan balance or monthly loan payments cancellation without penalty or added interest. For more information, you can contact them at 1-800-258-3115 or visit their website.
| 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
TwinStar Credit Union offers loan consolidation and loan forgiveness through their Payment Protection Program. To qualify for loan forgiveness, your loan balance may be canceled or your monthly loan payments canceled without penalty or added interest.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | Yes |
| Do they offer loan consolidation? | Yes |
How to Apply
you can apply for a loan online with TwinStar Credit Union. The Payment Protection Program offers peace of mind by canceling or suspending loan payments without penalties. You can also access mobile banking apps for Android or iOS. you cannot apply for a loan over the phone call. TwinStar Credit Union offers a Payment Protection Program which may cancel loan payments without penalty or added interest. The TwinStar Credit Union routing number is 325181015 and you can contact them at 1-800-258-3115. TwinStar Credit Union offers mobile banking and loan payments apps for both Android and iOS devices. TwinStar Credit Union offers a Payment Protection Program which cancels loan balance or monthly loan payments without any penalty or added interest. They also offer business accounts, fraud protection, and pick your pic custom cards. A cosigner may be able to help you apply for a loan.
| 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 TWINSTAR 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.