What does UNITEDTXCU mean on my credit report?

Learn about UNITEDTXCU, an 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 UNITEDTXCU?

UNITEDTXCU is shorthand for United Texas Credit Union, with the company name being United Texas Credit Union Inc

A group of 19 USAAs employees, in April 1955, each deposited $5.00 to begin our San Antonio credit union. The credit union’s first loan was $85 to refurbish a couch, which started the organization on a course to become self-sufficient. Even with our unprecedented growth, we continued to provide the friendly service, done right. Transparency. We are honest and truthful in all our dealings with members, staff, vendors and the public.

UNITEDTXCU 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 United Texas 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 high credit balance is $2700.

  • ⚫ The average credit limit is $2500.

The account is classified under the following METRO2 categories:

  • ⚫ Credit Card

How do I contact them?

Here is the current contact details for United Texas Credit Union:

Address:

  • 5500 UTSA BoulevardSan Antonio, TX 78249, USA

Website:

Email:

Phone:

Payments

United Texas Credit Union offers various methods of payment, including online, mobile app, phone, and in person. Checks and money orders are also accepted. There are no penalties for late or missed payments.

Question Answer
Do they offer a monthly payment plan? No
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

they do not offer loan forgiveness or consolidation. Forgiveness requires specific qualifications, such as meeting certain income requirements, being employed in a certain industry, or other criteria. Generally, this will require research into the specific loan forgiveness program and its requirements.

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

How to Apply

United Texas Credit Union offers loans with cosigners if you are eligible for membership and meet their lending requirements. They also offer online and mobile loan applications.

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.

UNITEDTXCU 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 UNITEDTXCU 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.