What does WESCOM CENTRAL CREDIT mean on my credit report?
Learn about WESCOM CENTRAL CREDIT, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WESCOM CENTRAL CREDIT?
WESCOM CENTRAL CREDIT is shorthand for Wescom Credit Union, with the company name being Wescom Credit Union Inc
WESCOM CENTRAL CREDIT 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 Wescom 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 high credit balance is $5700.
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⚫ The typical loan duration is 46 months.
The account is classified under the following METRO2 categories:
- ⚫ Unsecured
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for Wescom Credit Union:
Address:
- 1330 South Beach Blvd Suite B La Habra, CA 90631
Website:
Email:
Phone:
Payments
the Wescom WAP App does not currently allow payments. However, they have plans to add the ability to pay bills in the future. Contact Wescom at 1-888-493-7266 or mail@wescom.org for more information.you can make payments online with Wescom’s WAP App which offers the ability to transfer funds between accounts, view transaction history and check images, and pay bills.you can make a payment using Wescom’s WAP App. It allows you to view and transfer funds between your accounts, and plans are in the works to add the ability to pay bills. Wescom uses state-of-the-art security measures to protect your data.there are no other payment options besides the WAP app.
| 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? | No |
Forgiveness and Cancellation
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
To apply for a loan with Wescom, you must be a member and fill out an online application at www.wescom.org. You cannot apply for a loan over the phone, in person, or using a mobile app. You also cannot 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 in person? | No |
| Can I apply for a loan using a mobile app? | No |
| Can I apply for a loan with a cosigner? | No |
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 WESCOM CENTRAL CREDIT 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.