What does WICHITA FCU mean on my credit report?
Learn about WICHITA FCU, an federal credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WICHITA FCU?
WICHITA FCU is shorthand for Wichita Federal Credit Union, with the company name being Wichita Federal Credit Union Inc
When you join, you are not only an account number; WFCU is a non-profit financial cooperative, which means that all of our members are also owners. WFCU’s long-standing “Members First” philosophy has served us well for many years now. WFCU still has a branch office in City Hall and keeps deep ties with all departments within City Hall. Since 1940, WFCU has grown to serve more than 13,000 members in Sedgwick County and manages over $160 million in assets.
WICHITA FCU is a Federal 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 Wichita Federal 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.
How do I contact them?
Here is the current contact details for Wichita Federal Credit Union:
Address:
- 9835 E 21st St N, Wichita, KS 67206, United States
Website:
Email:
Phone:
Payments
To make a payment, create an account with a payment service provider and provide the necessary payment information. The payment service provider will process the payment, and the payment will be completed when the funds are received. Customers can also pay with a check or money order. Additionally, we accept all major credit cards, debit cards, and PayPal. Mobile apps provide users with the ability to make payments quickly and easily. Wire transfers are a convenient, secure way to send funds electronically from one person to another.
| 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
The Acme Financial Company offers loan consolidation and loan forgiveness. To qualify for loan forgiveness, borrowers must meet certain requirements, such as being employed in public service, having made 120 on-time payments, and having a qualifying loan balance. Additionally, borrowers may be able to have all or part of their loan balance forgiven if they work in specific areas such as public education, public health, law enforcement, and more.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
You can apply for a loan online, in person, or using a mobile app. Many lenders also offer the option to 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? | Yes |
| 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 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 WICHITA 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.
