What does ALLIANCECU mean on my credit report?

Learn about ALLIANCECU, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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ALLIANCECU is shorthand for AllianceOne inc, with the company name being AllianceOne inc

We supplement conventional offers with a broad variety of customized outsourcing and industrial sector specific call centersproducts. By developing close partnerships with our businesses, we assure growth and profitability for all. We believe that by offering novel solutions, we promote empowerment of our staff members, our clients and also their customers.

ALLIANCECU is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with AllianceOne inc.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

  • ⚫ The average account balance is $100.

  • ⚫ The average high credit balance is $1200.

  • ⚫ The typical loan duration is 16 months.

The account is classified under the following METRO2 categories:

  • ⚫ Secured
  • ⚫ Collection Agency/Attorney
  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for AllianceOne inc:





AllianceOne is a payment processing company that allows you to make payments online, over the phone, or through a mobile app. You can also pay using a check or money order. Payments are posted to your account, and your creditor and credit bureaus will be informed of your payment. You may post-date your online payment. Late or missed payments may incur penalty fees, depending on the terms of the agreement with the creditor.

Question Answer
Can I make payments over the phone? Yes
Can I make payments online? Yes
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

AllianceOne does not offer loan forgiveness as a payment option. Loan forgiveness is typically granted to eligible borrowers who have made 120 or more consecutive payments on their student loan. To qualify for loan forgiveness, borrowers must meet certain criteria such as be in an income-driven repayment plan, have made all payments on time, and have not defaulted on the loan.

Question Answer
Do they offer loan consolidation? No

How to Apply

you cannot apply for a loan over a phone call or in person. you can apply for a loan with a cosigner.

Question Answer
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? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

ALLIANCECU 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.

How do I remove ALLIANCECU 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.