What does CCSCU mean on my credit report?
Learn about CCSCU, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is CCSCU?
CCSCU is shorthand for
Coast Capital Savings, with the company name being
Coast Capital Savings Inc
We at coast capital aren’t just talking about a better tomorrow, but creating a real and actual better future for ourselves-a house, our own businesses, some leftover money to have fun on occasion! For many canadians, however, this isn’t the case.
CCSCU 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 Coast Capital Savings.
⚫ You opened a credit card / loan / mortgage with this company.
⚫ Someone fraudulently opened a credit line under your name.
How do I contact them?
Here is the current contact details for Coast Capital Savings:
- 11660 Steveston Hwy Unit 1070, Richmond, BC V7A 1N6, Canada
Coast Capital offers various digital payment options, such as through their mobile app, online, or using a prepaid debit card. There are no penalties for late or missed payments. Wire transfers are not supported.
|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 prepaid debit card?||No|
|Can I make a payment using a wire transfer?||No|
Forgiveness and Cancellation
Navient does not offer loan forgiveness or consolidation. It is not clear how to qualify for loan forgiveness.
|Do they offer loan forgiveness?||No|
|Do they offer loan consolidation?||No|
How to Apply
At this time, Coast Capital does not offer the option to apply for a loan online, over the phone, or in person. You can, however, apply for a loan or line of credit with Coast Capital Digital Lending from the comfort of your own home, and you may include a co-borrower in your application.
|Can I apply for a loan online?||No|
|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|
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.
How do I remove CCSCU 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.