What does COMMCR LEEDS mean on my credit report?
Learn about COMMCR LEEDS, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is COMMCR LEEDS?
COMMCR LEEDS is shorthand for Community Credit Inc, with the company name being Community Credit Inc Inc
COMMCR LEEDS is a Creditor 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 Community Credit Inc.
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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 account balance is $100.
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⚫ The average high credit balance is $2100.
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⚫ The typical loan duration is 16 months.
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⚫ The average monthly repayment is $100.
The account is classified under the following METRO2 categories:
- ⚫ Secured
How do I contact them?
Here is the current contact details for Community Credit Inc:
Address:
- 1912 Cogswell Avenue Pell City, 35125
Website:
Phone:
Payments
There are many ways to make a payment, including online, over the phone, and using a mobile app. You can also make a payment using a check, money order, prepaid debit card, or wire transfer. There may be penalties for late or missed payments.
| Question | Answer |
|---|---|
| Can I make payments online? | Yes |
| Can I make a payment using a wire transfer? | Yes |
Forgiveness and Cancellation
both loan forgiveness and consolidation are offered. To qualify for loan forgiveness, you must make 120 on-time, full monthly payments.
| Question | Answer |
|---|---|
| Do they offer loan consolidation? | No |
How to Apply
Community Credit Union offers a variety of loan options that can be applied for online. Community Credit Line is an exclusive, invitation-only lender that does not offer loan applications over the phone.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | Yes |
| Can I apply for a loan over a phone call? | 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.
How do I remove COMMCR LEEDS 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.