What does EXCEL FEDERAL CREDIT U mean on my credit report?

Learn about EXCEL FEDERAL CREDIT U, 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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What is EXCEL FEDERAL CREDIT U?

EXCEL FEDERAL CREDIT U is shorthand for Atlanta Federal Center, with the company name being Atlanta Federal Center Inc

Our story began on April 28, 1952, when we received our Charter under the name of the Atlanta Government Employees FCU. We served the Federal Government Employees of the General Services Administration (GSA). Over the course of the last 40+ years, we have added several additional charters via merger and brand-new SEGs. The Concept brings alive the ideas of development, expansion and progress.

EXCEL FEDERAL CREDIT U 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 Atlanta Federal Center.

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

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

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for Atlanta Federal Center:

Address:

  • 61 Forysyth St. Suite 8B-70 Atlanta, GA 30303

Website:

Email:

Phone:

Payments

payments can be made online or in person. Online payments require a valid credit card or debit card and should be made through a secure checkout system. In-person payments can be made with cash, credit cards, or checks. Excel Federal Credit Union does not offer a monthly payment plan. to get a payment refund, contact the merchant or provider you made the payment to and explain why you need the refund. You may also be able to initiate the refund process through the provider’s web portal or app. Contact the customer service team of the provider for further help. Excel Federal Credit Union does not offer phone payment services. Excel Federal Credit Union offers online banking services with mobile banking, automatic bill pay, and remote deposit capabilities. they do not offer a discount for automatic payments. there are no other payment options such as using a check or money order. Excel Federal Credit Union offers mobile banking services as well as an online application process and pre-approval options for auto loans. there are no penalties for late or missed payments at Excel Federal Credit Union. They offer a variety of services and perks, including mobile banking, savings account perks, remote deposit, and more. Excel Federal Credit Union offers prepaid debit card payments. Excel Federal Credit Union offers online banking services and wire transfers.

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? Yes

Forgiveness and Cancellation

LoanForgiveness.com offers loan forgiveness and consolidation programs. To qualify for loan forgiveness, you must consolidate your loans through their program. You may also qualify for loan consolidation if you have a certain amount of loans through their program.

Question Answer
Do they offer loan consolidation? No

How to Apply

You can apply for a loan online, over the phone, or in person. You may also be able to apply for a loan using a mobile app. You may be able 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? No
Can I apply for a loan using a mobile app? Yes
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.

EXCEL FEDERAL CREDIT U 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 EXCEL FEDERAL CREDIT U 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.