What does PA STA EMPCU mean on my credit report?

Learn about PA STA EMPCU, 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 PA STA EMPCU?

PA STA EMPCU is shorthand for PSECU, with the company name being PSECU Inc

PA STA EMPCU 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 PSECU.

  • ⚫ 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 $5200.

  • ⚫ The average high credit balance is $19000.

  • ⚫ The typical loan duration is 32 months.

  • ⚫ The average credit limit is $7700.

  • ⚫ The average monthly repayment is $100.

The account is classified under the following METRO2 categories:

  • ⚫ Auto Loan
  • ⚫ Credit Card
  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for PSECU:

Address:

  • P.O. Box 67012 Harrisburg, PA 17106-7012

Website:

Email:

Phone:

Payments

To make a payment, you can do so via self-service telephone, online transfers/payments, mail deposits or loan payments to PSECU, or Visa payments to PSECU, or in person at one of the PSECU locations. If you need to obtain a refund, you can do so by contacting PSECU customer service or by sending a secure email via their digital banking system. Checks and money orders can also be arranged by calling PSECU. Payments can also be made using the PSECU mobile app. There are no penalties for late or missed payments.

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

PSECU does not offer loan forgiveness. You may, however, qualify for loan consolidation services. To qualify for loan forgiveness, you must meet certain criteria and demonstrate that you have made regular payments on your loan over a period of time.

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. PSECU offers competitive loan rates and a low-to-no-fee structure, as well as other benefits of membership. Money management resources are also available. You can apply for a loan with a cosigner by calling PSECU at 800.237.7328.

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

IdentityIQ Report Example

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

PA STA EMPCU 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 PA STA EMPCU 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.