Learn about ENVISION CU, an credit union offering loans for financial assistance. Check the impact to your credit report and financial status.
What is ENVISION CU?
ENVISION CU is shorthand for Envision Credit Union, with the company name being Envision Credit Union Inc
The dividends have increased many times over the last 20 years, but the price of the share
ENVISION CU is a Credit Union provider. They could be on your report for a number of reasons, for example:
⚫ You missed a repayment.
⚫ You opened an account with Envision Credit Union.
⚫ 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:
- ⚫ Auto Loan
- ⚫ Auto
- ⚫ Collection Agency/Attorney
- ⚫ Unsecured
Here is the current contact details for Envision Credit Union:
Address:
- P.O. Box 5198 Tallahassee, FL 32314
Website:
Phone:
Payments
Envision Credit Union offers mobile web banking that is free for all users that have a mobile device with web browsing capabilities and an active data plan. The mobile web banking service is supported by all major carriers in the United States and allows users to access their account information, conduct transfers, and pay bills.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | Yes |
| 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
There are three main types of student loans in the US: federal direct loans, federal family education loans, and private loans. Federal student loans offer benefits that private loans do not, such as loan consolidation and loan forgiveness. Loan consolidation allows you to combine multiple federal student loans into a single loan with a single monthly payment. Loan forgiveness is a program that cancels all or part of your federal student loan if you work in certain public service jobs.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
All of the ways you can apply for a loan.
| Question | Answer |
|---|---|
| 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 |
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.
What is a Credit Union
A credit union is similar to a bank, however it is owned collectively by the members and does not operate on a for-profit basis. Many credit unions are able to provision credit and issue credit cards, which may report on your credit report. Due to the none-profit nature of credit unions they are generally more trusted by the public, as they are less likely to act in a malicious fashion. However, credit unions can still make mistakes with reporting on your credit report therefore being aware of what is being reported, and take action against any unfair reporting.
How do I remove ENVISION CU 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.
- Sample Equifax Dispute Letter
- Sample Experian Dispute Letter
- Sample TransUnion Dispute Letter
