What does 1ST HERTGE mean on my credit report?

Updated January 1, 2023

What is 1ST HERTGE?

1ST HERTGE is shorthand for ABC Autos, with the company name being ABC AUTO INC

1ST HERTGE is a Auto Loans provider. They could be on your report for a number of reasons, for example:

• ⚫ You missed a repayment.

• ⚫ You opened an account with ABC Autos.

• ⚫ 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 ABC Autos:

Address:

• 6112 N Florida Avenue, Tampa, FL 33604

Website:

• facebook.com

Email:

• mail@abcap.com

Phone:

Payments

To make a payment, you can use a credit card, debit card, PayPal account, or a check or money order. You can also make a payment using a mobile app. There are no penalties for late or missed payments. Wire transfer is not allowed.

Question	Answer
Do they offer a monthly payment plan?	Yes
Can I make payments over the phone?	Yes
Can I make payments online?	Yes
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

The company offers loan forgiveness and consolidation services. To qualify for loan forgiveness, customers must have made their loan payments on time for a period of time and may need to meet other criteria, such as demonstrating financial hardship or participating in an income-based repayment plan. The company specializes in providing financial advice to help customers make informed decisions regarding their finances.

Question	Answer
Do they offer loan consolidation?	Yes

How to Apply

you can apply for a loan online, by phone, or in person. Applying for a loan with a cosigner is also possible. Being a cosigner on a loan means being just as responsible for the loan as the borrower.

Question	Answer
Can I apply for a loan online?	Yes
Can I apply for a loan over a phone call?	Yes
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.

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 1ST HERTGE 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