What does AUTOMOTIVE PARTNERS FU mean on my credit report?
Learn about AUTOMOTIVE PARTNERS FU, an automotive trader offering loans for financial assistance. Check the impact to your credit report and financial status.
What is AUTOMOTIVE PARTNERS FU?
AUTOMOTIVE PARTNERS FU is shorthand for Automotive Partners Funding, with the company name being Automotive Partners Funding
AUTOMOTIVE PARTNERS FU is a Automotive Trader provider. They could be on your report for a number of reasons, for example:
-
⚫ You missed a repayment.
-
⚫ You opened an account with Automotive Partners Funding.
-
⚫ 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 $2900.
-
⚫ The average high credit balance is $29000.
-
⚫ The typical loan duration is 54 months.
-
⚫ The average monthly repayment is $400.
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for Automotive Partners Funding:
Address:
- 3933 E. Pima St. Suite 109,
Tucson, AZ 85712
Website:
Email:
Phone:
Payments
you can make a payment online. they do not offer a monthly payment plan. You can however, pay off your loan, change your address and submit insurance information using the links provided.you can make payments over the phone. Alternatively, you can pay online or at one of our partnering dealerships.they offer a discount for automatic payments.other payment options such as using a check or money order are available.you can make a payment using a mobile app. Automotive Partners Funding offers an online payment system for customers to easily submit payments through their mobile device.there are penalties for late or missed payments.you can make a payment using a prepaid debit card online.payments can be made using a wire transfer.
| 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? | 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
this website does not offer loan forgiveness or consolidation. It also does not provide information on how to qualify for loan forgiveness.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You can apply for a loan online using the PAY ONLINE! Quick Link. You can also apply for a loan using a mobile app. You cannot apply for a loan over a phone call or in person.
| 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 |
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.
What is a Automotive Trader
A Automotive Trader is any company that buys or sells vehicles. They will report on your credit report if you bought a car on credit or took out a loan during the purchase of your car. The repayment date is normally around three years, and the interest rate is typically between 3-13%. If you fail to make payments they may hire a collections agency which will try to either:
- Collect the (alleged) missed payments
- Try to reposess the vehicle
Either option is not ideal for you life as it may cause undue distress, expecially if the debt has not been reported correctly or there has been a mistake in the reporting process. The best way to protect yourself from automotive debt collectors is to challenge then repair any potential errors on their reporting.
How do I remove AUTOMOTIVE PARTNERS FU 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.