What does NATIONWIDE CREDIT & CO mean on my credit report?
Learn about NATIONWIDE CREDIT & CO, an collections agency offering loans for financial assistance. Check the impact to your credit report and financial status.
What is NATIONWIDE CREDIT & CO?
NATIONWIDE CREDIT & CO is shorthand for Nationwide Credit & Collection Inc, with the company name being Nationwide Credit & Collection Inc Inc
Partnerships are formed to assist organisations to reclaim outstanding money from customers more quickly and effectively than they could on their own. NCC-Recovery provides a “patient satisfaction” approach to debt collection and recovery management.
NATIONWIDE CREDIT & CO is a Collections Agency provider. They could be on your report for a number of reasons, for example:
- ⚫ You missed a repayment.
- ⚫ You opened an account with Nationwide Credit & Collection Inc.
- ⚫ Nationwide Credit & Collection Inc bought your debt and are now trying to collect on it.
- ⚫ 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:
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Nationwide Credit & Collection Inc:
Address:
- 815 Commerce Dr. Suite 270 Oak Brook, IL 60523
Website:
Email:
Phone:
Payments
You can make a payment by using a credit card, debit card, bank transfer, or other payment methods. If you are making a payment online, you may also have the option to pay with PayPal or other payment gateways. Customers who are entitled to a refund can get it by contacting the merchant directly. Mobile applications allow you to make payments quickly and easily. You can make payments using a wire transfer. A wire transfer involves transferring money electronically from one bank account to another.
| 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
loan forgiveness is not offered. NCC does not offer loan consolidation.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
you cannot apply for a loan online, over a phone call, or in person. you can apply for a loan with a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | No |
| 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? | No |
| 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 Collections Agency?
Collection agencies appear on your report when a company has failed to collect an outstanding debt. If a creditor has sent your debt to collections, they expect to receive only a portion of any money collected. For them, this is preferable to receiving nothing at all continuing the process of trying to collect your debt themselves. However due to the agressive nature of some collection agencys, you may feel threatened or harrassed by them. However, the good news is that if they inaccurately reported your debt and you take the correct credit repair action, there is a good chance that you will not have to repay and inaccurately reported debt.
How do I remove NATIONWIDE CREDIT & CO 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.