What does ACCELERATED FINANCIAL mean on my credit report?

Learn about ACCELERATED FINANCIAL, an finance 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 ACCELERATED FINANCIAL?

ACCELERATED FINANCIAL is shorthand for Accelerated Financial Solutions LLC, with the company name being Accelerated Financial Solutions LLC

ACCELERATED FINANCIAL is a Finance provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Accelerated Financial Solutions LLC.

  • ⚫ 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 Accelerated Financial Solutions LLC:

Address:

  • 355 Woodruff Rd #101, Greenville, SC 29607, United States

Website:

Email:

Phone:

Payments

Accelerated Financial Services offers a debt reduction program that is not the same as bankruptcy. The program offers consolidated payments and a large overall savings, as well as the ability to be debt free in a much shorter time than normal. Clients also have the option to pick and choose which accounts they would like to include in the program. Additionally, if a client misses a monthly payment, arrangements can be made to get them caught up. Accelerated Financial Services’ program is a process of negotiating a lesser payback to creditors and offers clients a consolidated payment and a large overall savings. Clients have the freedom to pick and choose which accounts to include in the program and their personal information is kept private and confidential. Payments can be made over the phone by calling (888) 621 8220 or online. you can make a payment using a mobile app by signing up for Accelerated Financial Services’ debt reduction program. No. Accelerated Financial Services does not work for the creditors, so clients can be assured that their best interests are kept in mind when dealing with creditors. In addition, clients can pick and choose which accounts to include in our program and contact client services if they miss a monthly payment. However, if a payment is late or missed there may be penalties imposed by the creditor. you can make a payment using a prepaid debit card.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? No
Can I make payments online? No
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? No

Forgiveness and Cancellation

Accelerated Financial Services does not offer loan forgiveness. Their program is a debt reduction process that offers clients a consolidated payment and a large overall savings. It is not the same as bankruptcy. Loan forgiveness is typically granted for loan payments made through a certain program, such as an income-driven repayment plan or Public Service Loan Forgiveness program. To apply, you must submit the appropriate paperwork and documentation to your loan servicer. Loan servicer contact information can generally be found on your monthly bill or online.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

Accelerated Financial Services does not offer a bankruptcy program. We offer a debt reduction program to help our clients reduce their debt and become debt free in a fraction of the time that it would take to pay it off. To apply for our program, click “Get started” and complete our confidential inquiry.our program is not the same as bankruptcy. Our program is a debt reduction program that offers our clients a consolidated payment and a large overall savings. You can apply for our program by clicking “Get started” and completing our confidential inquiry. For more information, please contact us at (888) 621 8220.Clients have the freedom to pick and choose which accounts they would like to include in our program, and our program is designed to work in the best interest of the client, not the creditor. To apply, click “Get started” and complete our confidential inquiry.Our clients have the freedom to pick and choose which accounts they would like to include in our program. To apply for our program, click “Get started” and complete the confidential inquiry and a debt reduction specialist will contact you.Additionally, clients have the freedom to choose which accounts they would like to include in our program, and can make arrangements if they miss a payment. Our program also keeps clients’ personal information private and confidential, and we work for the clients, not the creditors.

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? No

SmartCredit Report Example

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

ACCELERATED FINANCIAL 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.

How do I remove ACCELERATED FINANCIAL 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.