What does ACCESS FINANCE INC mean on my credit report?

Is ACCESS FINANCE INC making an impact on your credit score?

Updated January 1, 2023
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What is ACCESS FINANCE INC?

ACCESS FINANCE INC is shorthand for Access Finance Inc, with the company name being Access Finance Inc

ACCESS FINANCE INC is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Access Finance Inc.

  • ⚫ 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

How do I contact them?

Here is the current contact details for Access Finance Inc:

Address:

  • 3415 S Sepulveda Blvd UNIT 410, Los Angeles, CA 90034, United States

Website:

Email:

Phone:

Payments

To make a payment, you can use a variety of methods, such as credit/debit cards, PayPal, and bank transfers. Additionally, some businesses may offer payment plans or accept cryptocurrency as payment. You can contact the business or merchant you made the payment to and request a refund. Depending on their refund policy, they may provide you with a refund. If the refund policy does not allow for a refund, you could contact your payment provider (ex. credit card company, Paypal) to see if they can help you with the refund. Additionally, you could contact your local consumer protection agency for advice on how to proceed. Many websites and services accept online payments, allowing you to pay for goods and services with a debit or credit card, or other online payment methods. Prepaid debit cards provide a secure and convenient way to make payments without using a traditional bank account. Wire transfers are a secure and common way to send money electronically, typically requiring only a bank account and routing number.

Question Answer
Do they offer a monthly payment plan? Yes
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

Access Finance does not offer loan forgiveness. However, they do offer loan consolidation. Through loan consolidation, multiple loans can be combined into one, allowing for fewer payments, reduced interest rates and lower monthly payments. To qualify for loan forgiveness, borrowers will need to make payments on eligible student loan accounts for 120 consecutive months or more. Additionally, borrowers may qualify for loan forgiveness through specific programs, such as Public Service Loan Forgiveness or Teacher Loan Forgiveness. To apply, borrowers will typically need to complete and submit an application, submit proof of their qualified payments, and provide supporting documentation.

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

How to Apply

You can apply for a loan online, over the phone, in person, or using a mobile app. Many banks, credit unions, and online lenders offer loan applications that can be completed online. You may be able to apply for a loan with a cosigner.

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

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 ACCESS FINANCE INC 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.