What does AMCOL SYSTEMS INC mean on my credit report?

Is AMCOL SYSTEMS INC making an impact on your credit score?

Updated January 1, 2023
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What is AMCOL SYSTEMS INC?

AMCOL SYSTEMS INC is shorthand for AMCOL Systems Inc, with the company name being AMCOL Systems, Inc.

AMCOL SYSTEMS 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 AMCOL Systems Inc.

  • ⚫ 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 AMCOL Systems Inc:

Address:

  • 111 Lancewood Rd, Columbia, SC 29210, United States

Website:

Email:

Phone:

Payments

To make a payment with AMCOL Systems, you can contact them at 803-227-2800. They offer various payment options such as online payments, monthly payment plans, checks, money orders, and prepaid debit cards. There may be penalties for late or missed payments. AMCOL provides real-time call monitoring and extensive training for account representatives.

Question Answer
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

How to Apply

You can apply for a loan online, over the phone, or in person with AMCOL Systems. They offer solutions-oriented collection approaches that focus on account resolution and patient retention, as well as extensive training for account representatives, real-time call monitoring, and advanced strategies with customized work flows. You can also apply for a loan using a mobile app offered by AMCOL Systems. For more information, call 803-227-2800.

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 AMCOL SYSTEMS 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.