What does AMER FST FIN mean on my credit report?

Is AMER FST FIN making an impact on your credit score?

Updated January 1, 2023

What is AMER FST FIN?

AMER FST FIN is shorthand for American First Finance Inc, with the company name being American First Finance Inc.

Today, there are many options available for consumers who have poor credit. Why not create more? Because it is so bad to find solutions that feel good. It’s what we do best!

AMER FST FIN 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 American First 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:

  • ⚫ Unsecured
  • ⚫ Lease
  • ⚫ Collection Agency/Attorney
  • ⚫ Secured

How do I contact them?

Here is the current contact details for American First Finance Inc:

Address:

  • P.O. Box 565848
    Dallas, TX 75356

Website:

Email:

Phone:

Payments

You can make a payment online, over the phone, or with a mobile app. You can also use a prepaid debit card, wire transfer, or check/money order. If you choose to do an automatic payment, there is a discount available. There are penalties for late or missed payments.

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

There are three main ways to qualify for loan forgiveness through the Public Service Loan Forgiveness Program. You may qualify if you are employed by a government organization, a 501(c)(3) non-profit, or a not-for-profit organization that provides certain public services. You also need to have made 120 qualifying monthly payments while working full-time for one or more of these organizations.

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

How to Apply

you can apply for a loan online with American First Finance, even if you have poor or no credit. Credit is checked as part of the application process, and payment history is reported to select credit reporting agencies no less than once per month. You cannot apply for a loan over a phone call, in person, or using a mobile app. you can apply for a loan with a cosigner. American First Finance may check your credit with a hard credit inquiry, which may influence your credit score. They may report to TransUnion, Data X, Ltd., and Clarity Services, Inc. and will report account information such as the account balance, scheduled payment, payment history, and account status.

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? No
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

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

AMER FST FIN 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.

How do I remove AMER FST FIN 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.