What does AMR UNTD FIN mean on my credit report?
Learn about AMR UNTD FIN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is AMR UNTD FIN?
AMR UNTD FIN is shorthand for
United Group Incorporated, with the company name being
United Group Incorporated
We provide consumers with loans for cars, credit cards and many other financial services needs. United Finance Company also buys retail installments contracts from car, motorcycle and boat dealers, appliance stores and others.
AMR UNTD 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 United Group Incorporated.
⚫ You opened a credit card / loan / mortgage with this company.
⚫ Someone fraudulently opened a credit line under your name.
About the account
⚫ The average high credit balance is $13800.
⚫ The typical loan duration is 44 months.
⚫ The average monthly repayment is $200.
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for United Group Incorporated:
- Richard H. Parker Jr.
To make a payment, you can do so online, through a mobile app, or via wire transfer. There is no monthly payment plan, but there are no penalties for late or missed payments. You cannot get a payment refund.
|Do they offer a monthly payment plan?||Yes|
|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
they do not offer loan forgiveness or consolidation. Applicants must meet certain criteria, such as being 18 years or older, having a reliable source of income and living in select states. Additionally, loan amounts are typically between $1,000 and $15,000, although requests for up to $25,000 can be considered.
|Do they offer loan forgiveness?||No|
|Do they offer loan consolidation?||No|
How to Apply
To apply for a loan, you must meet certain eligibility requirements, provide necessary documents, and have a reliable source of income. Collateral may be required depending on the loan amount and terms. Most loans range between $1,000 and $15,000 with loan requests up to $25,000 considered.
|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?||Yes|
|Can I apply for a loan using a mobile app?||Yes|
|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.
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 AMR UNTD 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.