What does AURORA FIN mean on my credit report?

Is AURORA FIN making an impact on your credit score?

Updated January 1, 2023
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What is AURORA FIN?

AURORA FIN is shorthand for Aurora Financial, with the company name being Aurora Financial

Aurora Financial is a comprehensive financial services company that serves small businesses and families. Aurora Financial can find you the best insurance policies on the market today. Investment strategiesWe can show you how to invest safely in today’s market. Mortgage loansWe can help you realize the American Dream of homeownership.

AURORA 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 Aurora Financial.

  • ⚫ 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 $12400.

  • ⚫ The typical loan duration is 38 months.

The account is classified under the following METRO2 categories:

  • ⚫ Auto Loan

How do I contact them?

Here is the current contact details for Aurora Financial:

Address:

  • 2010 Corporate Ridge Road, Suite 420
    McLean, VA 22102

Website:

Email:

Phone:

Payments

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? No
Can I make a payment using a prepaid debit card? No
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

Aurora Financial is a local lender that offers services and products to help customers achieve their financial goals. They do not offer loan forgiveness, loan consolidation, or any other type of financial aid program.

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

How to Apply

It is possible to apply for a loan online, over the phone, or in person. Applying for a loan using a mobile app is not possible. It is possible to apply for a loan with a cosigner. Homeowners can compare hundreds of loans, view rates and fees, and access loan programs. Our loan officers work for you and don’t work on commission. We offer a free rate float down, on-time closing guarantee, and no closing cost loyalty program. Contact us at (877) 887-1117 to get started.

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.

AURORA 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 AURORA 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.