What does AZ PREMIUM FINANCE CO mean on my credit report?

Is AZ PREMIUM FINANCE CO making an impact credit score?

Updated May 1, 2022


AZ PREMIUM FINANCE CO is shorthand for Arizona Premium Finance Co, with the company name being Arizona Premium Finance Co

The consumer is not subjected to a credit check, the only condition for gettinga premium finance charge is that the customer must be selling a valid insurancepolicy that meets financing qualifications. Personal and commercial policiesqualify for financing except workers' compensation policies.The loan is made when an agent sells the insurance policy withcompletion of a simple 1-page Finance Agreement. Each month they receive amoney coupons and send their payments to APFC by postal money order orcourier.

AZ PREMIUM FINANCE CO is a Creditor. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Arizona Premium Finance Co.

  • ⚫ 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:

  • ⚫ Collection Agency/Attorney
  • ⚫ Unsecured

More account infomation

  • ⚫ The average account balance is $300.

  • ⚫ The average high credit balance is $2000.

  • ⚫ The typical loan duration is 10 months.

How do I contact them?

Here is the current contact details for Arizona Premium Finance Co:


  • 12406 N 32nd St #110, Phoenix, AZ 85032, United States




  • (800) 848-8860
    (602) 992-9898

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 AZ PREMIUM FINANCE CO 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.