What does COAST 2 COAST LENDERS mean on my credit report?

Is COAST 2 COAST LENDERS making an impact on your credit score?

Updated January 1, 2023
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What is COAST 2 COAST LENDERS?

COAST 2 COAST LENDERS is shorthand for Coast 2 Coast Lenders, with the company name being Coast 2 Coast Lenders Inc

COAST 2 COAST LENDERS 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 Coast 2 Coast Lenders.

  • ⚫ 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 $800.

  • ⚫ The typical loan duration is 10 months.

The account is classified under the following METRO2 categories:

  • ⚫ Unsecured

How do I contact them?

Here is the current contact details for Coast 2 Coast Lenders:

Address:

  • 3511 Silverside Rd, Wilmington, DE 19810, USA

Website:

Email:

Phone:

Payments

To make a payment with Coast 2 Coast Lenders, customers must turn off their Wi-Fi while completing the application. If customers need assistance, they can call 800-818-1908. There are no 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? No
Can I make a payment using a prepaid debit card? No
Can I make a payment using a wire transfer? No

Forgiveness and Cancellation

both loan forgiveness and consolidation are available. To qualify for loan forgiveness, you must work full-time for a government or non-profit organization, make 120 qualifying payments, and not be in default on your loan. To qualify for loan consolidation, you must have a Direct Consolidation Loan, make three consecutive voluntary, on-time, full monthly payments, and choose to repay your Direct Consolidation Loan under the Standard Repayment Plan or another eligible repayment plan.

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

How to Apply

you can apply for a loan online, over the phone, or in person. You may also be able to apply for a loan using a mobile app. Some loans may require a cosigner.

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? 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.

COAST 2 COAST LENDERS 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 COAST 2 COAST LENDERS 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.