What does CONRAD CR CO mean on my credit report?
Is CONRAD CR CO making an impact on your credit score?
What is CONRAD CR CO?
CONRAD CR CO is shorthand for
Conrad Companies, with the company name being
Conrad Companies Inc
Conrad is a grouping of companies based in California, USA. It began as a transportation company focused on local services, but now it is one of the largest diversified trucking companies in Mexico.
CONRAD CR CO 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 Conrad Companies.
⚫ You opened a credit card / loan / mortgage with this company.
⚫ Someone fraudulently opened a credit line under your name.
How do I contact them?
Here is the current contact details for Conrad Companies:
- 476 West Vermont Ave. Escondido, CA 92025
The Conrad Companies offer their clients the ability to make payments via online account access portals, mobile app, wire transfer, or other options such as using a check or money order. There are no penalties for late or missed payments.
|Do they offer a monthly payment plan?||No|
|Can I make payments over the phone?||No|
|Can I make payments online?||Yes|
|Can I make a payment using a mobile app?||Yes|
|Can I make a payment using a prepaid debit card?||No|
|Can I make a payment using a wire transfer?||Yes|
Forgiveness and Cancellation
both loan forgiveness and consolidation are available. To qualify for loan forgiveness, you must make 120 qualifying payments. To qualify for consolidation, you must have a Direct Consolidation Loan.
|Do they offer loan forgiveness?||No|
|Do they offer loan consolidation?||No|
How to Apply
All of the following methods are available for applying for a loan: online, over the phone, in person, and using a mobile app. Applying for a loan with a cosigner is also an option.
|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|
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 CONRAD CR CO 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.