What does COURTESY FIN mean on my credit report?
Learn about COURTESY FIN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is COURTESY FIN?
COURTESY FIN is shorthand for
Courtesy Financial LLC, with the company name being
Courtesy Financial LLC Inc
Financial Helpers is a non-profit organization founded in 2010 that provides assistance for students who are struggling with their academic or financial responsibilities.
COURTESY 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 Courtesy Financial LLC.
⚫ You opened a credit card / loan / mortgage with this company.
⚫ Someone fraudulently opened a credit line under your name.
About the account
⚫ The average account balance is $300.
⚫ The average high credit balance is $1400.
⚫ The typical loan duration is 14 months.
The account is classified under the following METRO2 categories:
- ⚫ Secured
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Courtesy Financial LLC:
- PO Box 501299 Atlanta GA 31150
To make a payment with Courtesy Finance, customers can apply online, visit a local branch, or call 855-513-LOAN. There is no monthly payment plan, but customers can make payments online, via mobile app, with a prepaid debit card, or wire transfer. 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|
|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
There are three main ways to qualify for loan forgiveness through the Public Service Loan Forgiveness Program: making 120 qualifying monthly payments while working full-time for a qualifying employer, working for a qualifying employer during the 10-year Standard Repayment Plan, or having a remaining balance forgiven after making 25 years of qualifying monthly payments.
|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. Some lenders also allow you to apply for a loan using a mobile app. You may be able to get a loan with a cosigner.
|Can I apply for a loan online?||Yes|
|Can I apply for a loan over a phone call?||Yes|
|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 COURTESY 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.