What does COURTESY FIN mean on my credit report?

Is COURTESY FIN making an impact credit score?

Updated May 1, 2022

What is COURTESY FIN?

COURTESY FIN is shorthand for Courtesy Financial LLC, with the company name being Courtesy Financial LLC LLC

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. 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 account is classified under the following METRO2 categories:

  • ⚫ Secured
  • ⚫ Collection Agency/Attorney

More account infomation

  • ⚫ The average account balance is $300.

  • ⚫ The average high credit balance is $1400.

  • ⚫ The typical loan duration is 14 months.

How do I contact them?

Here is the current contact details for Courtesy Financial LLC:

Address:

  • PO Box 501299 Atlanta GA 31150

Website:

Email:

Phone:

  • (407) 461-5152

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

COURTESY 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 COURTESY FIN 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.