What does CRED FIN GRP mean on my credit report?
Learn about CRED FIN GRP, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is CRED FIN GRP?
CRED FIN GRP is shorthand for Credit Financial Group, with the company name being Credit Financial Group Inc
All three credit bureaus to help you rapidly rebuild your score and we are certified by BBB accreditation. Headquarters: Indian Trail, North Carolina, founded in 2010
CRED FIN GRP is a Creditor provider. They could be on your report for a number of reasons, for example:
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⚫ You missed a repayment.
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⚫ You opened an account with Credit Financial Group.
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⚫ You opened a credit card / loan / mortgage with this company.
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⚫ Someone fraudulently opened a credit line under your name.
About the account
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⚫ The average account balance is $8800.
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⚫ The average high credit balance is $12000.
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⚫ The typical loan duration is 36 months.
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⚫ The average monthly repayment is $400.
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Credit Financial Group:
Address:
- 5818 W Highway 74 Indian Trail, NC 28079
Website:
Email:
Phone:
Payments
creating an online account, setting up payment accounts, and making payments on time are all steps to making a payment on ASNPayments.com. Customers can also contact ASN Software for more answers. They offer a monthly payment plan with recurring payments, debit card and ACH accounts, and the ability to log in from any internet-connected device. Customers can set up their payment accounts online, create saved debit card and ACH accounts, and set up recurring payments (AutoPay) in order to make loan payments on time and increase their credit score. They can also log in from any internet-connected device. Payments can be made over the phone by setting up their payment accounts online and creating a login. Recurring payments (AutoPay) and debit card and ACH accounts can also be set up. Customers can make payments online through ASNPayments.com by creating an account, setting up saved payment accounts, and setting up recurring payments. Set up recurring payments (AutoPay) for a discount. Payments can be made using a mobile app by setting up an account online and creating saved Debit Card and ACH accounts. Recurring payments (AutoPay) can also be set up. Customers should set up recurring payments to avoid late fees and missed payments. They can also watch their credit score rise by making payments on time. Payments can be made using a wire transfer, debit card, Visa, MasterCard, Discover, and American Express. They can also set up recurring payments, as well as log in from any internet-connected device.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | Yes |
| Can I make payments over the phone? | Yes |
| Can I make payments online? | Yes |
| Do they offer a discount for automatic payments? | Yes |
| 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
Loan forgiveness and consolidation are both available through the website. Loan forgiveness requires 10 years of qualifying payments, while consolidation offers a lower interest rate.
| 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 can also use a mobile app to apply for a loan. You may need a cosigner for the loan.
| 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? | 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 CRED FIN GRP 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.