What does DATAMAX CORP mean on my credit report?
Learn about DATAMAX CORP, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is DATAMAX CORP?
DATAMAX CORP is shorthand for DataMax Corporation, with the company name being DataMax Corporation Inc
There is no compromise for superior client services and a positive corporate culture where employees and customers thrive! Lisa has a bachelor’s degree in accounting from the University of North Carolina at Greensboro and is a graduate of Leadership Winston Salem class of 2008. In 2009, Eddy Forrest became an executive vice president and chief operating officer of DataMax. He quickly moved into active coaching of little league teams and businesses.
DATAMAX CORP 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 DataMax Corporation.
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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.
How do I contact them?
Here is the current contact details for DataMax Corporation:
Address:
- 711 Coliseum Plaza Court Winston Salem, NC 27106, USA
Website:
Email:
Phone:
Payments
-Payments can be made online, over the phone, or with a mobile app-Prepaid debit cards, wire transfers, checks, and money orders are not accepted-There are no penalties for late or missed payments-Consumers who overpay DataMax Corporation by more than $0.99 will be mailed a refund check within 30 days of payment.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | Yes |
| 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 wire transfer? | Yes |
Forgiveness and Cancellation
Loan forgiveness and consolidation are two ways to manage student loans. Loan forgiveness can happen through different programs by the government for those who qualify. Loan consolidation is a way to combine multiple loans into one loan.
| 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 be able to apply for a loan using a mobile app as well. You may be able to apply for a loan with a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | No |
| 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 |
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 DATAMAX CORP 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.
