What does DENEFITS LLC mean on my credit report?
Learn about DENEFITS LLC, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is DENEFITS LLC?
DENEFITS LLC is shorthand for Denefits LLC, with the company name being Denefits LLC Inc
Denefits is a leading full-payment solutions platform that is used by customers and companies alike across several sectors. If you experience payment disputes, if there are overdue payments or if you need help processing payment plans, Denefits has an answer for you.
DENEFITS LLC 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 Denefits LLC.
-
⚫ 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 Denefits LLC:
Address:
- 16500 Bake Pkwy Ste 100, Irvine, CA 92618, United States
Website:
Email:
- [not authorize](mailto://not authorize)
Payments
Denefits offers online payment options for customers, with fees for late payments and cancellations. Guarantees may be reversed if the customer files for bankruptcy. Documents such as a passport or driver’s license may need to be uploaded, and certain dispute types are more common than others. Claims are paid out at certain intervals, and businesses may need to take certain steps when selling.
| Question | Answer |
|---|---|
| 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? | No |
| Can I make a payment using a prepaid debit card? | No |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
Denefits does not offer loan forgiveness or consolidation.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
All types of financial institutions offer loans, and there are many ways to apply for one. The most common ways to apply for a loan are online, over the phone, or in person. Some lenders also offer the option to apply for a loan using a mobile app. In some cases, a cosigner may be required.
| 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 |
| Can I apply for a loan with a cosigner? | 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 DENEFITS LLC 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.