What does FREEDOM TRUCK FINANCE mean on my credit report?

Learn about FREEDOM TRUCK FINANCE, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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FREEDOM TRUCK FINANCE is shorthand for Freedom Truck Finance , with the company name being Freedom Truck Finance Inc

FREEDOM TRUCK FINANCE 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 Freedom Truck Finance .

  • ⚫ 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:

  • ⚫ Auto Loan

How do I contact them?

Here is the current contact details for Freedom Truck Finance :


  • P.O. Box 515797 Dallas, Texas 75251





Multiple methods of payment are available, including online, over the phone, and through a mobile app. Payments can also be made using a check, money order, wire transfer, or prepaid debit card. There may be penalties for late or missed payments.

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? 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 types of federal student loans: Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. Loan forgiveness is the cancellation of all or some of a borrower’s outstanding student loan balance. The borrower must meet certain requirements to qualify for loan forgiveness. Loan consolidation is a process by which multiple student loans are combined into one loan with a single monthly payment. A Direct Consolidation Loan offers several benefits: -The interest rate is fixed for the life of the loan -You may have a longer repayment period, which lowers your monthly payment -You can choose from several repayment plans -You can usually consolidate all types of federal student loans -It may be easier to keep track of one monthly payment -It may help you qualify for income-driven repayment or loan forgiveness plans -It may help you become eligible for deferment or forbearance on your loans -It may help you get out of default You can consolidate all of your eligible federal student loans into a Direct Consolidation Loan. You may not, however, consolidate private loans or federal student loans that are currently in default. You also may not consolidate a Direct Consolidation Loan with any other type of federal student loan.

Question Answer
Do they offer loan consolidation? Yes

How to Apply

All loans must be applied for in person. You cannot apply for a loan online, over the phone, or through a mobile app. You may be able to apply for a loan with a cosigner.

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

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 FREEDOM TRUCK FINANCE 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.