What does GRAIN TECHNOLOGY, IN mean on my credit report?

Is GRAIN TECHNOLOGY, IN making an impact credit score?

Updated May 1, 2022

What is GRAIN TECHNOLOGY, IN?

GRAIN TECHNOLOGY, IN is shorthand for Grain Technology, Inc., with the company name being Grain Technology, Inc. LLC

“Grain” offers a revolving line of credit that you can access via your existing debit card, without having to issue a card yourself. Our team is made up of bankers and financial experts with a combined 20+ years' experience. We’re based in Oakland, CA. A platform that prioritizes your interests ahead of investor or stockholder profit goals.

GRAIN TECHNOLOGY, IN 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 Grain Technology, Inc..

  • ⚫ 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 Grain Technology, Inc.:

Website:

Phone:

  • (833)-755-0809

IdentityIQ Report Example

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

GRAIN TECHNOLOGY, IN 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 GRAIN TECHNOLOGY, IN 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.