What does HANN FNCL mean on my credit report?
Learn about HANN FNCL, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is HANN FNCL?
HANN FNCL is shorthand for Hann Financial Service Corporation, with the company name being Hann Financial Service Corporation Inc
HANN FNCL 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 Hann Financial Service Corporation.
-
⚫ 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 Hann Financial Service Corporation:
Address:
- 8000 Midlantic Drive, Suite 110S Mt. Laurel, NJ 08054
Website:
Email:
- [CustomerService@hannfinancial.com Recovery@HannFinancial.com](mailto://CustomerService@hannfinancial.com Recovery@HannFinancial.com)
Phone:
Payments
Customers can choose to pay off their purchases over time with convenient monthly payments. You can get a payment refund by contacting the company that processed your payment and explaining the issue. Many businesses offer payment by phone and most websites allow you to pay with a credit card, debit card, or a digital wallet. Other payment options such as using a check or money order are available. Many apps and services allow you to securely store your banking and payment information. Late or missed payments may result in late fees, additional interest charges, and may also have a negative impact on your credit score.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | Yes |
| Can I make payments over the phone? | Yes |
| Can I make payments online? | 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
The website offers loan forgiveness and consolidation. To qualify for loan forgiveness, you must make 120 qualifying monthly payments while working full-time for a qualifying employer.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
You can apply for a loan in person, over the phone, or online. Some loans may require 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 |
| 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 HANN FNCL 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.