What does HEALTHCARE FINANCIAL S mean on my credit report?
Learn about HEALTHCARE FINANCIAL S, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is HEALTHCARE FINANCIAL S?
HEALTHCARE FINANCIAL S is shorthand for HealthCare Financial Services, with the company name being HealthCare Financial Services Inc
HealthCare Financial Services is an internal collection arm of Charleston Area Medical Center, Inc. and a licensed credit bureau. It was established in 1984 and is one of the largest debt collectors in the state. Its collection staff is trained and monitored to assure adherence to Fair Debt Collection Practices Act (FDCPA) as well as local State law.
HEALTHCARE FINANCIAL S 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 HealthCare Financial Services.
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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 HealthCare Financial Services:
Address:
- PO Box 3882 Charleston, WV 25338
Website:
Email:
Phone:
Payments
Questions and answers about payments. Customers can make payments using a variety of methods including credit cards, debit cards, PayPal, and bank transfers. Payments can also be made over the phone, online, and using mobile apps. There are discounts for automatic payments. There are other payment options such as using a check or money order. There are 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
Loan forgiveness and consolidation are both offered by the website. To qualify for loan forgiveness, certain requirements must be met.
| Question | Answer |
|---|---|
| Do they offer loan consolidation? | Yes |
How to Apply
All loan applications must be completed online. There is no option to apply for a loan over the phone or in person. 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 |
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 HEALTHCARE FINANCIAL S 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.