What does HYUNDAI CAPITAL AMERIC mean on my credit report?
Learn about HYUNDAI CAPITAL AMERIC, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is HYUNDAI CAPITAL AMERIC?
HYUNDAI CAPITAL AMERIC is shorthand for Hyundai Capital America, with the company name being Hyundai Capital America Inc
HYUNDAI CAPITAL AMERIC 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 Hyundai Capital America.
-
⚫ You opened a credit card / loan / mortgage with this company.
-
⚫ Someone fraudulently opened a credit line under your name.
About the account
-
⚫ The average account balance is $9400.
-
⚫ The average high credit balance is $24600.
-
⚫ The average monthly repayment is $200.
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
- ⚫ Auto Loan
- ⚫ Lease
- ⚫ Auto Lease
How do I contact them?
Here is the current contact details for Hyundai Capital America:
Address:
- 3161 Michelson Dr #1900 Irvine, CA 92612 USA
Website:
Phone:
Payments
To make a payment, customers can either do it online, through the mobile app, or via wire transfer. There is no penalty for late or missed payments. Customers can also choose to have automatic payments set up, but there is no discount for doing so. Prepaid debit cards are not accepted.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | Yes |
| 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? | Yes |
| Can I make a payment using a prepaid debit card? | No |
| Can I make a payment using a wire transfer? | Yes |
Forgiveness and Cancellation
Hyundai Capital does not offer loan forgiveness or consolidation services. However, their privacy policy does not sell, rent, or lease customers’ information.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
Hyundai Capital America does not currently offer any loans or financing solutions online or over the phone. Customers who are interested in applying for a loan with Hyundai Capital America must do so in person or through their mobile app. Hyundai Capital America does offer financing solutions for customers who are looking to apply for a loan with a cosigner.
| 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? | 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 HYUNDAI CAPITAL AMERIC 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.