What does KEYX FIN mean on my credit report?
Learn about KEYX FIN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is KEYX FIN?
KEYX FIN is shorthand for KeyX Financial, with the company name being KeyX Financial Inc
At Key X financial we really believe in the People of Utah, your financial wellbeing matters to us, Utah is our Home Base and we love Living Here! If You come to Us for a Personal Loan,we will treat you Like Friends & Neighbor and we will certainly Try Our Best to Get you Approved for the Loan You Need
KEYX FIN 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 KeyX Financial.
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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 KeyX Financial:
Address:
- 2716 S State St, South Salt Lake, UT 84115, United States
Website:
Email:
Phone:
Payments
KeyX offers monthly payment plans and the ability to make payments online, over the phone, or with a mobile app. 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? | 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? | Yes |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
KeyX does not offer loan forgiveness or consolidation. However, they do offer a loan forgiveness program for those with a loan amount of $1,500 or more that guarantees savings of 70% to over 90%.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You can apply for a loan through KeyX Financial LLC either online, in person, or through a mobile app. Applying for a loan with a cosigner is also an option. The advantages of doing so through KeyX include easy qualification, lower costs than payday loans, flexible payments, and the ability to re-establish credit.
| 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 KEYX FIN 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.