What does LIFTFUND mean on my credit report?

Learn about LIFTFUND, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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LIFTFUND is shorthand for LiftFund, with the company name being LiftFund Inc

Liftfund was formed to even out the financial playing field for the underserved entrepreneur. We offer a helping hand to small businesses, so that they can succeed. We’ve provided over $9 million in micro and small business loans to diverse, hard working entrepreneurs with a 96 percent success rate.

LIFTFUND 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 LiftFund.

  • ⚫ 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 LiftFund:


  • 2014 S. Hackberry St, San Antonio, Texas 78210, USA




You can make payments by credit card, debit card, or PayPal. Additionally, you can pay with cash or check if you visit one of their stores. They offer a monthly payment plan allowing customers to spread their payments over multiple months. Payment refunds can be requested by contacting the provider of the payment. Depending on the reasons for the refund, the provider may require proof of purchase or additional information. Payments can also be made over the phone. Many businesses accept payments made over the phone using credit cards, debit cards, and other payment methods. Payments can also be made online. Many websites and stores offer a wide variety of payment options, including credit cards, debit cards, PayPal, and other digital payment methods. Additionally, some services allow users to make payments through their mobile devices. There is also the option to make payments by check or money order. Wire transfers are a secure and reliable way to send money from one bank account to another and can be completed online or through a bank. Prepaid debit cards can be used to make payments online and in-store.

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

this lending institution does not offer loan forgiveness. They do offer loan consolidation, which gives the borrower a single monthly payment plan with a lower interest rate. Loan forgiveness may be available for certain types of loans if the borrower meets certain criteria, such as completing a certain number of payments or working in a public service job for a specific number of years.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? Yes

How to Apply

You can apply for a loan online, over the phone, or in person. Some lenders also have mobile apps that you can use to apply for a loan. You may be able to get a loan with a cosigner.

Question Answer
Can I apply for a loan online? 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.

LIFTFUND 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 LIFTFUND 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.