What does LONGHORN FIN mean on my credit report?

Learn about LONGHORN FIN, 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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What is LONGHORN FIN?

LONGHORN FIN is shorthand for Longhorn Holdings LLC, with the company name being Longhorn Holdings LLC Inc

Jones held his own business training program at The Bunker, which was led by Phil Testa, Rob Brown, and others. His two young children had to attend public school while he concentrated on his online education.

LONGHORN FIN 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 Longhorn Holdings LLC.

  • ⚫ 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 Longhorn Holdings LLC:

Address:

  • 119 Drum Hill Road, Unit 373 Chelmsford MA 01824

Website:

Email:

Phone:

Payments

You can make a payment using a credit card, debit card, bank account, or PayPal account. You can also make a payment over the phone or online. There are a variety of payment options to fit your budget and preference. If you’re entitled to a refund, you can contact the retailer or manufacturer and ask for a refund. You may need to provide evidence of purchase, such as a receipt or bank statement. Payments can be made using a mobile app. Late or missed payments may result in penalties, such as late fees, increased interest rates, or higher minimum payments. Prepaid debit cards are a convenient and secure way to pay for goods and services. Wire transfers are a secure and reliable way to send money from one bank account to another, often with same-day delivery.

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 company. Loan forgiveness can be achieved by qualifying through certain means and consolidating multiple loans into one.

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. You can also apply for a loan using a mobile app. If you have a cosigner, you may be able to get a loan with a lower interest rate.

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

SmartCredit Report Example

  • This is an example of what this creditor will look like on your SmartCredit report.

LONGHORN FIN SmartCredit 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 LONGHORN 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.