What does LUCKMORE mean on my credit report?
Learn about LUCKMORE, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is LUCKMORE?
LUCKMORE is shorthand for Luckmore Finance, with the company name being Luckmore Finance Inc
Since 1964 we have helped people with all kinds of credits, obtain approvals for the loans they need. The luckmore finance has built an excellent relationship based connection with generations of new orleans families. We offer a broad range of loan services to the greater new orleans area.
LUCKMORE 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 Luckmore Finance.
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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 Luckmore Finance:
Address:
- 2401 Veterans Blvd, Suite 15 Kenner, LA 70062
Website:
Email:
Phone:
Payments
payment is not made through Luckmore Finance. Luckmore Finance offers a monthly payment plan. refunds must be requested directly from the merchant or financial institution that you made the payment to. customers can make payments over the phone by contacting one of Luckmore’s two financial specialist locations. you can make payments online with Luckmore Finance. Luckmore offers a discount for automatic payments.customers can pay with a check or money order. Luckmore Finance offers mobile payment options. missed or late payments may come with penalties such as a late fee and additional interest charges. Luckmore Finance accepts prepaid debit cards as a payment method. Luckmore Finance offers a payment option via wire transfer.
| 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? | 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
loan forgiveness is not offered by this institution, but they offer loan consolidation. Loan forgiveness requires certain qualifications to be met, such as being enrolled in an income-driven repayment plan and having made payments for a certain amount of time, but the specifics vary depending on the type of loan. Contact Luckmore Finance to find out more.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
you can apply for a loan online, in person, or using a mobile app with Luckmore Finance. You cannot apply for a loan over the phone. You may apply for a loan with 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 |
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 LUCKMORE 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.
