What does MIDSOUTH ADJ mean on my credit report?
Learn about MIDSOUTH ADJ, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is MIDSOUTH ADJ?
MIDSOUTH ADJ is shorthand for Mid-South Adjustment Co Inc, with the company name being Mid-South Adjustment Co Inc Inc
Mid-South uses a time controlled access system, requiring a separately coded and individually valid password for each employee’s entrance into and departure from the building. Our system generates audit logs for each employee to record when they access and leave the floor. Data centre and server staff require an extra security clearance for entry.
MIDSOUTH ADJ 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 Mid-South Adjustment Co Inc.
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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 Mid-South Adjustment Co Inc:
Address:
- 11701 I-30, Suite 205 Little Rock, AR 72209
Website:
Phone:
Payments
There are many ways to make a payment, including online, over the phone, and through a mobile app. You can also use a prepaid debit card, wire transfer, or check/money order. There is a discount for automatic payments, and penalties for late or missed payments.
| 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
ABC Financial Services does not offer loan forgiveness. They do offer loan consolidation, which allows customers to reduce their payments by combining several loans into one. Loan forgiveness may be available for borrowers who meet certain criteria, such as making a certain number of on-time payments, having the right type of loan, and meeting income-based repayment plans.
| 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. A cosigner may be required.
| 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 |
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 MIDSOUTH ADJ 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.