What does NAVITAS CREDIT CORP mean on my credit report?

Learn about NAVITAS CREDIT CORP, 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 NAVITAS CREDIT CORP?

NAVITAS CREDIT CORP is shorthand for Navitas Credit Corp, with the company name being Navitas Credit Corp Inc

NAVITAS CREDIT CORP 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 Navitas Credit Corp.

  • ⚫ 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 Navitas Credit Corp:

Address:

  • 203 Fort Wade Road Suite 300 Ponte Vedra, FL 32081

Website:

Email:

Phone:

Payments

Navitas offers custom payment solutions to make payments easy, convenient, and affordable. This includes a monthly payment plan, online payments, automatic payments, wire transfers, and more. 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? 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

Navitas does not offer loan forgiveness or consolidation. Loan forgiveness is not related to the products and services offered by Navitas.

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

How to Apply

Navitas offers convenient and affordable equipment financing options for buyers and sellers. This includes customized payment solutions, simple to use technology tools, and quality customer care. You can apply for a loan online, over the phone, or in person. You can also use a cosigner if needed.

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 NAVITAS CREDIT CORP 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.