What does NORTH STATE ACCEPTANCE mean on my credit report?
Learn about NORTH STATE ACCEPTANCE, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is NORTH STATE ACCEPTANCE?
NORTH STATE ACCEPTANCE is shorthand for North State Acceptance LLC, with the company name being North State Acceptance LLC Inc
North State Acceptance has served our customers since 1997, over this period we have developed a philosophy of exceptional customer care working directly with automotive dealerships throughout seven countries on flexible and competitive lending plans. We also provide personal loans to individuals in our communities who need money for emergencies, tuition, or any other situation life may throw at them.
NORTH STATE ACCEPTANCE 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 North State Acceptance LLC.
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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 North State Acceptance LLC:
Address:
- 4709 Hargrove Rd Raleigh NC 27616
Website:
Email:
Phone:
Payments
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | No |
| Can I make payments online? | No |
| 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? | No |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
North State Acceptance does not offer loan forgiveness or consolidation. You must be at least 18 years old, currently employed full time with verifiable net income of at least $1500 per month, live within 50 miles of a North State Acceptance branch, not be in a bankruptcy plan, have a clear auto title or have equity in your current loan, and not have a salvaged title or inoperable vehicle to qualify for loan forgiveness.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
you cannot apply for a loan online, over the phone, or in person. North State Acceptance offers loan applications online as well as through their 10 branch offices. North State Acceptance allows individuals to apply for a loan with a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | No |
| Can I apply for a loan over a phone call? | No |
| Can I apply for a loan in person? | No |
| 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 NORTH STATE ACCEPTANCE 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.