What does PEOPLES CREDIT CO mean on my credit report?
Learn about PEOPLES CREDIT CO, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is PEOPLES CREDIT CO?
PEOPLES CREDIT CO is shorthand for Peoples Credit Co Inc, with the company name being Peoples Credit Co Inc Inc
PEOPLES CREDIT CO 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 Peoples Credit 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 Peoples Credit Co Inc:
Address:
- 532 N Main Ave, Gresham, OR 97030, United States
Website:
Email:
- [payments@peoplescredit.com legal@peoplescredit.com](mailto://payments@peoplescredit.com legal@peoplescredit.com)
Phone:
Payments
you can make a payment online, by phone, or in person with cash, check, or credit card. The company offers a monthly payment plan and refunds can be requested by contacting customer service. Other payment options include using a check or money order. Mobile app payment is possible and there are no penalties for late or missed payments. Prepaid debit cards and wire transfers are also accepted.
| 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
they do not offer loan forgiveness. However, Bank X offers loan consolidation services to help customers simplify their payments and minimize their interest rates. To qualify for loan forgiveness, you must meet certain criteria such as making 120 payments consecutively or working full-time for a qualifying employer for a specific amount of time. It is important to check with your loan servicer for their specific requirements and to complete the necessary paperwork to be considered for loan forgiveness.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
It is possible to apply for a loan online, over the phone, or in person. Apps and cosigners are available as well.
| 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 PEOPLES CREDIT CO 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.