What does PLAIN GREEN mean on my credit report?
Learn about PLAIN GREEN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is PLAIN GREEN?
PLAIN GREEN is shorthand for Plain Green LLC, with the company name being Plain Green LLC Inc
PLAIN GREEN 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 Plain Green 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.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
- ⚫ Unsecured
How do I contact them?
Here is the current contact details for Plain Green LLC:
Website:
Payments
You can make a payment for a Plain Green Loan by submitting a loan application. Eligibility and ability to repay is determined by using national databases. The maximum loan amount for an initial loan is $1,000 and loans that are approved and accepted before 11:30 a.m. Eastern Time will be funded the same day.Plain Green does not offer a monthly payment plan. To apply for a loan, you must meet certain requirements and submit an application. Loans that are approved and accepted before 11:30 a.m. Eastern Time (Monday–Friday, excluding bank holidays) will be funded the same day, while loans accepted after 11:30 a.m. Eastern Time (Monday–Friday, excluding bank holidays) and before 6:00 p.m. Eastern Time (Monday–Friday) will be funded the following business day. The maximum loan amount is $1,000.You can make payments online. Your application will be verified through national databases and you may need to provide additional information before your loan is finalized.There are penalties for late or missed payments. If a payment is missed or late, it is subject to the terms of the loan agreement.Plain Green, LLC is a tribal lender that provides loans with complete disclosures of APR, fees, and payment terms. You can submit an application and your bank routing and account numbers for verification before the loan is approved and accepted. Payments can be made using prepaid debit cards or wire transfers.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | No |
| 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
Plain Green LLC does not offer loan forgiveness or consolidation. To qualify for loan forgiveness, applicants must provide complete disclosures of APR, fees, and payment terms in the Loan Agreement and have their information verified through national databases.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You can apply for a loan from Plain Green, LLC online, through their mobile app, or with a cosigner. Loans are typically approved the same day if applied for before 11:30 a.m. Eastern Time (Monday–Friday, excluding bank holidays), or the following business day if applied for after 11:30 a.m. Eastern Time (Monday–Friday, excluding bank holidays). The maximum loan amount for the initial loan is $1,000, and the APR, fees, and payment terms are fully disclosed in the Loan Agreement. Applicant information is verified through national databases and credit is pulled to determine eligibility and ability to repay.
| 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? | 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 PLAIN GREEN 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.
