What does PROF CREDIT mean on my credit report?
Learn about PROF CREDIT, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is PROF CREDIT?
PROF CREDIT is shorthand for Professional Credit, with the company name being Professional Credit Inc
Company’s culture is based on the ideals of professionalism, innovation and constant development. We can boast about yielding better returns for our clients than the average rates of inflation.
PROF CREDIT 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 Professional Credit.
-
⚫ You opened a credit card / loan / mortgage with this company.
-
⚫ Someone fraudulently opened a credit line under your name.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Professional Credit:
Address:
- 400 International Way STE 100 Springfield, OR 97477 USA
Website:
Email:
- [consumer-helpdesk@professionalcredit.com sales@professionalcredit.com](mailto://consumer-helpdesk@professionalcredit.com sales@professionalcredit.com)
Phone:
Payments
Professional Credit Collections offers online payments and has a dedicated Client Success Team to ensure that challenges are quickly addressed. There are penalties for late or missed payments.
| 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? | No |
| Can I make a payment using a prepaid debit card? | No |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
Professional Credit does not offer loan forgiveness or consolidation. Loan forgiveness qualifications vary and depend on the specific loan agreement and lender.
| 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. Professional Credit Service received information including, but not limited to: your name, phone number, mailing and residential address(es), date of birth, social security number, creditor name, account balance, email address, and payment history. They may also collect information about your computer hardware and software when you visit their website.
| 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? | No |
| Can I apply for a loan with a cosigner? | No |
SmartCredit Report Example
- This is an example of what this creditor will look like on your SmartCredit 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 PROF CREDIT 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.