What does PROF FIN CO mean on my credit report?
Learn about PROF FIN CO, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is PROF FIN CO?
PROF FIN CO is shorthand for Professional Finance Company, with the company name being Professional Finance Company Inc
Since 1904, we have been working together Recovering TogetherOur history PFCUSA is an accounting firm based in Greeley, CO. Thousands of national customers rely on us to collect receivables and run their early pay programs Self Pay Programs
PROF FIN CO 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 Finance Company.
-
⚫ You opened a credit card / loan / mortgage with this company.
-
⚫ Someone fraudulently opened a credit line under your name.
About the account
-
⚫ The average account balance is $800.
-
⚫ The average high credit balance is $800.
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 Finance Company:
Address:
- 5754 West 11th Street Suite 100 Greeley, CO 80634
Website:
Email:
Phone:
Payments
PFC offers a variety of payment options for consumers to address their debt obligations. These payment options include online payment, credit card, wire transfer, and money order. PFC also offers a monthly payment plan to help consumers better understand and address their financial obligations to their creditors. PFC is a leading accounts receivable management agency and is compliant with FDCPA, TCPA, and HIPAA regulations. The company offers professional, courteous, and understanding customer service to help consumers resolve their debt.
| 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 or consolidation. Loan forgiveness is not related to PFC, a company that specializes in accounts receivable management.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
PFC does not offer loan services. You cannot apply for a loan in person or over the phone, but you can apply for a loan through their consumer website or mobile app. Some loan providers may allow you 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 |
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 FIN 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.