What does REDHILLFIN mean on my credit report?

Learn about REDHILLFIN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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REDHILLFIN is shorthand for Red Hill Financial, with the company name being Red Hill Financial Inc

Born out of the acquisition of NH-Accounting Company, LLC, we dedicate ourselves to providing a level of personal service you would expect from a large firm. Our managing member, Michael Lilley, is a certified accountant with 30+ years of experience working in both the public and private sector. Mike holds bachelor’s degrees in engineering and accounting, as well as an MBA, from Worcester Polytechnic Institute and Bryant College. He has been granted several professional credentials by various states.

REDHILLFIN 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 Red Hill Financial.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

  • ⚫ The average high credit balance is $1100.

  • ⚫ The typical loan duration is 12 months.

How do I contact them?

Here is the current contact details for Red Hill Financial:


  • 3 N. Spring St., Suite 101 Concord, NH 03301





Red Hill Financial offers various payment options, including online and mobile payments, as well as bank account reconciliation services that may enable customers to make payments using wire transfers. There may be penalties for late or missed payments depending on the policies of the particular business.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? Yes
Can I make payments online? Yes
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

The company offers loan consolidation but does not offer loan forgiveness. To qualify for loan forgiveness, you must meet certain requirements, such as making on-time, full payments for a certain period of time. You may also need to be employed within a specific field, such as teaching, public service, or health care. In addition, you must be making payments using an income-driven repayment plan.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? Yes

How to Apply

Red Hill Financial offers the ability to apply for a loan online, over the phone, or using a mobile app. You may also apply for a loan with a cosigner.

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.

REDHILLFIN 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 REDHILLFIN 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.