What does RKL FINC CO mean on my credit report?
Learn about RKL FINC CO, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is RKL FINC CO?
RKL FINC CO is shorthand for RKL, with the company name being RKL Inc
MissionTo enrich the lives of our customers, team members and the community. Our vision RKL aims to become a cooperative organization working for the joint success and benefit of all, our customers, our teams and our community. With our approach to be practical, honest and always to focus on you, there is a better way to reach the next level. We are here to help.
RKL FINC 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 RKL.
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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 RKL:
Address:
- 1800 Fruitville Pike Lancaster, PA 17601
Website:
Email:
Phone:
Payments
RKL Virtual Management Solutions offers many payment options such as debit or credit cards, electronic funds transfers, and PayPal. Payment refunds can be requested from the retailer or card issuer from whom payment was made. clients can make payments online with RKL Virtual Management Solutions. RKL Virtual Management Solutions enables organizations to make payments using a mobile app. You can make a payment using a prepaid debit card. Payments can be made using wire transfer.
| 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
they do not offer loan forgiveness or consolidation. To qualify for loan forgiveness, borrowers must usually meet certain requirements, such as working in a certain profession, making a certain number of on-time payments, or working for an approved employer. Additionally, borrowers must be enrolled in an eligible repayment plan.
| 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 through RKL. You can, however, 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? | No |
| 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 RKL FINC 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.