What does SOLAR MOSAIC mean on my credit report?
Learn about SOLAR MOSAIC, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is SOLAR MOSAIC?
SOLAR MOSAIC is shorthand for Mosaic Inc, with the company name being Mosaic Inc Inc
We are guided by our Founding Vision - 100% Clean Energy for All. We believe that every home plays a key role in combating climate change. Our Core Capabilities empower our Mission - Empower Millions of People to Prosper By Creating The Best Way To Finance Clean Energy. Powerful Network Of Contractors And Homeowners We Have Long Term Relationships With Industry Leaders And A Diverse Network Of Partners
SOLAR MOSAIC 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 Mosaic Inc.
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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
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⚫ The average account balance is $16300.
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⚫ The average high credit balance is $24600.
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⚫ The average monthly repayment is $200.
The account is classified under the following METRO2 categories:
- ⚫ Secured
How do I contact them?
Here is the current contact details for Mosaic Inc:
Address:
- 4150 N. Drinkwater Blvd. STE 200 Scottsdale, AZ 85251
Website:
Email:
Phone:
Payments
Mosaic offers different payment options such as through their mobile app, online, or through a third party financing company. There may be penalties for late or missed payments. You can make a payment using a prepaid debit card, wire transfer, or check/money order.
| 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
loan forgiveness is not explicitly offered. However, loan consolidation is an option through Solar Mosaic LLC and its lending/financing partners.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
Mosaic is a platform that allows you to apply for a loan online, through a mobile app, or in person. Loans are originated by Solar Mosaic LLC or one of its lending/financing partners. You can 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? | Yes |
| 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 SOLAR MOSAIC 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.