What does SUN FIN SC mean on my credit report?
Learn about SUN FIN SC, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is SUN FIN SC?
SUN FIN SC is shorthand for Sun Finance Company, with the company name being Sun Finance Company Inc
SUN FIN SC 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 Sun Finance Company.
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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 high credit balance is $3700.
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⚫ The typical loan duration is 24 months.
The account is classified under the following METRO2 categories:
- ⚫ Secured
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Sun Finance Company:
Address:
- 3525 N. Causeway Blvd. Suite 900, Metairie, LA 70002
Website:
Email:
Phone:
Payments
There are several ways to make payments - online, by mail, or in person. Online payments can be made through secure payment portals. Payments by mail should be sent to the specified address and include the invoice number. In-person payments can be made by cash, check, or credit card. You can also make payments using a mobile app. There are no 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? | Yes |
| Can I make a payment using a prepaid debit card? | No |
| 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, you must be employed full-time in an eligible public service job for 10 years while making 120 qualifying payments on a Direct Loan or Federal Family Education Loan (FFEL). Your 120 qualifying payments must have been made after October 1, 2007, and must have been made under an income-driven repayment plan, or any repayment plan if you have a Direct Consolidation Loan.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
you cannot apply for a loan online. You can, however, apply for a loan over the phone by calling 504-837-9400. Many banks and lenders offer mobile loan applications that allow you to apply for a loan quickly and conveniently without a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | No |
| Can I apply for a loan over a phone call? | Yes |
| 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? | No |
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 SUN FIN SC 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.
