What does SUNSETFIN mean on my credit report?
Learn about SUNSETFIN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is SUNSETFIN?
SUNSETFIN is shorthand for Sunset Finance, with the company name being Sunset Finance Inc
The name “Sunset” was recommended for many years by our founder’s wife of many years, each Sunset Management Branch Makes Consumer Loans to Individuals on an Installment Basis and Offers Personal Tax Preparation. After 20 plus years, Sunset Management, Inc. is still a family owned business, with more than 50 years of combined experience in the consumer finance industry. Being an experienced family-owned business, we are able to approach our customers on a personal level, which other companies often overlook, and also allow us the ability to make quick business decisions to help our current and potential customers.
SUNSETFIN 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 Sunset Finance.
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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
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Sunset Finance:
Address:
- 1608 Richland Ave Suite 240 Aiken, SC 29801
Website:
Phone:
Payments
payments can be made online, over the phone, and using a mobile app. Other payment options include using a check or money order, as well as a prepaid debit card or wire transfer. Depending on the loan terms and conditions, there may be penalties for late or missed payments.
| 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 a form of debt relief in which a borrower is not required to pay back all or part of the loan amount.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
It is possible to apply for a loan online, in person, and using a mobile app. Applying for a loan over the phone is not possible. It is possible to 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 SUNSETFIN 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.