What does TRANSCON FINANCIAL INC mean on my credit report?
Learn about TRANSCON FINANCIAL INC, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is TRANSCON FINANCIAL INC?
TRANSCON FINANCIAL INC is shorthand for Transcon Financial Inc, with the company name being Transcon Financial Inc Inc
TRANSCON FINANCIAL INC 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 Transcon Financial 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.
How do I contact them?
Here is the current contact details for Transcon Financial Inc:
Address:
- 14718 Pipeline Ave STE B, Chino Hills, CA 91709, United States
Website:
Phone:
Payments
contact Transcon Financial Inc. to make a payment by calling 909-219-6008 or to set up a meeting to discover the best path to collect what is rightfully yours. Transcon Financial Inc. does not offer a monthly payment plan, but they may be able to help with a refund for payments. They only accept payment on a contingency basis and state there are potential 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? | No |
| Do they offer a discount for automatic payments? | No |
| Can I make a payment using a mobile app? | No |
| Can I make a payment using a prepaid debit card? | Yes |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
Transcon Financial Inc. does not offer loan forgiveness or consolidation. They offer services related to collection, such as workers’ compensation, personal injury medical lien collections, asset research, consumer and commercial collections, and more.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
Transcon Financial Inc. does not offer online loan applications, over the phone, in person, or with a cosigner. They do provide specialized collection services that customers must sign up for in person.
| 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? | No |
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 TRANSCON FINANCIAL INC 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.