What does UNITED TELETECH FIN FC mean on my credit report?

Updated January 1, 2023

What is UNITED TELETECH FIN FC?

UNITED TELETECH FIN FC is shorthand for United Teletech Financial, with the company name being United Teletech Financial Inc

UNITED TELETECH FIN FC is a Creditor provider. They could be on your report for a number of reasons, for example:

• ⚫ You missed a repayment.

• ⚫ You opened an account with United Teletech Financial.

• ⚫ You opened a credit card / loan / mortgage with this company.

• ⚫ Someone fraudulently opened a credit line under your name.

About the account

• ⚫ The average high credit balance is $13600.

The account is classified under the following METRO2 categories:

• ⚫ Unsecured
• ⚫ Auto Loan

How do I contact them?

Here is the current contact details for United Teletech Financial:

Address:

• 3636 Highway 33 Neptune, NJ 07753

Website:

• utfinancial.org

Phone:

• 732-530-8100

Payments

Question	Answer
Do they offer a monthly payment plan?	Yes
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?	No
Can I make a payment using a wire transfer?	No

Forgiveness and Cancellation

There are three main ways to qualify for student loan forgiveness: working in public service, through an income-driven repayment plan, or by repaying your loans in full. You may also be able to consolidate your loans or enroll in a loan rehabilitation program.

Question	Answer
Do they offer loan forgiveness?	No
Do they offer loan consolidation?	Yes

How to Apply

you cannot apply for a loan online, over a phone call, in person, or using a mobile app. You may be able to 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 UNITED TELETECH FIN FC 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.

• Sample Equifax Dispute Letter
• Sample Experian Dispute Letter
• Sample TransUnion Dispute Letter