What does VERICREDSOL mean on my credit report?

Learn about VERICREDSOL, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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VERICREDSOL is shorthand for VeriCred Solutions LLC, with the company name being VeriCred Solutions LLC Inc

Welcome to Vericredit Solutions LLC At Vericredit Solutions LLC, our motto is “Performance”, “Compliance” and “Security”. You can feel the best customer experience with detailed attention to the recovery of your capital. This high recovery rate will never be at the expense of compliance or your data security. We have extensive experience and specialize in the following sectors: telecommunication, medical, student loan, payday loan, homeowners association and retail.

VERICREDSOL 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 VeriCred Solutions LLC.

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

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

How do I contact them?

Here is the current contact details for VeriCred Solutions LLC:


  • 599 Topeka Avenue Suite 700 Castle Rock, CO 80109





Vericred Solutions LLC offers convenient payments and provides access to view any and all of your accounts through their online client portal. they do not offer a monthly payment plan. Vericred Solutions LLC provides convenient payments over the phone. Vericred Solutions LLC offers convenient online payment options and utilizes highly sophisticated collections software for data security. they do not offer a discount for automatic payments. Vericred Solutions LLC provides convenience payments along with other payment options such as using a check or money order. Vericred Solutions LLC offers payment services through their client portal and mobile app. there are no penalties for late or missed payments. Vericred Solutions LLC accepts payment through prepaid debit cards and provides secure online payment options for clients. Vericred Solutions LLC offers wire transfer as a payment option.

Question Answer
Do they offer a monthly payment plan? No
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

Vericred Solutions LLC does not offer loan forgiveness or consolidation.

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

How to Apply

you cannot apply for a loan online, over the phone, or in person. Vericred Solutions LLC specializes in recovering accounts receivables and offers services in the sectors of Telecom, Medical, Student Loan, Payday Loan, Homeowners Association, and Retail but does not offer loan applications. The company provides services such as finance, telco, medical, student loan, HOA, and client login, but it does not offer a mobile loan application service.

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

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 VERICREDSOL 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.