What does WE FINANCE mean on my credit report?
Learn about WE FINANCE, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WE FINANCE?
WE FINANCE is shorthand for We Finance Inc, with the company name being We Finance Inc Inc
WE FINANCE 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 We Finance Inc.
-
⚫ You opened a credit card / loan / mortgage with this company.
-
⚫ Someone fraudulently opened a credit line under your name.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for We Finance Inc:
Address:
- 1701A Santa Rosa Ave. | Santa Rosa, CA 95404
Website:
Email:
Phone:
Payments
You can make a payment by contacting the office at 707-584-4200 and requesting a authorization form to run a debit/credit card with a visa/mastercard logo on a specified date each month. You can also contact the office for a payment history and request a payoff on the account. We Finance Inc. offers a monthly payment plan. A late fee of 5% of your payment is applied when your account becomes 11 days past due. You can make a payment using a mobile app by contacting the office to request an authorization form that will allow We Finance Inc. to run a debit/credit card with a visa/mastercard logo on a specified date each month. Wire transfer is also an option for payment.
| 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? | Yes |
| 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
loan forgiveness is not offered. We Finance Inc. does not offer loan consolidation.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
you can apply for a loan online, and you can apply for a loan using a mobile app. WE FINANCE INC. offers a secure payment option with a debit or credit card, and you can make your payment by calling 584-4200.
| 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? | No |
| 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 WE FINANCE 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.