What does WELTWEINREIS mean on my credit report?

Learn about WELTWEINREIS, 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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WELTWEINREIS is shorthand for Weltman Weinberg & Reis Co, with the company name being Weltman Weinberg & Reis Co Inc

Since 1930, we have provided our customers with the type of leadership that stands out in our industry. In addition, we have the Pioneers to prove it. Weltman, Weinberg & Reis Co., LPA was initially formed in 1930 as Gardner & Spilka. However many would claim that our partnership really began in 1962 when Robert Weltman joined the firm at the invitation of his father Maurice. The results were unsurpassed, and the Firm’s Clients, including banks and other lenders, had never seen such a successful recovery of their receivables.

WELTWEINREIS 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 Weltman Weinberg & Reis Co.

  • ⚫ 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 Weltman Weinberg & Reis Co:


  • PO Box 93784 Cleveland, OH 44101-5784





You can make a payment online, over the phone, or through a mobile app. If you’re paying with a check or money order, you can make the payment using a wire transfer. There are penalties for late or missed payments, which may include increased interest rates, late fees, and legal action.

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

Weltman, Weinberg, and Reis is a debt collection law firm that does not offer loan forgiveness or consolidation. They are based in Cleveland, Ohio and have an A+ rating from the Better Business Bureau. Services they offer include representing creditors in consumer and commercial collections, bankruptcy, and defaulted real estate cases. If Weltman, Weinberg, and Reis have already filed a judgment against you, Tayne Law Group may be able to help by negotiating or filing legal documents to get the debt collection accounts resolved.

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, over the phone, or using a mobile app. In-person applications are no longer possible due to the COVID-19 pandemic. A cosigner may be used to apply for a loan.

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

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 WELTWEINREIS 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.