What does WORTH FINANC mean on my credit report?
Learn about WORTH FINANC, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WORTH FINANC?
WORTH FINANC is shorthand for Worth Finance, with the company name being Worth Finance Inc
From its humble beginnings in Austin, Worth Finance Corporation grew to 24 offices and serves the financial needs of about 30,000 Texas residents from time to time. We offer safe and affordable solutions for those unexpected expenses that we all experience from time to time. We know you’re “worth” it". “We offer a fast and easy loan experience and treat our customers with the respect and dignity they deserve.”
WORTH FINANC 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 Worth Finance.
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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.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Worth Finance:
Address:
- 5819 Weber Rd, Corpus Christi, TX 78413
Website:
Email:
Phone:
Payments
Worth Finance Corporation offers many options for making payments, including over the phone, online, and through a mobile app. There are no penalties for late or missed payments. Wire transfers and prepaid debit cards are also accepted.
| 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
The company does not offer loan forgiveness or consolidation. If you want to qualify for loan forgiveness, it will depend on the type of loan and the lender.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You can apply for a loan online, in person, or using a mobile app through Worth Finance Corporation. You may also apply for a loan with a cosigner. Worth Finance Corporation has been providing friendly, approachable financing to Texas consumers for over 45 years and have multiple service centers to assist customers.
| 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? | Yes |
| 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 WORTH FINANC 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.