What does A-1 LOAN CO mean on my credit report?

Is A-1 LOAN CO making an impact on your credit score?

Updated January 1, 2023
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What is A-1 LOAN CO?

A-1 LOAN CO is a Loan Provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with .

  • ⚫ 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 :

Address:

  • 1908 N Classen, Oklahoma City, Oklahoma 73106, United States

Website:

Phone:

Payments

A1 Loan Co. offers online payments with a $3.00 convenience fee. You will need the following information: Branch/Store Name, Customer First and Last Name, Customer Account Number, Debit Cardholder Name, Debit Cardholder Address and Debit Card Info. You can also call the store for curbside assistance during the COVID-19 pandemic. Penalty fees may be incurred for late or missed payments.

Question Answer
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

A1 Loan Company offers signature loans up to $1800.00 and they accept online payments. They are taking the COVID-19 seriously and offer curbside assistance for their customers. To qualify for loan forgiveness, you must pay your loan within the first 30 days to receive interest-free financing. Additionally, A1 Loan Company offers signature loans up to $1800.00, and they take many factors into consideration when assessing credit. They also accept online payments and have implemented measures to ensure customer safety during the COVID-19 pandemic.

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

How to Apply

A1 Loan Co offers signature loans up to $1800, which can be applied for online, over the phone, or in person. They are taking the COVID-19 pandemic seriously and offer curbside assistance. You can also use their mobile app 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? Yes
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

SmartCredit Report Example

  • This is an example of what this creditor will look like on your SmartCredit report.

A-1 LOAN CO SmartCredit 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.

What is a Loan Provider?

A loan provider is a bank or financial organization that can provide loans. In order to apply for a loan they will run a hard inquiry on your credit account which will negatively impact your credit report. They may make mistakes in their reporting, so if it says that you have missed a payment and you haven’t then if you take the correct action you will be able to remove the late repayment from your credit profile.

How do I remove A-1 LOAN CO 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.