What does CASH TIME TITLE LOANS mean on my credit report?

Is CASH TIME TITLE LOANS making an impact credit score?

Updated May 1, 2022

What is CASH TIME TITLE LOANS?

CASH TIME TITLE LOANS is shorthand for Cash Time Loan Centers, with the company name being Cash Time Loan Centers LLC

Owned locally by members of Arizona’s Cash Times Corporation, with corporate offices located in Scottsdale, AZ, Cash Time has provided more than $300 million in payday loans to over 500,000 households.

CASH TIME TITLE LOANS 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 Cash Time Loan Centers.

  • ⚫ 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:

  • ⚫ Secured

How do I contact them?

Here is the current contact details for Cash Time Loan Centers:

Address:

  • 2612 N. 16th St., Phoenix, AZ 85006, United States

Website:

Email:

Phone:

  • (602) 433-4090

SmartCredit Report Example

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

CASH TIME TITLE LOANS 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 CASH TIME TITLE LOANS 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.