What does A&M FINANCE mean on my credit report?

Learn about A&M FINANCE, an mortgage provivder offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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What is A&M FINANCE?

A&M FINANCE is shorthand for 21st Mortgage Corporation, with the company name being 21st Mortgage Corporation LLC

A&M FINANCE is a Mortgage Provivder provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with 21st Mortgage Corporation.

  • ⚫ 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:

  • ⚫ Auto
  • ⚫ Auto Loan

How do I contact them?

Here is the current contact details for 21st Mortgage Corporation:


  • 620 Market St, Knoxville, TN 37902, USA





21st Mortgage offers several methods for making payments on your manufactured or mobile home loan, including automatic draft, online bill pay through a bank account, online payment, and payment by phone. You can also make a payment using a wire transfer, prepaid debit card, or cashier’s check. Late or missed payments may incur penalties. For more information, contact 21st Mortgage’s customer service team.

Question Answer
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

21st Mortgage Corporation does not offer loan consolidation. They specialize in manufactured home loans with fixed rates and no pre-payment penalties. Loan programs include financing for new and used manufactured homes, permanent or nonpermanent foundations, and primary, secondary, investment, and “Buy-For” transactions. Down payments are required for home loans, and other loan requirements are available on their website. Loan forgiveness can be granted for those who qualify. To qualify for loan forgiveness, applicants must meet certain criteria, such as credit score requirements, debt-to-income ratio, home loan amount, down payment, interest rates, loan terms, age of home, and private mortgage insurance. Additionally, applicants must provide documents such as an appraisal, termite letter, survey, and homeowners insurance. It is also important to note that the applicant must purchase a mobile or manufactured home through an approved retailer. The loan application process, closing fees, and loan closing process may vary depending on individual circumstances.

Question Answer
Do they offer loan consolidation? No

How to Apply

It is possible to apply for a loan online, over the phone, or in person. Applying for a loan with a cosigner is also an option. 21st Mortgage Corporation is a full service lender specializing in manufactured home loans.

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&M FINANCE 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.

How do I remove A&M 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.