Credit Reporting

IAC considers it a privilege in serving part of your financial needs. We take our relationship with you very seriously and have enjoyed over 50 years in business as a result.

As you know, or in case you didn’t know, your payment activity and history is reported to the credit reporting agencies. This information is used in calculating your FICO score. This “score” is used by Banks, Retailers, Finance Companies, Credit Unions, Employers, Landlords, Insurance Companies and a host of other Companies that may be willing to extend you credit or consider you for employment or rent you an apartment. Your FICO score is probably the single most influential factor in determining whether your worthy of credit.

Therefore, it is very important for you to continue to make your payments by the scheduled due date. By doing so, your credit score can rise and you can qualify for better interest rates when applying for a mortgage or shopping for a car.

If you are trying to establish or reestablish your credit, by keeping your IAC account in good standing, your “score” will rise. If you miss a payment, or your account becomes delinquent, your “score” will fall and jeopardize your ability to get credit in the future.

In light of what’s occurring in the marketplace regarding sub prime mortgages and foreclosures, it is very important for you to be aware of not only your IAC account but all of your credit accounts, particularly during this Holiday Season, use your credit wisely.

We are committed to providing you with the best possible service and working with you in the months and years to come. If you are interested in learning about some of the tools to make bill paying easier and more convenient while improving your credit score please feel free to call 800.682.6979 or 203.772.0220 and speak with one of our customer service professionals. Furthermore, if you dispute or have any question as it relates to your account do not hesitate to call.

Don’t be afraid to pick up the phone and call if you are having a difficult time making your payment.