What does 1ST COAST mean on my credit report?
Learn about 1ST COAST, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.
What is 1ST COAST?
1ST COAST is shorthand for First Texas Auto Credit, with the company name being First Texas Auto Credit LLC
1ST COAST is a Bank 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 First Texas Auto Credit.
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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
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for First Texas Auto Credit:
Address:
- 635 Fritz Dr #210, Coppell, TX 75019, United States
Website:
Email:
Phone:
Payments
First Texas Auto Credit offers a variety of payment options, such as online payments, mobile app payments, phone payments, mail payments, and payments in person. These payment options also include the ability to pay an extra amount to shorten the length of time on the contract and reduce the overall cost. Additionally, First Texas Auto Credit reports to Equifax and TransUnion, so on-time payments can help you establish better credit and reduce interest 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? | 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
To qualify for loan forgiveness with First Texas Auto Credit, you must make on-time payments to establish a better credit history. In addition, paying extra on your loan can reduce accrued interest and shorten the length of your contract.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | Yes |
| Do they offer loan consolidation? | No |
How to Apply
First Texas Auto Credit offers online loan application and payment options, such as online payments, mobile app, phone payments and direct mail payments. They also offer assistance with bad credit and vehicle history reports. It is possible to apply for a loan over the phone with First Texas Auto Credit; they offer a customer service line (469) 637-0100. Additionally, they offer payment options, such as Pay Online, Mobile App, Pay by Phone, Pay by Mail, and Pay in Person. Furthermore, First Texas Auto Credit reports to Equifax and TransUnion, so on-time payments can improve the customer’s credit score. you can apply for a loan in person at First Texas Auto Credit. They offer payment options such as paying online, by phone, by mail, and in person. They also report to Equifax and TransUnion, which can help you improve your credit score by paying on time. you can apply for a loan using a mobile app. First Texas Auto Credit offers an Easy Payment Options page with a “Mobile App” option, which allows you to download the “REPAYit” app to apply for a loan. you can apply for a loan with a cosigner. First Texas Auto Credit reports to Equifax and TransUnion, which allows customers to build their credit history by making on-time payments and reducing the amount of interest accrued on their account.
| 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 |
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.
What is a Bank
A bank is an institution where money is kept for saving or commercial purposes. They are able to offer Loans and Mortgages which means they have the ability to report on your credit. Banks are generally felt as untrustworthy (30% confidence rating in the USA) by the general public. Banks can make mistakes on your credit report which may lower your credit score, potentially damaging your credit report and costing you money.
How do I remove 1ST COAST 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.
