What does ADSN BROS mean on my credit report?
Learn about ADSN BROS, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.
What is ADSN BROS?
ADSN BROS is shorthand for Anderson Brothers Bank, with the company name being Anderson Brothers Bank
ADSN BROS 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 Anderson Brothers Bank.
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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.
How do I contact them?
Here is the current contact details for Anderson Brothers Bank:
Address:
- 101 N. Main Street
PO Box 310
Mullins, SC 29574
Website:
Email:
Phone:
Payments
You can make a payment by using the automated payment line 844-809-2457 and providing your Account number and your last 4 SSN. You may also call the Customer Care Center at 800-645-8081, option 3 and speak with a customer care specialist. There is no fee to make your payment.To request a payment refund you can call the Customer Care Center.you can make payments over the phone by calling our automated payment line 844-809-2457, by calling our Customer Care Center at 800-645-8081, option 3, or by using our mobile app.they offer a discount for automatic payments.You can make a payment using a mobile app. Payments can also be made using our automated payment line, customer care center, or other methods.there are penalties for late or missed payments. These include a late fee and possible additional interest charges.You can make a payment using a wire transfer by calling our Customer Care Center at 800-645-8081, option 3, and speaking to a customer care specialist. There is no fee to make the payment.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | Yes |
| 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? | No |
Forgiveness and Cancellation
Anderson Brothers Bank offers several ways to make loan payments such as through their automated payment line or by speaking with a customer care specialist. They do not offer loan forgiveness. NA
| Question | Answer |
|---|---|
| Do they offer loan consolidation? | No |
How to Apply
It is possible to apply for a loan with Anderson Brothers Bank online, over the phone, or in person. There is also a mobile app available. It may be possible to apply for a loan with a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | Yes |
| Can I apply for a loan over a phone call? | No |
| Can I apply for a loan in person? | No |
| 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 ADSN BROS 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.