What does AFFINITY BNK mean on my credit report?

Is AFFINITY BNK making an impact on your credit score?

Updated January 1, 2023

What is AFFINITY BNK?

AFFINITY BNK is shorthand for affinity bank, with the company name being affinity bank

Over the course of time we have successfully served small businesses in the Atlanta and southeast region with a full range of financial services, as we expanded our services to individual customers we decided that simply called “affinity bank” works best.

AFFINITY BNK is a Bank provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with affinity bank.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

How do I contact them?

Here is the current contact details for affinity bank:

Address:

  • 400 Galleria Pkwy SE, Atlanta, GA 30339, United States

Website:

Email:

Phone:

Payments

To make a payment, contact the Affinity Bank Client Services Representatives at Toll Free: 866-736-8194 from 9 am – 4 pm ET Monday – Friday Eastern Time. Alternatively, you can use online or mobile banking services to make payments. Affinity Bank offers monthly payment plans. To get a payment refund, contact the client services representatives at 1-866-736-8194 from 9 am – 4 pm ET Monday – Friday Eastern Time. Alternatively, contact onlinesupport@myaffinitybank.com for assistance. you can make payments over the phone by calling 1-866-736-8194 from 9 am – 4 pm ET Monday – Friday Eastern Time. Affinity Bank offers a variety of digital banking services, including remote deposit and mobile deposit, to enable you to make payments online. Affinity Bank does not offer a discount for automatic payments. NA. Affinity Bank offers a variety of payment options, including Digital Banking Login, Remote Deposit Login and payments by check or money order. you can make a payment using a mobile app. Affinity Bank offers Mobile & Remote Deposit which allows for convenient payments. Affinity Bank does not impose penalties for late or missed payments, however clients may accrue interest charges. you can make payments using a prepaid debit card with Affinity Bank. They provide services like Mobile & Remote Deposit, and their client services representatives are available at 1-866-736-8194 from 9 am – 4 pm ET Monday – Friday Eastern Time. you can make a payment using a wire transfer. The bank’s routing number is 261170371 and deposits are FDIC insured.

Question Answer
Do they offer a monthly payment plan? Yes
Can I make payments over the phone? Yes
Can I make payments online? 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

Affinity Bank does not offer loan forgiveness or consolidation. To qualify for loan forgiveness, you must be a member of the FDIC and have an FDIC certificate number. The bank keeps its rates competitive by eliminating branch offices and leveraging technology.

Question Answer
Do they offer loan consolidation? No

How to Apply

You can apply for a loan online, over the phone, or in person with Affinity Bank. You can also apply for a loan with a cosigner. The bank is open from 9:00 am – 4:00 pm ET, Monday – Friday, and their client services representatives are available at 1-866-736-8194 from 9 am – 4 pm ET Monday – Friday Eastern Time.

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.

AFFINITY BNK 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 AFFINITY BNK 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.