What does CARSON NATIONAL BANK mean on my credit report?
Learn about CARSON NATIONAL BANK, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.
What is CARSON NATIONAL BANK?
CARSON NATIONAL BANK is shorthand for Carson Bank, with the company name being Carson Bank Inc
The Carson Bank story started in 1986 when the recently arrived settlers from Utah, California honored the opening of their bank, Mulvane State Bank. Traditional values such as neighbourliness, hard work and honesty are still the cornerstones of all banking practices today. Together with the main branch in Mulvane, Carson Bank currently has four fully serviced offices in Mulvane, Derby and Wichita.
CARSON NATIONAL BANK 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 Carson 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.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Secured
How do I contact them?
Here is the current contact details for Carson Bank:
Address:
- 122 W. Main, P.O. Box 158 Mulvane, KS 67110
Website:
Email:
Phone:
Payments
Carson Bank offers various payment options including Contactless Chip Debit Cards, online and mobile banking, Apple Pay/Google Pay, and more. There are no penalties for late or missed payments.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | No |
| Do they offer a discount for automatic payments? | No |
| Can I make a payment using a mobile app? | Yes |
| Can I make a payment using a wire transfer? | No |
Forgiveness and Cancellation
both loan forgiveness and consolidation are available through the website. To qualify for loan forgiveness, you must have made 120 payments on your Direct Loans after October 1, 2007, and you must be employed full-time by a qualifying employer.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You can apply for a loan in person, over the phone, or online. You may also be able to apply for a loan using a mobile app. Some loans may require a cosigner.
| Question | Answer |
|---|---|
| Can I apply for a loan online? | No |
| 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? | No |
| Can I apply for a loan with a cosigner? | No |
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 CARSON NATIONAL BANK 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.