What does FST HI BK RV mean on my credit report?
Learn about FST HI BK RV, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.
What is FST HI BK RV?
FST HI BK RV is shorthand for Bank of the West, with the company name being Bank of the West Inc
At Bank of the West, your money has values just like value. We know when you deposit money into a bank, it can positively influence real changes. Therefore, we are taking actions to support activities that help protect the environment, improve peoples’ lives, and strengthen communities alongside ourparentcompany BNP Paribas.
FST HI BK RV 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 Bank of the West.
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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
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⚫ The average account balance is $300.
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⚫ The average high credit balance is $7400.
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⚫ The average credit limit is $7000.
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⚫ The average monthly repayment is $100.
The account is classified under the following METRO2 categories:
- ⚫ Credit Card
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Bank of the West:
Address:
- 295 Bush Street San Francisco, CA 94104
Website:
Email:
Phone:
Payments
Bank of the West offers a monthly payment plan for car, RV, boat and home loans, as well as for refinancing a home. Customers can get a payment refund by signing up for the Bank of the West Online Banking service. Customers can view their account history, manage their accounts, and receive notifications and alerts regarding their payments. You can also make payments online and set up alerts and notifications about bill payments. There are penalties for late or missed payments which may include late fees, overdraft fees, and other charges.
| 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? | No |
| 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
There are three main types of student loans in the United States: federal loans, state loans, and private loans. Federal loans are the most common type of student loan, and they offer several repayment options, including loan consolidation and loan forgiveness. To qualify for loan forgiveness, you must make 120 qualifying monthly payments while working full-time for a qualifying employer. Loan consolidation allows you to combine multiple federal student loans into a single loan with a single monthly payment. You may also be able to lower your monthly payment or get a lower interest rate.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | Yes |
How to Apply
You can apply for a loan online, over the phone, or in person. Some lenders also offer the option to apply for a loan using a mobile app. In some cases, you may need a cosigner to qualify for a loan.
| 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? | 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 FST HI BK RV 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.
