What does FST NATL BK mean on my credit report?
Learn about FST NATL BK, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.
What is FST NATL BK?
FST NATL BK is shorthand for First National Bank of Fort Stockton, with the company name being First National Bank of Fort Stockton Inc
FST NATL BK 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 National Bank of Fort Stockton.
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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:
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for First National Bank of Fort Stockton:
Address:
- P.O. Box 1329, Fort Stockton, TX 79735
Website:
Phone:
Payments
You can make a payment online, over the phone, or using a mobile app. You can also make a payment using a prepaid debit card, wire transfer, or check/money order. If you sign up for automatic payments, you may be eligible for a discount. There may be penalties for late or missed payments.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | No |
| Can I make payments over the phone? | No |
| 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 federal student loans: Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. Direct Subsidized Loans are available to undergraduate students with financial need. Your school will determine the amount you can borrow, and the U.S. Department of Education will pay the interest on your Direct Subsidized Loans while you’re in school at least half-time, for the first six months after you leave school (referred to as a grace period*), and during a deferment (a postponement of loan payments). Direct Unsubsidized Loans are available to undergraduate and graduate students; there is no requirement to demonstrate financial need. Your school will determine the amount you can borrow. Interest accrues on a Direct Unsubsidized Loan from the time it’s first disbursed, and you’ll be responsible for paying the interest regardless of your loan status. A Direct PLUS Loan for Parents is a federal loan that parents of dependent undergraduate students can use to help pay for education expenses. The U.S. Department of Education makes Direct PLUS Loans to eligible parents through schools participating in the Direct Loan Program. A Direct PLUS Loan for Graduate/Professional Students is a federal loan that graduate and professional students can use to help pay for education expenses. The U.S. Department of Education makes Direct PLUS Loans to eligible graduate and professional students through schools participating in the Direct Loan Program.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
You cannot apply for a loan online, over the phone, or in person at First National Bank of Fort Stockton. You can, however, apply for a loan using the First National Bank mobile app. First National Bank does not offer loan services with cosigners.
| 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? | Yes |
| 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 FST NATL BK 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.