What does GUARDIAN SV mean on my credit report?
Learn about GUARDIAN SV, an bank offering loans for financial assistance. Check the impact to your credit report and financial status.
What is GUARDIAN SV?
GUARDIAN SV is shorthand for Guardian Savings Bank, with the company name being Guardian Savings Bank Inc
The original charter for Guardian Savings Bank was issued on 22 April 1895. It offers a range of conventional and non-confirming mortgages, as well as FHA and VA loans. In addition, it serves approximately $3 billion local loans.
GUARDIAN SV 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 Guardian Savings 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
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⚫ The average high credit balance is $68300.
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⚫ The typical loan duration is 120 months.
How do I contact them?
Here is the current contact details for Guardian Savings Bank:
Address:
- 10 Kyles Lane Ft. Wright, KY 41011
Website:
Phone:
Payments
It is possible to make payments using various methods including credit or debit cards, e-check, online bank account, check, money order, and wire transfer. Additionally, many retailers offer a monthly payment plan. It is important to note that there may be penalties for late or missed payments.
| 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
loan forgiveness is not offered. However, WellFargo offers loan consolidation services. Their loan consolidation program allows customers to combine several loans into one, making payments more manageable and reducing interest rates. Loan forgiveness requires meeting certain qualifications such as being employed in a public service job, working full-time, and making on-time student loan payments. Eligibility also depends on the type of loan, the repayment plan, and the length of time that payments have been made. To be eligible, borrowers may need to have made a certain number of payments, and the loan must not be in default.
| 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. You may also be able to apply for a loan using a mobile app. In some cases, you may need 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? | 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 GUARDIAN SV 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.