What does BESTEGG mean on my credit report?
Learn about BESTEGG, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is BESTEGG?
BESTEGG is shorthand for Best Egg, with the company name being Best Egg Inc
The best-known version of “The Night Porter” was released on February 12, 2016 as the fourth single from Dua Khalil al Khayyat, after “Badi’ah”, “Tadbir”.
BESTEGG is a Creditor provider. They could be on your report for a number of reasons, for example:
-
⚫ You missed a repayment.
-
⚫ You opened an account with Best Egg.
-
⚫ You opened a credit card / loan / mortgage with this company.
-
⚫ Someone fraudulently opened a credit line under your name.
About the account
-
⚫ The average account balance is $3300.
-
⚫ The average high credit balance is $11500.
-
⚫ The average monthly repayment is $200.
The account is classified under the following METRO2 categories:
- ⚫ Unsecured
- ⚫ Collection Agency/Attorney
How do I contact them?
Here is the current contact details for Best Egg:
Address:
- PO Box 207865, Dallas, TX 75320-7865
Website:
Email:
Phone:
Payments
Best Egg offers online payments on personal loans, credit cards, and other financial products. They also provide resources to help with financial planning and debt management. Other payment options are available, such as using a check or money order. Mobile app payments are available with Best Egg personal loans and credit cards. Prepaid debit cards are accepted for payment on Best Egg loans.
| 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
they do not offer loan forgiveness or consolidation. To qualify for loan forgiveness, individuals must make a certain number of on-time payments. Additionally, certain loan types may have other eligibility requirements, such as enrolling in an income-based repayment plan or working in a public service job.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
Best Egg offers personal loans that can be applied for online, in person, or through a mobile app. You can apply for a loan with a cosigner if you wish. Best Egg offers various types of personal loans including debt consolidation, credit card refinancing, home improvements, moving expenses, major purchases, baby and adoption loans and special occasion loans.
| 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.
How do I remove BESTEGG 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.