What does BK BILLING mean on my credit report?

Is BK BILLING making an impact on your credit score?

Updated January 1, 2023
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What is BK BILLING?

BK BILLING is shorthand for BK Billing, with the company name being BK Billing Inc

BK BILLING 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 BK Billing.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

How do I contact them?

Here is the current contact details for BK Billing:

Address:

  • PO Box 257, Draper, UT 84020, United States

Website:

Email:

Phone:

Payments

Customers can make payments using a variety of methods, including credit and debit cards, online payment systems, prepaid debit cards, wire transfers, and more. Depending on the payment method, there may be additional features or benefits, such as rewards programs or cashback offers. Late or missed payments may incur penalties, such as late fees or interest 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

loan forgiveness is not offered. loan consolidation is offered by ABC Financial Services. They provide a variety of loan consolidation options to help customers manage their debt more easily and efficiently. Customers can choose from fixed or variable interest rates and repayment terms. Loan forgiveness is generally not qualified for without meeting certain requirements. To qualify for loan forgiveness, you must typically be employed in a specific field, such as public service, and make a certain number of on-time payments over a period of years. Additionally, you may need to meet other requirements, such as being enrolled in a repayment plan for a certain amount of time.

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. Many banks offer mobile apps that allow you to apply for a loan. A cosigner is a person who agrees to take on the responsibility of your loan repayment if you cannot pay it back.

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.

BK BILLING 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 BK BILLING 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.