What does Bank of the West (BK WEST) mean on my credit report?

Is BK WEST making an impact credit score?

Updated May 1, 2022

What is BK WEST?

BK WEST is shorthand for Bank of the West, with the company name being Bank of the West LLC

Your money at Bank of the West has values as well as only value. We know that deposits made into a bank have the ability to finance positive changes. Therefore, we are acting on behalf of our parent company BNP Paribas engaged in sustainable financing alongside the bank.

BK WEST is a Creditor. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Bank of the West.

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

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

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Credit Card
  • ⚫ Auto Loan
  • ⚫ Secured
  • ⚫ Auto
  • ⚫ Real estate
  • ⚫ Collection Agency/Attorney

More account infomation

  • ⚫ The average account balance is $53200.

  • ⚫ The average high credit balance is $78900.

  • ⚫ The average monthly repayment is $300.

How do I contact them?

Here is the current contact details for Bank of the West:

Address:

  • 5401 Central Avenue Northeast, , Albuquerque, NM 87108

Website:

Email:

Phone:

  • 800-488-2265

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

BK WEST 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 BK WEST 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.