What does BRAND SOURCE/CITI CBNA mean on my credit report?
BRAND SOURCE/CITI CBNA is shorthand for Brand Source Credit Card, with the company name being Brand Source Credit Card Inc
What is BRAND SOURCE/CITI CBNA?
BRAND SOURCE/CITI CBNA 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 Brand Source Credit Card.
- ⚫ You opened a credit card / loan / mortgage with this company.
- ⚫ Someone fraudulently opened a credit line under your name.
About the account
- ⚫ The average high credit balance is $7600.
- ⚫ The average credit limit is $2900.
How do I contact them?
- P.O. Box 6403,
Payments
You can make payments over the phone by calling 1-888-653-4320 Monday-Friday 9 a.m. – 8 p.m. ET.
| Question | Answer |
|---|---|
| Can I make payments over the phone? | Yes |
Should I contact them?
As a general rule, you should avoid contacting creditors though unofficial channels, for example phone and email. This is because there is no legal record of the communication, so any agreements made could be refuted in court.
If you have to communicated with this creditor company then you should use certified mail in order to protect yourself.
The best way to fix your credit is to work with a professional credit repair service. They are experts at deleting of negative items from companies like Brand Source Credit Card worldwide.
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 BRAND SOURCE/CITI CBNA 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.