What does FOURSIGHT mean on my credit report?

Learn about FOURSIGHT, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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What is FOURSIGHT?

FOURSIGHT is shorthand for Foursight Capital, with the company name being Foursight Capital Inc

FOURSIGHT 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 Foursight Capital.

  • ⚫ 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 $14100.

  • ⚫ The average high credit balance is $23400.

  • ⚫ The average monthly repayment is $400.

The account is classified under the following METRO2 categories:

  • ⚫ Auto Loan
  • ⚫ Collection Agency/Attorney
  • ⚫ Auto

How do I contact them?

Here is the current contact details for Foursight Capital:

Address:

  • Dept 2026 PO Box 29675 Pheonix, AZ 85038

Website:

Email:

Phone:

Payments

Payments can be made online, over the phone, or using a mobile app. There are no monthly payment plans, but a variety of other payment options are available with no penalties for late or missed payments.

Question Answer
Do they offer a monthly payment plan? No
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

There are three main types of student loans in the United States: federal loans, state loans, and private loans. Each type of loan has different terms and conditions. Federal loans, for example, may be eligible for loan forgiveness if the borrower meets certain criteria. Loan consolidation is another option for borrowers who want to lower their monthly payments. Private loans typically have the highest interest rates and may not offer the same repayment options as federal or state loans.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

Foursight Capital LLC offers the ability to apply for a loan online, but not through a mobile app, over the phone, or in person. Applying for a loan with a cosigner is possible.

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? No
Can I apply for a loan using a mobile app? No
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.

FOURSIGHT 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 FOURSIGHT 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.