What does WHITESTONE FINANCIAL mean on my credit report?
Learn about WHITESTONE FINANCIAL, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WHITESTONE FINANCIAL?
WHITESTONE FINANCIAL is shorthand for Whitestone Financial, with the company name being Whitestone Financial Inc
WHITESTONE FINANCIAL 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 Whitestone Financial.
-
⚫ 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 Whitestone Financial:
Address:
- 1796 Silas Creek Parkway Winston Salem, NC 27103
Website:
Email:
Phone:
Payments
Whitestone Financial Inc. offers the convenience of making secured online payments. Payments made after 5pm EST will not be posted until the next business day, and any account in default may be declined. Customers can also call the office for more information about payments.
| 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? | No |
Forgiveness and Cancellation
Whitestone Financial Inc. does not offer loan consolidation, but does have loan forgiveness options. You may qualify for loan forgiveness if you fall into certain categories such as public service or teaching.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
It is not possible to apply for a loan over the phone or in person. Whitestone Financial Inc. offers the convenience of making secured online payments. Normal business hours are Monday-Friday 9:00 am until 5:30 pm EST excluding any regularly scheduled closings for holidays.
| 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? | 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 WHITESTONE FINANCIAL 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.