What does WOOLNDS FIN mean on my credit report?
Learn about WOOLNDS FIN, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WOOLNDS FIN?
WOOLNDS FIN is shorthand for Woodlands Financial Services, with the company name being Woodlands Financial Services Inc
Woodlands Financial Services is one of the most well-known local businesses in the automobile financing industry. The company is widely known as “Personal Touch” approach to business, where customers enjoy the values of reliability, understanding, and respect. Service quality and customer satisfaction are achieved at a high professional standard by maintaining a high level of professionalism and trust.
WOOLNDS FIN is a Creditor provider. They could be on your report for a number of reasons, for example:
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⚫ You missed a repayment.
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⚫ You opened an account with Woodlands Financial Services.
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⚫ You opened a credit card / loan / mortgage with this company.
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⚫ Someone fraudulently opened a credit line under your name.
About the account
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
- ⚫ Auto
How do I contact them?
Here is the current contact details for Woodlands Financial Services:
Address:
- 10655 Six Pines Dr Suite 140, Spring, TX 77380, United States
Website:
Email:
Phone:
Payments
Woodlands Financial Services offers several payment options, including online, phone, check, money order, and wire transfer. There is also a mobile app available. Some payment methods may incur penalties for late or missed payments.
| 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
Woodlands Financial Services does not offer loan forgiveness or consolidation.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
Woodlands Financial Services offers personal loans and Mortgages and applications can be submitted online. You cannot apply for a loan over a phone call, in person, or using a mobile app, but you can apply for a loan with a cosigner.
| 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 |
SmartCredit Report Example
- This is an example of what this creditor will look like on your SmartCredit 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 WOOLNDS FIN 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.