What does WESTERN AMERICAN LOAN mean on my credit report?
Learn about WESTERN AMERICAN LOAN, an provider offering loans for financial assistance. Check the impact to your credit report and financial status.
What is WESTERN AMERICAN LOAN?
WESTERN AMERICAN LOAN is shorthand for Western American Financial Group, with the company name being Western American Financial Group Inc
WESTERN AMERICAN LOAN is a Loan 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 Western American Financial Group.
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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 average high credit balance is $9600.
The account is classified under the following METRO2 categories:
- ⚫ Auto Loan
How do I contact them?
Here is the current contact details for Western American Financial Group:
Address:
- 4308 W Missouri Ave, Glendale, AZ 85301, United States
Website:
Email:
Phone:
Payments
there are several ways to make a payment including online with debit or credit card, by phone with debit or credit card, mail, set up BillPay through your bank, and in person during office hours. payments cannot be refunded. Please refer to the payment guidelines and contact the office for assistance regarding payment extensions or late payments. other payment options such as using a check or money order can be sent via mail to the address provided, or through BillPay through a bank. payments over ten days late will be assessed a late fee of $10.00. Western American Loan Inc. offers payment via wire transfer, by phone with debit or credit card, mail, BillPay, and in person.
| 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
they do not offer loan forgiveness or loan consolidation.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
The office hours are Monday - Friday, 9am - 5pm. You can apply for a loan in person or online. Online applications must be full payments, but you can arrange other payment options by contacting the office. BillPay through your bank can also be set up to make payments.
| 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? | Yes |
| Can I apply for a loan using a mobile app? | No |
| Can I apply for a loan with a cosigner? | No |
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.
What is a Loan Provider?
A loan provider is a bank or financial organization that can provide loans. In order to apply for a loan they will run a hard inquiry on your credit account which will negatively impact your credit report. They may make mistakes in their reporting, so if it says that you have missed a payment and you haven’t then if you take the correct action you will be able to remove the late repayment from your credit profile.
How do I remove WESTERN AMERICAN LOAN 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.
