How to Remove WFDS/WDS From Your Credit Report

Updated

Is WFDS/WDS hurting your credit score?

Credit Saint has successfully assisted countless clients in removing inaccurate and questionable credit inquiries from their credit reports.

What is WFDS/WDS on my credit report?

Seeing WFDS or WDS on your credit report may cause confusion, especially if you aren’t familiar with these codes. WFDS stands for Wells Fargo Dealer Services, and WDS refers to Wachovia Dealer Services.

These divisions manage auto loans, and if you’ve applied for a car loan through either institution, you might see one of these entries on your report. After Wells Fargo acquired Wachovia in 2008, these services were combined under the Wells Fargo brand.

How WFDS/WDS Hard Inquiries Impact Your Credit Score

When a lender checks your credit to decide if they’ll approve your loan application, this results in a hard inquiry. Auto loans, credit cards, mortgages, and even some rental applications can trigger hard inquiries. While one or two inquiries might cause a slight drop in your credit score, having several within a short time can lead to a more noticeable effect.

Hard inquiries usually lower your credit score by just a few points. However, too many inquiries over a brief period could signal to lenders that you’re financially overextended, making them less willing to approve your applications.

How long do WFDS/WDS hard inquiries stay on your credit report?

Regardless of whether you are approved for the Wells Fargo auto loan, the hard inquiry will stay on your credit report for up to two years. Each inquiry is recorded by one or all three major credit reporting agencies: Equifax, Experian, and TransUnion.

Dealing with Unauthorized Inquiries

If you find an unfamiliar inquiry on your credit report or are certain that you didn’t make the inquiry, contact Wells Fargo to clarify the reason for the inquiry. The creditor’s name should be listed under the hard inquiry section of your credit report.

Wells Fargo Auto Loan Contact Information

Address:

Wells Fargo Auto
P.O. Box 168048
Irving, TX 75016-8048

Phone number: (800) 289-8004

Can WFDS/WDS be removed from my credit report?

If you find that the WFDS/WDS inquiry is unauthorized or negatively impacting your credit score, you can seek assistance from a credit repair company like Credit Saint.

They can help you dispute and potentially remove the following items:

  • late payments
  • collections
  • charge offs
  • foreclosures
  • repossessions
  • bankruptcies

Take Control of Your Credit Today

If you’re struggling with bad credit and need assistance, consider a free credit consultation with Credit Saint. They have experience helping individuals in similar situations and can guide you on the path to better credit.

Visit their website and fill out the form to explore your options and see what they can do for you.

Ready to Clean Up Your Credit Report?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

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