Asset Acceptance Capital Corp.
Asset Acceptance Capital Corp. is based in Warren, Michigan but has offices in Arizona, Florida, Illinois, Maryland, Michigan, New Jersey, Ohio, Texas and Virginia. Also known as a debt buyer, Asset Acceptance Capital Corp. purchases charged off consumer debt from credit issuers and attempts to collect more than the company paid for the debt in order to make a profit. Asset Acceptance Capital Corp. purchases numerous types of charged off debt portfolios to include credit cards, utilities, consumer loans, second mortgages, home improvement loans, medical, health clubs, student loans, home equity loans and auto deficiencies.
Federal laws have been passed that give collection agencies the right to place negative information on your credit report. This can create numerous problems for you as a consumer as it almost always results in lower credit scores and a damaged credit report. One of the most significant problems created by having lower credit scores is the increased probability for higher interest rates and even worse, the possibility for altogether credit denial.
I had numerous judgments, collections, and charge offs being reported on my personal credit file that were responsible for seriously lowering my credit score and affecting my ability to obtain credit. Deciding it was time to do something about it, I attempted to perform credit repair myself by contacting collection agencies to include Asset Acceptance Capital Corp. in an attempt to negotiate some kind of arrangement with them in order to remove the negative information on my credit report. Dealing with collection agencies like Asset Acceptance Capital Corp. was more time consuming and upsetting than I could have possibly imagined but even worse, none of the collection agencies were willing to work with me and continued to report the damaging information to the credit bureaus. It didn't take long for me to realize that credit repair wasn't going to be an uncomplicated task to perform.
I needed results and didn't have the patience or hundreds of hours it was going to take so I contacted Credit Restoration Bureau and they immediately began working to repair my credit. They were able to raise my credit score by deleting various types of derogatory items from my consumer credit file such as late payments, collections, charge offs and judgments (see the letter below). Working with Credit Restoration Bureau was a much more pleasant and worry free experience than I could have hoped for. Each time I received an update from Credit Restoration Bureau, I was delighted to see they were continuing to have a positive effect on my credit score. By the time Credit Restoration Bureau was finished, my scores had all gone up approximately 150 points and I was in the 700s. They had truly given me a fresh start.
Here is one of the update letters I received from the credit bureaus. This one is from Equifax and shows the deletion of three credit accounts, four collections and two civil judgments. One of the deleted collections was placed on my credit file by Asset Acceptance Capital Corp.
Here is another letter. This one is from TransUnion and shows the deletion of an Asset Acceptance Capital Corp. collection account.
Credit Restoration Bureau was amazing and I would recommend them to anyone struggling with bad credit or being harassed by collection agencies like Asset Acceptance Capital Corp. Credit Restoration Bureau specializes in the removal of all types of derogatory credit itmes to include: late payments, collections, charge offs, bankruptcies, tax liens, civil liens, foreclosures, repossessions and more.
