Also known as:
Asset Acceptance LLC
Asset Acceptance Capital Corp
Asset Acceptance Capital Corporation
AACC
Founded in 1962, Asset Acceptance an "efficient alternative" to debt recovery. They own a subsidary, Premium Asset Recovery Corp. (PARC), which specializes in healthcare recovery efforts.
Asset Acceptance has 1,700 associates across 10 offices in nine states.
Contact Info:
Mail Address:
Asset Acceptance Capital Corp.
P.O. Box 2036
Warren, MI 48090-2036
Customer Service
(800) 545-9931
Corporate Phone:
(800) 505-5166
E-mail:
customerservice@assetacceptance.com
BBB Accredited: May 2005
BBB Rating: A+
BBB Report: Click here
Web site: www.assetacceptance.com/
Post complaints here: Asset Acceptance Collections Complaints
You can remove any unfair collection by disputing it with the credit bureau where it is listed.
In 1970, Congress passed the Fair Credit Reporting Act that allowed consumers to challenge items on their credit reports they felt were innacurate, misleading, biased, or just unverifiable.
When a dispute letter is sent to the bureaus, it is put through their review process. If the bureaus open an investigation with the creditors, the creditors have 30 days to send proof that the item is accurate and worthy of being on the credit report of the consumer. If they cannot (or will not) provide incontestable proof, then the bureaus are obligated to remove the item.
A "deletion letter" is what you want to get in the mail:
Most consumers who dispute on their own play a guessing game that the bureaus eventually win.
Unfortunately, a great number of dispute letter requests are deemed "frivolous" - which means the bureau will not open up an investigation with the creditor, and a stall letter is sent back to the consumer.
What are my chances of removing Asset Acceptance listing from my credit report if I dispute it myself?
There are no real good studies to give accurate numbers of what the results are for people disputing their own credit. It's a guessing game. One statistic to keep in mind is provide by Lexington Law: Over 40% of the people who sign up with Lexington's services have tried to to repair their credit on their own and have turned to the trusted leaders in credit report repair for help.
