What Is AFS Acceptance On My Credit Report?
AFS Acceptance is a debt collection agency. If you are seeing them on your credit report, it likely means they have purchased your debt from a creditor and are (or will be) attempting to collect it from you.
Is AFS Acceptance A Debt Collection Agency?
Yes, AFS Acceptance is a debt collection agency. They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off").
AFS Acceptance may attempt to reach out via mail or phone calls (demanding payment). The worst part is a collections account will now be seen on your credit report. This hurts your score, as well as reducing your chances of getting approved for a loan or other important financial event.
But it’s not all bad news! We may be able to help you with this account. Call us today to find out more.
Who Does AFS Acceptance Collect For?
AFS Acceptance purchases debt from a range of different creditors. The information isn’t always publicly available and is constantly changing, so it’s difficult to provide an accurate and up-to-date list.
Does AFS Acceptance Hurt My Credit Score?
Yes, it is highly likely having AFS Acceptance on your credit report is damaging your score significantly.
How AFS Acceptance Affects Your Credit Score
Are you having issues getting approved for a loan or credit card due to a collections account on your credit report? This is an issue that needs to be addressed in order to improve your credit score. You could try paying off your debts, making payments on time and limiting your credit utilization - but you may need additional help. Credit Sage can provide this assistance; our experts will analyze your credit report, dispute any errors found, and create a plan for paying off any outstanding debts.
The Importance of Keeping Track of Your Credit Report
Keeping track of your credit report is essential for managing your financial health. Errors and inaccuracies won't only affect your credit score - they can also be tough to dispute without the right resources. If you have a collections account with AFS Acceptance or another debt collection agency, regular monitoring of your credit report will help you spot any errors quickly and dispute them accordingly.
Credit Sage offers credit monitoring services to assist in this process. Our team of experts can analyze your report, highlight any potential issues, and provide personalized advice on how you can improve your score.
How Do I Remove AFS Acceptance From My Credit Report?
To be eligible to remove AFS Acceptance from your credit report, you typically need to meet the following requirements:
- Any information on the account is incorrect
- Any information on the account is error’d
- Any information on the account is fraudulent
- And is not (or cannot be) fixed in an appropriate amount of time
According to a study by the U.S. PIRGs, 79% of credit reports contain mistakes or serious errors. Going after these types of accounts for our clients is our specialty.
Should I Pay For Delete With AFS Acceptance?
Paying off AFS Acceptance to have credit bureaus delete it from your report sounds like a good idea. There's one major problem. Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collection remains on your report for 7 years (from the date of first delinquency). This means your credit is still damaged.
Should I Negotiate A Settlement With AFS Acceptance?
Settling your debt with AFS Acceptance could go both ways. It may help your score, but it may also hurt your score. Many variables impact the end result. There is a better path to a good result. Work with a company that is able to review these accounts for you (like Credit Sage), and if any issues with the account exist you may have it removed all together (and never have to hear from them again).
Is AFS Acceptance Legit, Fake Or A Scam?
AFS Acceptance is a legitimate company. They aren’t fake or trying to scam you. But it is likely they are spam calling you trying to collect a debt. One of the best ways to deal with this is to dispute and remove unvalidated debts.
Why Do AFS Acceptance Keep Calling Me?
AFS Acceptance continues to call and attempt to collect a debt. The best thing you can do is ignore their calls and speak with a company that can help you get it removed (like Credit Sage).
How To Get AFS Acceptance To Stop Calling Me?
As we’ve mentioned above, AFS Acceptance will be calling you to attempt to collect a debt. The best thing you can do to stop this is speak with a company that can help you get them removed from your credit report, like Credit Sage. Once they are off your credit report, you won’t have to hear from them again.
AFS Acceptance Reviews And Complaints
AFS Acceptance has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will AFS Acceptance Try Suing Or Garnishing My Wages?
AFS Acceptance suing would be a very unlikely situation. In rare cases it may happen, but it certainly isn’t the norm. State and federal laws place limits or 'exemptions' that apply to bank and wage garnishments.
We strongly recommend calling us, we’ll help determine the likelihood of a lawsuit, but also provide you next steps in getting this collection removed.
Does AFS Acceptance Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, AFS Acceptance does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With AFS Acceptance?
You have the right to dispute any of your debt that AFS Acceptance has purchased. AFS Acceptance is governed by the Fair Debt Collection Practices Act (or FDCPA) and the Fair Credit Reporting Act (or FCRA). While these acts seem very complicated, they provide a great deal of power to the consumer if you know how to use it properly.
What Is AFS Acceptance Phone Number?
You likely want to call Credit Sage before deciding whether or not to call AFS Acceptance. The reason? You may not want to pay AFS Acceptance debt, especially if it's inaccurate. Paying it off could hurt your score.
Get AFS Acceptance Removed From Your Report, Today!
In most cases, we recommend speaking with a Credit Repair professional to analyze your credit report before you attempt to settle any debt. The main reason? Settling your debt may actually hurt your score.