How do i solve Asset Acceptance Problems?
Hello, I'm new to the forum here and thought I would share a problem I've got and see if I can get some straight answers.
The problem is this- about 8 or 9 years ago, I was encountering MAJOR financial difficulties which resulted in most of my credit accounts reaching "charged off" status. I made payments on what I could when I could, but nothing ever got cleared up.
Now, after having returned to school and graduating, I'm starting to try to repair my credit. I figured most of these old debts would have disappeared by now, since more than seven years had elapsed. Most of them had, in fact stopped showing up on my credit report. The ones still there I subsequently disputed, and they disappeared as well.
Once I had all the old reports eliminated, I set about opening some accounts in order to maintain a positive credit history. I've been monitoring my credit reports from time to time in order to ensure that things are as they should be (I use My Fico to obtain quick copies of my reports) and have been shocked to discover that recently one of the old charged off accounts has "reappeared" on my Experian report. A list of entities accessing my report information includes Asset Acceptance, LLC.
Oh yeah, something else... The "date of charge off" listed on the Experian report is LAST YEAR, even though the original account reached charged off status OVER EIGHT YEARS AGO. What gives? Is this legal?
Sorry for the long post.
The problem is this- about 8 or 9 years ago, I was encountering MAJOR financial difficulties which resulted in most of my credit accounts reaching "charged off" status. I made payments on what I could when I could, but nothing ever got cleared up.
Now, after having returned to school and graduating, I'm starting to try to repair my credit. I figured most of these old debts would have disappeared by now, since more than seven years had elapsed. Most of them had, in fact stopped showing up on my credit report. The ones still there I subsequently disputed, and they disappeared as well.
Once I had all the old reports eliminated, I set about opening some accounts in order to maintain a positive credit history. I've been monitoring my credit reports from time to time in order to ensure that things are as they should be (I use My Fico to obtain quick copies of my reports) and have been shocked to discover that recently one of the old charged off accounts has "reappeared" on my Experian report. A list of entities accessing my report information includes Asset Acceptance, LLC.
Oh yeah, something else... The "date of charge off" listed on the Experian report is LAST YEAR, even though the original account reached charged off status OVER EIGHT YEARS AGO. What gives? Is this legal?
Sorry for the long post.
No problem at all with your long post. Feel free to do so in future also. We are here to help you all the time. Hope you frequently visit our forum and keep us updated with your experience and knowledge.
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