If you have late payments to your auto finance company, it can have a severe effect on your credit report. When you have an account that goes unpaid for months many times the finance company will consider the account closed and it will be processed for repossession. This process normally happens immediately if you are 60-90 days past due. When it is placed for repossession they will begin reporting your account to the credit bureaus. Which in turn will not only show the late payments but will also show the account closed and in repossession They normally also come to your home address or wherever the vehicle is located to take the car back and auction it for more. Meanwhile, you will still be responsible for the debt. When this happens your credit score can go down 100-250 points depending on what else you have on your credit report.
How We Help:
We help you by disputing these types of negative accounts off of your credit report. We go through multiple rounds of disputes and we attack the credit bureaus and creditors on your behalf to expedite your dispute process.
- Online Disputes
- Mail Disputes
- Phone Disputes
We dispute everything initially all online to expedite your account removal process. We dispute each account on all 3 bureaus so we can ensure that each account is completely removed from your credit report.
We also do mail disputes to coincide with the online disputes to add additional documentation to your disputes.
We coach you on how to dispute your accounts over the phone which can speed up your account removal to be as fast as 24 hours.
How Will You Be Able To Keep Track of Everything:
All disputes are done online initially. You will be able to see your disputes on the Experian, Transunion, and Equifax website.
How Long Does It Take:
Account removal can be as fast as 30 days but they can also take up to 6 months or longer depending on the type and the number of accounts we need to remove. Most of the time they are removed within 30-90 days.
Important Info Before You Order:
For multiple accounts, you need to add the equivalent amount of accounts you want to be removed to your cart. Meaning if you have 10 accounts then you need to make sure you add 10 orders to your cart. Every account you add to your cart covers all 3 bureaus so you don’t have to add the same account 3 times for all 3 bureaus. For example: if you have an account from Bank of America we will remove that account off of all 3 bureaus. So you only need to add more accounts to your order if it’s an additional account from a different lender or creditor.