How Late Can You Be With Credit Acceptance. Credit Acceptance will typically start the repossession process as soon as the first missed payment in states where this is allowed. Late Payments Can Harm Your Credit.
You can also talk to a Credit Acceptance representative between 800 am. The FDCPA has nothing to do with original creditors or with reporting of late payments. Our account representative will take steps to remove the freeze and the special code indicating you have been affected by a declared disaster.
But few people know that late payments dont always get reflected on credit reports.
In fact payments must be at least thirty days late before they can be reported to the credit bureaus which gives you extra time to fix the issue if you happen to. If you would like the freeze to be removed from the credit report please call one of our representatives at 1-800-634-1506 and state that you no longer want to have your credit report frozen. Yes Credit acceptance does charge borrowers a fee if they pay their loans early. The system is available 24 hours a day.
