Just for Kicks - I signed into Quizzle to get my report. Here is what it says for Asset Acceptance --- almost similiar to your account. It doesnt show too much information, plus their fields do NOT always map to the Standard METRO2 CRA Standard File Format.
- Account Type: Factoring Company Account (debt buyer)
- Amount Past Due: --
- Scheduled Payment: --
- Owner: Individual
- Opened Date: Sep 27, 2011
- Closed Status: --
- Original Balance: $2,064
- Original Creditor: BANK OF AMERICA
- Creditor Type: Retail
- Account in Dispute No
Almost the exact same thing as your account --- but, in Equifax's report - I see something totally different. The Status, can/should only ever be
1. 62 – Account paid in full, was a collection account.
2. 93 – Account seriously past due and/or assigned to internal or external collections.
In Equifax --- its COLLECTION ACCOUNT, which is reserved for Credit Grantors.
The Record is inserted in the OTHER account section of my report.
1. They List themselves as a RETAIL Creditor Classification.
2. The dates dont line up at all with BOA, but for maximum effect they inserted dates I cant see - and those that I can make it appear as though the COLLECTION status is current.
3. We (AA and I) went to court and resolved the actual amount due - vs. payment negotiation on a false balance, I PIF - the actual balance that was due.
Because of the way that this is reporting and because you and I see balance - we think its paid in full. Well - because AA send a "0" balance - I think its tricking/massaging what we as consumers think we see - a PIF account, when in reality - this one stores a balance in the background - and a late payment status of over 120 days, see details below.
4. In Equifax - there is no closed date --- so, it looks and rates as if - I have this open line of credit with this outfit.
Other Accounts
Hide All Account Details
These are all accounts that do not fall into the other categories and can include 30-day accounts such as American Express.
Closed Accounts
| Account Name | Account Number | Date Opened | Balance | Date Reported  | Past Due | Status | Credit Limit |
| ASSET ACCEPTANCE COR Hide Details | BANK OF A | 09/01/2011 | $0 | 06/09/2015 | COLLECTION ACCOUNT | $0 |
ASSET ACCEPTANCE CORP.
Asset Acceptance,Llc
PO Box 2036
Warren, MI-480902036
(844) 236-1959
| Account Number: | BANK OF A | Status: | COLLECTION ACCOUNT |
| Account Owner: | Individual Account. | High Credit: | $2,064 |
| Type of Account : | Open | Credit Limit: | $0 |
| Term Duration: | Terms Frequency: | ||
| Date Opened: | 09/01/2011 | Balance: | $0 |
| Date Reported: | 06/09/2015 | Amount Past Due: | |
| Date of Last Payment: | 09/2013 | Actual Payment Amount: | $564 |
| Scheduled Payment Amount: | Date of Last Activity: | N/A | |
| Date Major Delinquency First Reported: | 10/2011 | Months Reviewed: | 24 |
| Creditor Classification: | Retail | Activity Designator: | N/A |
| Charge Off Amount: | Deferred Payment Start Date: | ||
| Balloon Payment Amount: | Balloon Payment Date: | ||
| Date Closed: | Type of Loan: | Factoring Company Account (debt buyer) | |
| Date of First Delinquency: | 08/2009 | ||
| Comments: | Consumer disputes this account information, Paid collection |
It gets a little better actually - when I open an ALERT through my membership with EQ - I get some more crazy details that simply arent true, and - I only get to see this when something changes on this record specifically. Otherwise data in this segment of their system - is hidden. It says---- my account is still - past due. There is no CLOSED date and they reported this on 6/1/2015.
| Equifax - Account Information Creditors who you have an existing relationship with periodically report changes to your account. If you feel these changes are incorrect, contact the creditor as this may be a sign of fraud.
ASSET ACCEPTANCE CORP.
|
Does this help explain the problem with this type of account, and how its reporting to CRA's?
Mod Cut Removed personal info from TLs
Forgot to add this other Part --- my payment history --- yep, I have a payment history with AA - thats shows I have paid as agreed since - you guessed it - I opened an account with them in 2011........
These codes - history seen below, are intended for Credit Grantors not Debt Collection Agencies
81-Month Payment History
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2015 | * | * | * | * | * | |||||||
| 2014 | * | * | * | * | * | * | * | * | * | * | * | * |
| 2013 | * | * | * | * | * | * | * | * | * | * | * | * |
| 2012 | * | * | * | * | * | * | * | * | * | * | * | * |
| 2011 | * | * | * | * |
Payment History Key
| Meaning | Symbol |
| Pays or Paid as Agreed: | * |
| 30-59 Days Past Due: | 30 |
| 60-89 Days Past Due: | 60 |
| 90-119 Days Past Due: | 90 |
| 120-149 Days Past Due: | 120 |
| 150-179 Days Past Due: | 150 |
| 180+ Days Past Due: | 180 |
| Collection Account: | CA |
| Charge Off: | CO |
| Foreclosure: | F |
| Voluntary Surrender: | VS |
| Repossession: | R |
| Not Reported: | NR |
Have a great day!!