What does ASSOCCREDIT mean on my credit report?

Is ASSOCCREDIT making an impact on your credit score?

Updated January 1, 2023
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What is ASSOCCREDIT?

ASSOCCREDIT is shorthand for Associated Credit Services Inc, with the company name being Associated Credit Services, Inc.

Founded in 1969 by Bill Walsh, it is a third party debt collector and business process services provider. ACS does not buy debts; we provide you with complete customization of our multichannel contacts centers to meet various requirements and applications.

ASSOCCREDIT is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Associated Credit Services Inc.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

How do I contact them?

Here is the current contact details for Associated Credit Services Inc:

Address:

  • 115 Flanders Road • Suite 140
    Westborough, MA 01581

Website:

Email:

Phone:

Payments

Associated Credit Services, Inc. offers many options for making payments, including online, by check or money order, wire transfer, and through a mobile app. A prepaid debit card can also be used to make a payment. Payment options are prompt, secure, and flexible. There are penalties for late or missed payments.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? No
Can I make payments online? Yes
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

Associated Credit Services, Inc. does not offer loan forgiveness or consolidation.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

you cannot apply for a loan over a phone call or in person at Associated Credit Services, Inc. You may be able to apply for a loan online or using a mobile app.

Question Answer
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? No

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

How do I remove ASSOCCREDIT from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.