If Regional Acceptance Corporation is showing up on your credit report, it likely means you’ve fallen behind on an auto loan or vehicle-related account. Here’s what to know about this company, how they affect your credit, and what steps to take to remove them from your credit report.
Who Is Regional Acceptance Corporation?
Regional Acceptance Corporation is an auto finance company based in Greenville, North Carolina. They are a subsidiary of Truist, one of the largest banks in the U.S.
If you’ve defaulted on a car loan with Regional Acceptance, their name may appear on your credit report as a collections account, which can lower your credit score.
Is Regional Acceptance Corporation Legitimate?
Yes, Regional Acceptance Corporation is a legitimate lender. They’ve been in business since 1978 and focus on auto financing, including subprime loans and vehicle repossession accounts.
They are affiliated with Truist, the result of the BB&T and SunTrust Bank merger, which adds to their credibility as a recognized financial institution.
How to Remove Regional Acceptance From Your Credit Report
A collections account can damage your credit for up to seven years, but you have options to address the situation:
- Dispute Errors: Review your credit report and dispute any incorrect or outdated information with the credit bureaus.
- Request Debt Validation: You have the right to ask Regional Acceptance to validate the debt. They must prove the debt is yours and that the amount is accurate.
- Negotiate a Pay-for-Delete: In some situations, you may be able to settle the debt and request that the account be removed from your credit report. Always get the agreement in writing.
- Work With Credit Repair Professionals: Many people choose to work with credit repair services that help dispute negative items and work to clean up credit reports.
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Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Contact or Pay Regional Acceptance Corporation?
Before making payments or discussing your account with Regional Acceptance:
- Verify that the debt is accurate and still legally collectible
- Request written debt validation
- Understand that payments may restart the statute of limitations, which extends how long they can pursue legal action
Many people work with credit repair professionals to avoid costly mistakes and increase their chances of removing negative accounts.
Can Regional Acceptance Corporation Sue You or Garnish Wages?
Yes, Regional Acceptance Corporation has the legal right to sue for unpaid debts. If they take legal action and win, they could:
- Garnish your wages
- Freeze your bank account
Lawsuits are typically a last resort after other collection efforts fail. Ignoring notices from Regional Acceptance increases the risk of legal action, so addressing the account early is important.
Regional Acceptance Corporation Complaints
Like many lenders and collection agencies, Regional Acceptance Corporation has complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Common complaints include:
- Incorrect reporting to credit bureaus
- Harassment or aggressive collection tactics
- Failure to properly validate debts
If your rights have been violated, file a complaint and document all interactions with the company.
Your Rights When Dealing With Regional Acceptance Corporation
Consumers are protected under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These laws prevent unfair treatment:
- Regional Acceptance cannot report false or incomplete information
- You have the right to request debt validation within 30 days of their first contact
- They cannot harass, threaten, or use abusive language
- They must clearly identify themselves as a debt collector attempting to collect a debt
- They cannot make false legal threats or threaten arrest
Knowing your rights helps you handle the situation with confidence.
Regional Acceptance Corporation Contact Information
Office Address:
Regional Acceptance Corporation
1424 E Fire Tower Road
Greenville, NC 27858
Phone Numbers:
(866) 644-7687
(877) 722-7299
Ready to Get Regional Acceptance Corporation Off Your Credit Report?
If Regional Acceptance Corporation is hurting your credit, you don’t have to face it alone. Credit Saint has helped thousands of people dispute inaccurate accounts and improve their credit reports.
They even offer a 90-day money-back guarantee for extra peace of mind.
Visit their website or call (855) 281-1510 to get started today and take control of your credit.
Brooke Banks is a personal finance writer specializing in credit, debt, and smart money management. She helps readers understand their rights, build better credit, and make confident financial decisions with clear, practical advice.
