How to Remove USAA Collections From Your Credit Report

Updated

Call for a free consultation to learn how to remove inaccurate negative information from your credit report.

Who is USAA?

United Services Automobile Association, commonly known as USAA, is a financial services group based in San Antonio, Texas. Established in 1922 by a group of U.S. Army officers, it was initially created to provide mutual self-insurance for its members. Since then, it has grown exponentially and now serves millions of military personnel and their families across the country.

USAA offers a comprehensive suite of financial products and services. This includes insurance services, spanning from auto and home insurance to life and health insurance. They also offer banking services, ranging from checking and savings accounts to certificates of deposit. In addition, they provide credit cards and auto loans, helping members manage their finances and purchase vehicles.

You may see USAA listed on your credit report as a collections account. This typically happens when a bill or a loan payment has been neglected, and the account was transferred to USAA’s collection department.

How can I remove USAA Collections from my credit report?

Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.

If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.

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USAA Contact Information

Address:

USAA
9800 Fredericksburg Rd
San Antonio, TX 78288

Phone number: (800) 531-8722

Should I contact or pay USAA?

Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with USAA collections is to work with a credit repair professional. They help remove millions of negative items every year from companies like USAA on behalf of their clients.

Will USAA sue me or garnish my wages?

USAA does have the ability to sue for unpaid debts. If they decide to pursue a lawsuit and the court rules in their favor, they could potentially garnish your wages or levy your bank account, depending on your state’s laws.

However, these legal actions are often a last resort. Before it reaches this stage, USAA typically offers multiple opportunities for you to arrange a payment plan or negotiate a settlement.

USAA Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you find yourself facing any of these situations with USAA, you should also consider filing a complaint.

USAA currently has an A rating with the Better Business Bureau.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Remove USAA Collections From Your Credit Report Today!

Credit Saint offers assistance with disputing USAA collections accounts and charge offs. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.

If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.

Visit their website or call (855) 281-1510 for more details.

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