If you’re hearing for USCB America or you spot them on your credit report, you’ve likely defaulted on a debt and they own it now.
The good news is they bought the debt for pennies on the dollar, so you have negotiation room. The bad news is they likely reported it to all three credit bureaus, which affects your credit score and your ability to secure future credit.
No matter the reason USCB America is on your credit report, it’s important to know how to remove them from your credit report.
Validate the Debt
Before you do anything, validate the USCB America debt. You have limited time to do this, so don’t delay.
You have 30 days from the first day they contact you to send a validation letter. It doesn’t have to be anything formal, just a letter asking USCB America to prove they may collect the debt from you.
In your letter ask for proof of:
- The original creditor
- The amount owed
- The original debt amount
- Your last payment date
- The date the account was charged off
- The right to do business in your state
You may request any information you want to prove USCB legally has your account. They have 30 days to respond to your request. If they don’t the credit bureaus must remove it from your credit report, after you file a credit dispute.
Dispute the Debt
If USCB validates the debt, your next step is to dispute it. This requires you to pull your credit report, you can get free copies here, and go over the tradeline carefully.
If you notice any incorrect information, you can dispute it with the credit bureau. Incorrect information could include:
- A misspelled name
- Mistyping the account number
- An incorrect balance
- The wrong creditor name
- Incorrect dates
Go over the tradeline carefully and write a dispute letter to the reporting credit bureau if you find errors. The Fair Credit Report Act protects you, allowing you to dispute the debt and have it removed from your credit report.
Negotiate the Debt
If all else fails and you owe the debt, you may negotiate it. Remember, they bought the debt from your creditor for pennies on the dollar. Before you negotiate, know how to ask for a pay for delete.
A pay for delete means you agree to pay a negotiated amount in exchange for USCB removing the collection from your credit report. Get the agreement in writing – don’t send them any money until you have written proof.
Also, only pay via check – don’t give them access to your bank account. After a month, check your credit report again. If the collection still exists, dispute it with the credit bureau, using the agreement letter from them and your canceled check as proof you held up your end of the bargain.
Have a Professional Remove the Collection
Lastly, if you’re the type of person who would rather have a professional handle it and just be done with the whole thing, I suggest you check out Lexington Law Credit Repair. They’ll take care of you, and honestly they usually get negative items removed quicker than if you try to do it yourself. Give them a call at 1-844-331-6062 or Check out our review of their service.
Remove USCB from your Credit Report
Don’t let USCB sit on your credit report. A collection can drop your credit score dramatically and will continue to affect it for a couple of years. The collection itself will stay on your credit report for 7 years, making it hard to secure any new loans or credit cards.
Work on removing USCB from your credit report as fast as you can. Start with debt validation and work your way through the other steps if that doesn’t work. If you owe it, make a deal with the collection agency and include a pay for delete agreement so you can put it behind you once and for all.