My loan got transferred to west lake Portfolio with out any notice. Honor finance is a company that finances people with low scores. so with this being said.
They sold my account and reported it to the credit bureau as closed making very hard for people to re establish their credit.
I just called West lake Portfolio and the rep that i spoke with last week told me that he was going to send a email so they can start reporting to the 3 credit bureau.
The 2nd rep today said they don’t do that. Westlake is only going to start reporting the bureaus as of September of this year as a new account and not as a transfer Account.
This has put a Huge Dent on my Credit. My credit score went down 83 points… What a Scam!