Better Credit Blog
AUGUST 7, 2020
If you forget to pay a bill, you may begin to hear from a debt collection agency called Credit Control Corp. Credit Control Corp is a debt collection company that collects payment on your debt on behalf of the original creditor. What is Credit Control Corporation? Make sure that you are honest and polite in your letter.
Better Credit Blog
SEPTEMBER 8, 2020
If you begin to hear from a debt collection agency called Pioneer Credit Recovery, it is likely because you have defaulted on a loan or forgotten to pay a bill. In addition to showing up on your call logs, they will also appear on your credit report as a collection agency. What Is Pioneer Credit Recovery?
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Collection Industry News
JUNE 14, 2021
In 2019, debt collector Douglas MacKinnon and his Buffalo area companies, Northern Resolution Group, and Enhanced Acquisitions, agreed to pay $60 million to resolve a lawsuit filed by the U.S. Consumer Financial Protection Bureau and the New York State Attorney General’s Office over his unlawful debt collection practices.
Better Credit Blog
SEPTEMBER 14, 2020
Having collection accounts on your credit score is incredibly damaging to your credit health. Future lenders are able to see any collection accounts on your credit report and can deny you loans based on your history. This is a time-sensitive step, and most companies have a 30-day verification policy.
Better Credit Blog
SEPTEMBER 18, 2020
If you are trying to qualify for a mortgage or other loan, this is typically seen as a good reason for deletion. This is a letter that asks them to provide certain pieces of information about the debt, such as the name, total amount, and date of debt acquisition. Look over this information and note anything that seems incorrect.
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