Account Recovery

MARCH 30, 2023

The company announced this week that it received a notification from the Consumer Financial Protection Bureau that it will not be pursuing an enforcement action against the company after opening an investigation into its legal collection practices.

Legal Collections 130

Legal Collections Collections Lender 130

Credit Corp

SEPTEMBER 29, 2020

The older the asset becomes, the less valuable it is because older debt is less likely to be collected. In addition to bringing your credit score down, a charge off looks bad to any future lenders that review your credit history. Can Creditors Attempt to Collect Charged Off Debt? That’s when a charge off occurs.

Creditors 78

Creditors Lender Collections Agency Collection Agencies 78

Credit Corp

FEBRUARY 21, 2021

Whether mail went missing or communication about medical debt got mixed up, it’s possible an account with your name on it is languishing somewhere in collections. And perhaps you know you owe a debt, but it’s been passed around between collection agencies so many times you’ve forgotten who currently owns the debt.

Collections Agency 88

Collections Agency Collection Agencies Creditors Collections 88

Better Credit Blog

NOVEMBER 24, 2020

If you have had an overdue bill move to collections, you may begin hearing from a company called ACS Inc. ACS Inc is a collection agency that works with lenders and creditors to recover payments on defaulted loans or unpaid bills. A collections account on your credit report will cause your score to drop significantly.

Debt collector 52

Debt collector Lender Collections Creditors 52

Better Credit Blog

OCTOBER 14, 2020

Has your credit score taken a dive due to debt in collections? When a collections agency like Accelerated Financial Solutions gets access to your debt, it can drop your score and make your day-to-day life more stressful. AFS collects for businesses in several industries, including the following: Commercial debt. Auto loans.

Debt collector 52

Debt collector Third-party Debt Collectors Collections Agency Collection Agencies 52

Better Credit Blog

JANUARY 27, 2021

To legally collect a debt from you, they must first report the debt to the major credit bureaus. This will open a collection account on your credit report, which can cause your score to drop as much as 100 points. Collection accounts are bad news for your credit score and your loan prospects. What is BC Services?

Debt collector 52

Debt collector Third-party Debt Collectors Fair Debt Collection Collections 52