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Dealing with Debt Collectors

Debt Free Colorado

In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors? When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states.

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How to Remove ConServe from Your Credit Report

Better Credit Blog

ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-party debt collector, which means that they may be hired by your original creditor, or they may purchase your old debt on the chance that you pay them instead. Validate the Debt.

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How to Get Wilshire Consumer Credit Off Your Credit Report

Better Credit Blog

They are a third-party debt collector and auto loan financer out of California. Like many debt collectors, they have faced many consumer complaints over the years. This is a federal regulation that prevents debt collectors from harassing or abusing consumers in the pursuit of payment.

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How to Remove National Credit Systems From Your Credit Report

Better Credit Blog

If you owe an old landlord money on your rent, you may begin to hear from a debt collector called National Credit Systems. National Credit Systems is a third-party debt collector that has been hired on behalf of the original creditor to collect the debt from you.

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How to Remove FMA Alliance From Your Credit Report

Better Credit Blog

FMA Alliance is a third-party debt collector that works with companies to recover delinquent accounts from customers. Before a debt collector can contact you for payment, they must first report the debt to the major credit bureaus. This can mean trouble for your future loan or interest rate prospects.

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3 Ways To Remove Charge-Offs From Your Credit Report

Better Credit Blog

One of the most effective ways to get negative items removed from your credit report is to pay the debt, in exchange for the creditor removing the charge-off from your credit report. With this method, you’d use your payment as leverage to convince the debt collector to help restore your credit. Ads by Money.

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Charged Off as Bad Debt: An Explainer

Credit Corp

When your debt is charged off as a bad debt, don’t fool yourself into thinking it goes away. A charged off debt can lead to harassing phone calls, garnished wages, and a major drop in your credit score. According to the Federal Reserve, consumer loans had a charge-off rate of around 2.3% Consolidate your debt.