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

In addition to bringing your credit score down, a charge off looks bad to any future lenders that review your credit history. Lenders that might be willing to offer funds even though you have a lower credit score might balk if they see the charge off. You still owe the debt, and the company can still attempt to collect the debt.

Creditors 78

Creditors Lender Collection Agencies Collections Agency 78

Better Credit Blog

NOVEMBER 24, 2020

ACS Inc is a collection agency that works with lenders and creditors to recover payments on defaulted loans or unpaid bills. In order to legally collect on your debt, they must first open a collection entry on your credit report. It will also show future lenders that you have a history of racking up unpaid debt.

Debt collector 52

Debt collector Collections Lender Creditors 52

Better Credit Blog

OCTOBER 14, 2020

AFS collects for businesses in several industries, including the following: Commercial debt. Apartment complex collections. Legal collections. Wondering exactly how the debt collection process works? Auto loans. How Does Accelerated Financial Solutions Work?

Debt collector 52

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

Debt collector 52

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

Credit Corp

FEBRUARY 21, 2021

It also gives you regular updates on 28 of your FICO® scores , so you have a clear picture of what your credit history looks like to lenders. If you simply can’t afford to pay, talk to a legal professional about your options, rights , and what consequences could come from paying or not paying old debt. Get Your Reports.

Collection Agencies 88

Collection Agencies Collections Agency Creditors Collections 88