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Fair Debt Collection Loans Original Creditor 
Account Recovery
OCTOBER 3, 2022
COLLECTOR NOT OBLIGATED TO NOTIFY CREDITOR OF DISPUTE A judge in Oklahoma has granted a motion to dismiss, ruling the defendant was not obligated under the Fair Debt Collection Practices Act to notify the original creditor that a debt was being disputed.
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Account Recovery
JANUARY 13, 2025
A District Court judge in Arizona has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling that the plaintiff failed to sufficiently establish the defendant’s status as a “debt collector” under the statute and did not plead adequate facts to support the alleged violations.
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Account Recovery
FEBRUARY 18, 2025
With this uptick, regulatory scrutiny may rise, leading to more complaints and lawsuits under laws like the FDCPA (Fair Debt Collection Practices Act) and Regulation F due to errors in handling bankrupt debt. Ocwen Loan Servicing, LLC, No. Translation: to CYA, you need better original creditor contracts.]
Debt Free Colorado
FEBRUARY 21, 2022
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. What is the Federal Fair Debt Collection Practices Act (FDCPA)?
Nexa Collect
JUNE 21, 2023
Credit Score Impact : The collection account may be reported to the credit bureaus, negatively affecting your credit score. This can make qualifying for credit cards, loans, mortgages, or even certain jobs harder. Increased Debt : If you ignore the debt, interest and fees may accumulate, potentially increasing the total amount you owe.
Credit Corp
MARCH 12, 2025
Step 2: Make the Debt Collector Prove Their Case When your credit card debt moves to debt collections and the collection sues you, the burden of proof becomes their responsibility instead of the original creditor’s. Its often included as a clause in credit card and loan agreements.
Credit Corp
JUNE 1, 2023
When this happens, it means your debt has gone to collections and debt collectors from the collection agency will now try to contact you for payment. Some contracts may have a grace period where you can still pay your debt after it’s due.
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Better Credit Blog
AUGUST 21, 2020
If you have heard from a debt collector called MRS BPO LLC recently, you may already be aware of this and looking for a way to fix the situation. MRS BPO LLC is contacting you because they are now responsible for collecting a debt on behalf of your original creditor. Is MRS BPO Legitimate?
Better Credit Blog
SEPTEMBER 9, 2020
This can mean that you may be passed over for loan and credit card approvals in the future. The only way to get your credit score back on track is to remove the collection entry as soon as you can. Although Sunrise Credit Services is indeed a legitimate debt collector , they are not thought kindly of by their customers.
101 
Better Credit Blog
APRIL 3, 2022
Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts. In other words, when the original creditor has been unsuccessful in collecting on a debt, it will write off the debt as a loss. Make Them Prove the Debt is Yours.
Better Credit Blog
APRIL 1, 2022
A good credit score allows you to get better rates on car or mortgage loans just to name a few. If you fall into hard times, the inability to pay off your credit card bills or student loans can result in your debts being transferred to a debt collection agency. Debt Validation.
Troutman Sanders
OCTOBER 12, 2021
district judge in Arkansas recently granted the defendant McKendra Adams’s (Adams) motion to dismiss for lack of standing involving an alleged violation of the Fair Debt Collection Practices Act (FDCPA). The case began when Cheatham defaulted on a car loan and surrendered the vehicle, which was sold at auction.
Credit Corp
SEPTEMBER 12, 2023
FAQ Consider Hiring a Credit Repair Company How Collection Accounts Impact Your Credit Collection accounts have a significantly damaging impact on your credit score because they’re negative marks that indicate to lenders you may not pay your bills on time—or ever. You can also contact the original creditor to get this information.
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FFGN COLLECT NY
DECEMBER 12, 2023
There are many ways to request debt verification, such as writing a request letter. The letter must detail the specific information you require, such as proof of agreement with the original creditor, a final account statement issued by the creditor, and a breakdown of the debt (due dates, interest rate, and principal amount).
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Debt Collection Answers
MAY 18, 2023
Caine and Weiner specialize in reporting collections accounts on credit reports. Having a collections account from Caine and Weiner on your credit report can damage your credit score and make obtaining loans and other financial activities difficult.
Better Credit Blog
SEPTEMBER 18, 2020
National Credit Services is one such debt collector that may contact you if you fail to make payments on an overdue bill. If National Credit Services contacts you, it means that they have either been hired by your original creditor or have acquired the debt from your original creditor. Validate the Debt.
Taurus Collect
NOVEMBER 15, 2023
Regulations around debt collection are strict, and experts from no cure no pay debt collection UK are here to help you navigate these waters. In this post, we will explore the rights and regulations governing debt collection in the UK. Dispute Unrecognised Debts: If you do not recognise a debt, dispute it.
Better Credit Blog
SEPTEMBER 11, 2020
They collect a variety of debts including those from banks, telecommunication companies, student loan providers, college and universities, and more. Even if you pay off the debt, EOS CCA’s collection account will not disappear from your credit report. Steps to Remove EOS CCA from Your Credit Report.
Better Credit Blog
JULY 13, 2020
Nationwide Recovery Service will appear on your credit report as a collection agency. This is because the original creditor of your debt has hired them to recover payments from you. You may find that the same debt is listed twice: once for the original creditor and once for Nationwide Recovery Service.
Better Credit Blog
NOVEMBER 25, 2020
Many people are having to choose between paying bills on their student or car loans and providing food for their families. If you have had a bill go into collections, you may start hearing from a company called Advanced Collection Bureau Inc. Make a Pay-for-Delete Agreement. They usually only pay a fraction of the balance.
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Better Credit Blog
AUGUST 31, 2020
Collection accounts on your credit report can influence your credit score for up to seven years, even if you pay off the debt. This means that future lenders can see that you had a debt that went to collections, and they can make loan decisions accordingly. The debt collection process is not perfect.
Credit Corp
AUGUST 31, 2021
Some debt buyers —companies that buy and try to collect very old debts—still go after borrowers and might even take them to court. If they do this knowing that the debt is past the statute of limitations, they may have violated the Fair Debt Collections Practices Act. You default on that debt.
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?
Better Credit Blog
AUGUST 21, 2020
If you have failed to pay a bill, you may begin to hear from a collection agency known as Radius Global Solutions. This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. Let them know.
Better Credit Blog
AUGUST 22, 2020
If you have a debt that you haven’t paid yet, you may have heard from a debt collector called CCS Offices. CCS Offices is a company that collects debts on behalf of original creditor. They do this by either purchasing the debt or collecting the payments and taking a portion for themselves.
Better Credit Blog
SEPTEMBER 29, 2020
Collection accounts can hurt your credit score for up to seven years even after you pay off the debt. They can also be viewed by lenders down the line, which means you could be denied loans or credit cards. The next step, and perhaps the most urgent, is to request debt validation from 11 Charter Bright House.
Better Credit Blog
SEPTEMBER 8, 2020
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.
Better Credit Blog
AUGUST 31, 2020
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.
Taurus Collect
FEBRUARY 1, 2024
These guidelines are designed to protect consumers and ensure fair debt collection practices. Debt collectors reach out for one clear reason: you likely have an unpaid debt that has been reported as delinquent. This transfer of debt obligation brings the collector to your doorstep, figuratively speaking.
Collection Industry News
APRIL 2, 2024
Our rating: False There is nothing illegal about collection agencies buying debt from third parties and attempting to collect it. The post also misrepresents the protections in place to prevent harassment by debt collectors. The $1,000 maximum is also per lawsuit, not per incident as the claim asserts.
Better Credit Blog
SEPTEMBER 9, 2020
This is because collection accounts on your credit report can have a significant impact on your score for up to seven years. You may even be turned down for loans and credit cards because of it. Collection accounts are a negative mark on your credit report, and it is important that you remove them as soon as you can.
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.
Better Credit Blog
DECEMBER 29, 2020
They are a third-party debt collector and auto loan financer out of California. They are aggressive, and they will not stop unless you pay them or remove their account from your collection account. We can help you remove their collection account from your credit report.
Better Credit Blog
AUGUST 11, 2020
However, many people don’t realize that under the Fair Debt Collection Practices Act (FDCPA), you are allowed to request that debt collectors contact you strictly via U.S. In order to request a goodwill deletion, you will need to write a letter to Palisades Collection LLC. Request Debt Validation.
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Better Credit Blog
AUGUST 7, 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. The first step when dealing with debt collectors is to request that they only communicate with you in writing.
Better Credit Blog
FEBRUARY 19, 2021
This will result in a collections account being opened under FMA Alliance’s name on your credit report. This can mean trouble for your future loan or interest rate prospects. Other complaints are the result of a more serious issue with FMA Alliance’s collection tactics. Collection accounts can wreak havoc on your credit.
Better Credit Blog
SEPTEMBER 30, 2020
If you forget to pay a bill, the original creditor may move the debt to collections. This means that you may start to get phone calls from a debt collector like AAA Collections, harassing you to repay the debt. Hire a Professional. Know Your Rights Under the FDCPA.
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Better Credit Blog
SEPTEMBER 18, 2020
Collection accounts are a black mark on your credit report. They can remain on your report for up to seven years even if you pay the debt. Future lenders can see them and make loan decisions based on the fact that you failed to pay a debt. This is a way that you can get the collection entry deleted on a technicality.
Better Credit Blog
SEPTEMBER 4, 2020
If you have heard from a debt collector called Rausch Sturm, you are probably being pursued for an old debt. You have also probably seen them appear on your credit report as a collections account. This is because Rausch Sturm has been hired by your original creditor to collect the debt on their behalf.
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.
Credit Corp
JULY 7, 2021
He goes on to explain that “under the Fair Debt Collection Practices Act, debt collectors may not make false representations in connection with collecting debts, and may not take or threaten to take legal action that cannot be taken. Reduce Your Student Loan Payments. Collections & Your Credit.
FDCPA Defense
JANUARY 28, 2012
Debt buyers are being sued based on the conduct of their agencies and law firms. Even original creditors, who are not subject to the FDCPA, are being drawn into FDCPA litigation under various theories of recovery. For this reason, original creditors are not subject to the FDCPA (except in very limited circumstances).
Better Credit Blog
APRIL 5, 2022
A collection account will lower your credit score and can generally stay on your credit report for up to seven years. Often, a collection entry will even keep you from getting a mortgage or securing an auto loan, which is why it’s important to do all you can to remove collections from your credit report quickly.
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Credit Corp
FEBRUARY 23, 2024
Zombie debt is a broad term that refers to past debts that are still affecting you. An example of zombie debt is a three-year-old loan that should be paid off. The term “zombie debt” refers to a past debt that shouldn’t affect you anymore yet continues to appear on your credit report.
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