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.
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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
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.
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?
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.
Expert insights. Personalized for you.
130 
Let's personalize your content