Account Resolution Corporation

Is Account Resolution Corporation On Your Credit Report?

Who is Account Resolution Corporation Collecting Debts For?

Account Resolution Corporation operates as a debt collection agency, which may have reported a collection account on your credit report.

They collect debts in two ways. In some instances, they purchase the debt from the original creditor, such as a credit card or loan company, often at a fraction of the original cost. Alternatively, they might be employed to collect the debt on behalf of another company without owning the debt themselves.

Their attempts to recover the debt can include communication through mail or phone calls. Unfortunately, a collections account on your credit report can negatively impact your credit score and affect your ability to secure a loan or other financial services.

However, there may be possibilities for getting this account removed.

Does Account Resolution Corporation Negatively Impact My Credit Score?

Yes, any derogatory mark within its statute of limitations, including a collections account, can significantly damage your credit score.

How Can I Remove Account Resolution Corporation From My Credit Report?

Removing Account Resolution Corporation from your credit report might be possible if the account details are incorrect, contain errors, or are fraudulent and cannot be rectified within a reasonable timeframe. A U.S. PIRGs study indicates that 79% of credit reports contain mistakes or serious errors. Our expertise lies in addressing these types of accounts for our clients.

What is Account Resolution Corporation's Role?

Account Resolution Corporation is a debt collection agency. They acquire debts from various creditors who have decided to write off the debts as uncollectable.

Should I Opt For 'Pay For Delete' With Account Resolution Corporation?

While paying off Account Resolution Corporation to have them request credit bureaus to delete the debt from your report might seem ideal, it comes with a caveat. Paying a debt in collections merely changes your credit report status from 'unpaid' to 'paid'. Consequently, the collections account remains on your report for seven years from the date of first delinquency, continuing to affect your credit.

Should I Negotiate A Settlement With Account Resolution Corporation?

Negotiating a settlement with Account Resolution Corporation may either improve or harm your credit score, depending on various factors. You might not even need to pay at all. If there are any issues with the account, you could potentially have it removed entirely and avoid further contact from them.

Is Account Resolution Corporation Genuine or a Scam?

Account Resolution Corporation is a legitimate company, not a scam or a fake entity. However, they may resort to spam calls and harassment.

Why is Account Resolution Corporation Continually Calling Me?

Account Resolution Corporation's persistent calls are their attempts to collect a debt. It would be best to ignore their calls and consult a company that could help you get the collection removed.

Can Account Resolution Corporation Sue Me or Garnish My Wages?

The likelihood of Account Resolution Corporation deciding to sue is very low, though it can occur in rare instances. State and federal laws provide certain exemptions or limits related to bank and wage garnishments. We strongly advise contacting us to assess the possibility of a lawsuit and explore steps for removing this collection.

Does Account Resolution Corporation Acknowledge Goodwill Letters to Delete My Collection/Charge-Off?

Based on our knowledge, Account Resolution Corporation typically does not recognize goodwill letters for the removal of collection accounts or charge-offs. This is a common practice among most debt collection agencies.

Who are Account Resolution Corporation's Clients?

Account Resolution Corporation provides collection services for numerous creditors, which are lending companies. The specifics of these companies continually change and are usually not disclosed publicly by debt collection agencies, including Account Resolution Corporation.

What Rights Do I Have When Interacting with Account Resolution Corporation?

As a debtor, you have the right to contest any debt that Account Resolution Corporation is attempting to collect from you. The Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA) regulate the practices of Account Resolution Corporation. These laws may seem complex, but they can be powerful tools in your favor if utilized correctly.

How Can I Contact Account Resolution Corporation?

Before you contact Account Resolution Corporation, consider reaching out to DIY Credit first. Why? It's simple. You might not need to pay the debt claimed by Account Resolution Corporation, especially if there's a chance it's inaccurate. Paying it could potentially harm your credit score.

Where Can I Access Account Resolution Corporation's Login Portal?

You might want to log in to Account Resolution Corporation's portal. However, before doing so, we highly suggest contacting DIY Credit. We can help review why Account Resolution Corporation is on your report and explore how we might dispute and potentially remove them.

Can I Remove Account Resolution Corporation From My Report Today?

In certain situations, we advise consulting with a Credit Repair professional to review your credit report. It's less stressful, less time-consuming, and less hassle to let professionals pinpoint the causes of your score drop. If you're in search of a reputable company to assist in removing credit errors, don't hesitate to give us a call.

CALL US NOW AT 803-784-8100