Is Accounts Receivable Inc. Appearing on Your Credit Report?

Accounts Receivable Inc. functions as a debt collection agency, and if they're appearing on your credit report, it may not be obligatory for you to settle the debt - doing so could negatively impact your credit score. Contact us at 803-784-8100 to discuss the potential of having Accounts Receivable Inc. eliminated from your credit report, possibly without the need to pay your debt.

Who is Accounts Receivable Inc Collecting For?

Accounts Receivable Inc is a debt collector that reports collection accounts on your credit report. This could mean they've purchased the debt from the original creditor (like a credit card or loan company) often at a fraction of the original cost, or they may be paid to collect on behalf of another company.

Their communication attempts might include mail or phone calls demanding payment, and the presence of a collections account on your credit report could harm your credit score and your chances of loan approval. However, removal of this account from your report may be possible.

Does Accounts Receivable Inc Impact My Credit Score?

Any derogatory mark within its statute of limitations, including a collections account, can significantly affect your credit score.

How Can I Get Accounts Receivable Inc Off My Credit Report?

If there's incorrect, erroneous, or fraudulent information on the account, it may be possible to remove Accounts Receivable Inc from your credit report. According to a U.S. PIRGs study, 79% of credit reports contain mistakes or serious errors. We specialize in addressing these types of accounts for our clients.

Is Accounts Receivable Inc a Debt Collection Agency?

Yes, Accounts Receivable Inc is a debt collection agency. They purchase debt from various creditors who have deemed the debt uncollectable themselves (often known as a "charge-off").

Should I Opt for 'Pay for Delete' with Accounts Receivable Inc?

While paying off Accounts Receivable Inc to have it deleted from your credit report might seem like the perfect solution, doing so changes your credit report status from 'unpaid' to 'paid'. This means the collection account still appears on your report for 7 years (from the date of first delinquency), affecting your credit.

Should I Settle My Debt with Accounts Receivable Inc?

While settling your debt with Accounts Receivable Inc may potentially help your score, it could also harm it. The answer depends on several factors. If there are any issues with the account, you may not have to pay at all and could possibly have it entirely removed.

Is Accounts Receivable Inc a Genuine Company?

Accounts Receivable Inc is a legitimate company and not a scam. However, they may engage in persistent calling or harassment tactics.

Why Do I Keep Getting Calls from Accounts Receivable Inc?

If Accounts Receivable Inc keeps calling you, they're attempting to collect a debt. It's best to ignore their calls and consult with a company that can assist you in getting it removed.

Can Accounts Receivable Inc Sue Me or Garnish My Wages?

Although rare, Accounts Receivable Inc may decide to sue, but it's not the norm. State and federal laws limit bank and wage garnishments. We strongly advise contacting us to evaluate the likelihood of a lawsuit and steps you can take to get this collection removed.

Does Accounts Receivable Inc Accept Goodwill Letters to Remove My Collection/Charge-Off?

In our experience, Accounts Receivable Inc does not accept goodwill letters to remove collection accounts or charge-offs, which is typical of most collection agencies.

Who are the creditors for Accounts Receivable Inc?

Accounts Receivable Inc undertakes debt collection for a range of lending institutions, known as creditors. The specific creditors they work with can change frequently and it's common practice for debt collection agencies, including Accounts Receivable Inc, to not publicly disclose their client list.

What rights do I have when interacting with Accounts Receivable Inc?

You are entitled to challenge any debt that Accounts Receivable Inc is attempting to collect from you. The company operates under the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). Although these laws may seem complex, they can offer significant protection if you understand how to utilize them.

What is the contact number for Accounts Receivable Inc?

Before contacting Accounts Receivable Inc directly, it may be beneficial to first get in touch with DIY Credit. This is because settling the debt with Accounts Receivable Inc, especially if there's a chance it could be erroneous, might negatively impact your credit score.

Where can I access the Accounts Receivable Inc login?

While logging into Accounts Receivable Inc might seem like a sensible step, we strongly advise reaching out to DIY Credit before doing so. We can help assess why Accounts Receivable Inc appears on your credit report and explore strategies to dispute and potentially remove them.

How can I remove Accounts Receivable Inc from my credit report?

In certain situations, we recommend consulting with DIY Credit to review your credit report. It's less stressful, time-consuming, and more efficient to allow professionals to pinpoint the causes for your score drop. If you're seeking a reputable firm to assist in removing credit inaccuracies, feel free to reach out to us.

CALL US NOW AT 803-784-8100