Who is Action Collection Agency Collecting for?

Action Collection Agency acts as a debt collector that may show up on your credit report.

In certain situations, they may have bought the debt from the original creditor, such as a credit card or loan company, often at a fraction of the original cost. In other cases, they might not own the debt but are instead being compensated to collect it on behalf of another company.

You may receive communication from them through mail or phone calls demanding payment. The presence of a collections account on your credit report can negatively affect your credit score and your ability to get approved for a loan or other significant financial transactions.

However, it might be possible to get this account removed.

Does Action Collection Agency Negatively Impact My Credit Score?

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

How Can I Eliminate Action Collection Agency From My Credit Report?

If any information on the account is incorrect, erroneous, or fraudulent and cannot be resolved in a timely manner, it may be possible to remove Action Collection Agency 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 Action Collection Agency a Debt Collection Agency?

Yes, Action Collection Agency is a debt collection agency. They purchase debts from various creditors that have abandoned efforts to collect the debt themselves, often referred to as a "charge-off".

Should I Opt for Pay For Delete With Action Collection Agency?

While paying off Action Collection Agency to have the debt deleted from your credit report may seem like the perfect solution, it has a downside. Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collections still appear on your report for seven years from the date of first delinquency, affecting your credit.

Should I Negotiate A Settlement With Action Collection Agency?

Settling your debt with Action Collection Agency may improve or harm your credit score, depending on various factors. In some cases, you might not need to pay at all, and if there are any issues with the account, you may be able to have it removed completely, freeing you from further contact with them.

Is Action Collection Agency Genuine, Fake, or a Scam?

Action Collection Agency is a legitimate business and not a scam. However, they may pester you with calls.

Why Does Action Collection Agency Keep Contacting Me?

Action Collection Agency continues to call in an attempt to collect a debt. The best course of action is to ignore their calls and consult with a company that can help you get the debt removed.

Will Action Collection Agency Try To Sue or Garnish My Wages?

Although it's unlikely, there are rare instances where Action Collection Agency may decide to sue. State and federal laws set limits or 'exemptions' for bank and wage garnishments. We strongly recommend contacting us to assess the likelihood of a lawsuit and to discuss steps to get the collection removed.

Does Action Collection Agency Accept a Goodwill Letter to Remove My Collection/Charge-Off?

Based on our experience, Action Collection Agency typically does not accept goodwill letters to remove collection accounts or charge-offs, which is common among most collection agencies.

Who is Action Collection Agency Collecting for?

Action Collection Agency operates as a debt collector for numerous lending entities or creditors. The specific companies they collect for are subject to change and typically not disclosed by the agency.

What are my Rights when Interacting with Action Collection Agency?

You retain the right to challenge any debt that Action Collection Agency is attempting to collect from you. The agency is regulated by the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA), which, although complex, can provide you with significant leverage if utilized correctly.

What is the Contact Number for Action Collection Agency?

Before reaching out directly to Action Collection Agency, we recommend contacting DIY Credit. This is because it may not be in your best interest to settle a debt with Action Collection Agency, especially if there are potential inaccuracies. Settling such debt could negatively impact your credit score.

Where can I access Action Collection Agency's Login Page?

While logging into Action Collection Agency might seem like a good idea, we advise you to consider contacting DIY Credit first. We can help assess why Action Collection Agency appears on your report and explore how we might dispute and potentially remove them.

How can I Remove Action Collection Agency from my Report Today?

In some instances, we suggest consulting with DIY Credit to analyze your credit report. It's much less stressful and time-consuming to let experts identify the reasons for your score drop. If you're in search of a reputable company to assist you in removing credit errors, don't hesitate to give us a call.

CALL US NOW AT 803-784-8100