Is Credit Control Corporation On Your Credit Report?

Credit Control Corporation: Who Do They Collect For?

Credit Control Corporation is a debt collection agency that appears on your credit report when they claim you owe them money. They often purchase debts from original creditors such as credit card or loan companies, usually at a fraction of the cost, sometimes even at 1/10th of the original amount. Alternatively, they may be contracted to collect on behalf of another company.

They may attempt to contact you via mail or phone calls demanding payment. The presence of a collections account on your credit report can negatively impact your credit score and your chances of being approved for a loan or other financial transactions. However, it might be possible to get this account removed.

Does Credit Control Corporation Impact My Credit Score?

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

How Can I Remove Credit Control Corporation From My Credit Report?

If there are inaccuracies, errors, or fraudulent activities related to the account, it is possible to have Credit Control Corporation removed from your credit report. According to a U.S. PIRGs study, 79% of credit reports contain mistakes or serious errors. We specialize in dealing with these types of accounts for our clients.

Is Credit Control Corporation A Debt Collection Agency?

Yes, Credit Control Corporation is a debt collection agency. They purchase debt from various creditors who have given up on collecting the owed amount themselves, often referred to as a "charge-off".

Should I Opt For Pay For Delete With Credit Control Corporation?

Though it might seem ideal to pay off Credit Control Corporation to have credit bureaus delete it from your report, doing so only changes your credit report status from 'unpaid' to 'paid'. Your collections account will still appear on your report for seven years (from the date of first delinquency), thus continuing to affect your credit.

Should I Negotiate A Settlement With Credit Control Corporation?

Whether settling your debt with Credit Control Corporation will help or hurt your score depends on several factors. If there are any issues with the account, you may not have to pay at all and could even get it removed completely.

Is Credit Control Corporation Legitimate, Fake, Or A Scam?

Credit Control Corporation is a legitimate company. However, they may engage in spam calling or harassment.

Why Does Credit Control Corporation Keep Calling Me?

Credit Control Corporation continues to call in an attempt to collect a debt. It's advisable to ignore their calls and consult with a company that can help you get it removed.

Will Credit Control Corporation Try To Sue Me Or Garnish My Wages?

It's highly unlikely that Credit Control Corporation will decide to sue. While it may occur in rare cases, it's not the norm. There are state and federal limits or 'exemptions' that apply to bank and wage garnishments. We strongly recommend contacting us to assess the likelihood of a lawsuit and discuss steps to get this collection removed.

Does Credit Control Corporation Accept A Goodwill Letter To Remove My Collection/Charge-Off?

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

For Whom Does Credit Control Corporation Collect?

Credit Control Corporation is a debt collection agency that retrieves unpaid debts for a wide range of creditors. The specific creditors they work with can vary and often, agencies like Credit Control Corporation do not publicly disclose their clients.

What Rights Do I Have When Interacting With Credit Control Corporation?

As a consumer, you have the right to challenge any debt that Credit Control Corporation claims you owe. This agency is regulated by both the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). While these laws may seem complex, they confer significant power to consumers who understand how to leverage them.

What Is The Phone Number Of Credit Control Corporation?

Before reaching out to Credit Control Corporation, it may be beneficial to contact a company like DIY Credit. Why? It's simple. You might not need to pay the debt claimed by Credit Control Corporation, particularly if there are inaccuracies involved. In fact, settling such a debt could negatively impact your credit score.

Where Can I Locate The Login For Credit Control Corporation?

While logging into Credit Control Corporation might seem like a logical step, we strongly recommend consulting with a Credit Repair company (like us) first. We can review why Credit Control Corporation appears on your report and explore how we might dispute and potentially remove them.

Eliminate Credit Control Corporation From Your Report Today!

In certain circumstances, engaging with a Credit Repair professional to analyze your credit report might be the best course of action. It saves you time, stress, and hassle, allowing experts to identify the reasons for your score drop. If you're in search of a trustworthy company to help you rectify credit errors, don't hesitate to give us a call.

CALL US NOW AT 803-784-8100