Is Action Revenue Recovery On Your Credit Report?

Who is Action Revenue Recovery Collecting Debts For?

Action Revenue Recovery is a debt collection agency that appears on your credit report when they have a collection account against you.

They may have procured the debt from the original lender (for instance, a credit card or loan provider), often at a fraction of the initial cost, in some instances. Alternatively, they may not be the debt owners but are contracted to collect the debt for another company.

You may receive communications from them via mail or phone calls requesting payment. Worse still, their collection account's presence on your credit report can harm your credit score and affect your eligibility for loans or other crucial financial events.

However, it might be feasible to have this account removed.

Does Action Revenue Recovery Affect My Credit Score?

Your credit score can be significantly impacted by any derogatory mark within its statute of limitations, and a collections account is no exception.

How Can I Remove Action Revenue Recovery From My Credit Report?

If there are inaccuracies, errors, or fraudulent activities associated with the account, it might be possible to remove Action Revenue Recovery from your credit report. As per a U.S. PIRGs study, 79% of credit reports have errors or serious issues. We specialise in assisting our clients with these types of accounts.

Is Action Revenue Recovery a Debt Collection Agency?

Yes, Action Revenue Recovery is a debt collection agency that purchases debt from various creditors who have abandoned their own collection efforts, a process sometimes known as a "charge-off".

Should I Opt for Pay-for-Delete with Action Revenue Recovery?

While it might seem ideal to pay off Action Revenue Recovery to have credit bureaus delete it from your report, there's a catch. 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, thus continuing to affect your credit.

Should I Negotiate a Settlement with Action Revenue Recovery?

Settling your debt with Action Revenue Recovery might improve or harm your score, depending on various factors. Also, if there are any issues with the account, you might not have to pay at all and could potentially have it removed entirely.

Is Action Revenue Recovery Legitimate or a Scam?

Action Revenue Recovery is a legitimate company, not a scam or a fake entity. However, they may resort to spam calls or harassment.

Why Does Action Revenue Recovery Keep Calling Me?

Action Revenue Recovery continues to call in an effort to collect a debt. The best approach is to ignore their calls and consult with a company that can assist you in having it removed.

Will Action Revenue Recovery Attempt to Sue or Garnish My Wages?

It's highly unlikely that Action Revenue Recovery will choose to sue. While it could happen in rare instances, it's not the standard practice. State and federal laws provide 'exemptions' for bank and wage garnishments. We strongly recommend contacting us to assess the likelihood of a lawsuit and strategies for removing this collection.

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

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

Who is the Clientele of Action Revenue Recovery?

Action Revenue Recovery acts as a debt collector for a diverse range of creditors. The specific companies they collect for tend to fluctuate and are usually not publicly disclosed by collection agencies, including Action Revenue Recovery.

What Rights Do I Have When Interacting with Action Revenue Recovery?

When dealing with Action Revenue Recovery, you are entitled to challenge any debt they're attempting to collect from you. Both the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA) regulate Action Revenue Recovery's operations. Although these laws may seem complex, they can be powerful tools in your favor if used appropriately.

How Can I Contact Action Revenue Recovery?

Before reaching out to Action Revenue Recovery directly, it might be wise to consult with DIY Credit. Why? The answer is straightforward. If the debt Action Revenue Recovery is trying to collect is potentially inaccurate, you may not want to pay it as it could negatively impact your credit score.

Where Can I Access Action Revenue Recovery's Login Page?

It might be beneficial to log in to Action Revenue Recovery's website. However, we strongly suggest getting in touch with DIY Credit first. We can review why Action Revenue Recovery appears on your report and explore ways to dispute them and potentially have them removed.

Need to Remove Action Revenue Recovery From Your Report? We Can Help!

In certain situations, we recommend consulting with DIY Credit to scrutinize your credit report. It's less stressful, less time-consuming, and less complicated to let experts figure out the causes behind your score drop. If you need a dependable company to assist you in eliminating credit errors, don't hesitate to contact us.

CALL US NOW AT 803-784-8100