Is Allied Business Services On Your Credit Report?

Who is the Target of Allied Business Services' Debt Collection?

Allied Business Services functions as a debt collection agency and may have reported a collection account on your credit report.

This could signify that they bought the debt from the original lender, such as a credit card or loan company, often at a significantly reduced cost. Alternatively, they may be acting as collectors on behalf of another entity without owning the debt themselves.

Their communication methods may include mail or phone calls, demanding repayment. The inclusion of a collections account on your credit report can negatively affect your credit score and potential to secure loans or other crucial financial transactions.

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

Does Allied Business Services Negatively Impact My Credit Score?

Any negative mark under its statute of limitations, including a collections account, can substantially harm your credit score.

How Can I Remove Allied Business Services from My Credit Report?

If the account information is incorrect, erroneous, or fraudulent and cannot be rectified within a reasonable time frame, it might be possible to remove Allied Business Services from your credit report. According to a U.S. PIRGs study, 79% of credit reports contain mistakes or significant errors. We specialize in addressing these types of accounts for our clients.

Is Allied Business Services a Debt Collection Agency?

Yes, Allied Business Services is a debt collection agency that purchases debts from various creditors who have ceased trying to collect the sums owed themselves, also known as a "charge-off".

Should I Opt for 'Pay For Delete' with Allied Business Services?

While it may seem ideal to pay off Allied Business Services to have credit bureaus erase the debt from your report, doing so only changes your credit report status from 'unpaid' to 'paid'. The collections account will still appear on your report for seven years (from the date of first delinquency), continuing to affect your credit.

Should I Negotiate a Settlement with Allied Business Services?

Whether settling your debt with Allied Business Services will benefit or harm your score depends on several factors. If there are any issues with the account, you may not have to pay anything and can potentially have it removed entirely, thereby avoiding further contact with them.

Is Allied Business Services a Legitimate Company, a Scam, or Fake?

Allied Business Services is a legitimate entity and is neither a scam nor a fake company. However, they might persistently call and pester you.

Why Does Allied Business Services Keep Contacting Me?

Allied Business Services continues to reach out in an attempt to collect the debt. Ignoring their calls and seeking assistance from a company that can help remove the debt is a recommended course of action.

Will Allied Business Services Attempt to Sue or Garnish My Wages?

While it's rare, Allied Business Services could potentially sue, though it's not typical. Both state and federal laws have 'exemptions' relating to bank and wage garnishments. We advise calling us to assess the likelihood of a lawsuit and explore steps to remove this collection.

Can I Use a Goodwill Letter to Remove My Collection/Charge-Off from Allied Business Services?

Based on our experience, goodwill letters are generally not accepted by Allied Business Services to remove collection accounts or charge-offs. This is a common practice among most collection agencies.

Who are the Creditors for Allied Business Services?

Allied Business Services collects debts on behalf of various creditors, usually lending companies. However, the list of these creditors changes frequently, and collection agencies, including Allied Business Services, typically do not disclose who they buy debt from publicly.

What Rights Do I Have When Interacting with Allied Business Services?

You have the right to dispute any debt that Allied Business Services is attempting to collect from you. They are subject to the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). While these acts may seem complex, they can be quite empowering if you understand how to leverage them.

What is the Contact Number for Allied Business Services?

Before reaching out to Allied Business Services, we recommend getting in touch with DIY Credit. Here's why: you might not need to pay the debt to Allied Business Services, especially if it's potentially incorrect. Settling it could negatively impact your credit score.

Where Can I Find the Login for Allied Business Services?

While logging into Allied Business Services might seem like a good idea, we strongly suggest contacting DIY Credit first. We will review why Allied Business Services appears on your report and explore how we might dispute and possibly remove them.

How Can I Remove Allied Business Services from My Report Today?

In some situations, we advise consulting with DIY Credit to analyze your credit report. It saves you stress, hassle, and time to let professionals identify the causes for your score decline. If you're searching for a reputable company to assist in removing credit errors, don't hesitate to give us a call.

CALL US NOW AT 803-784-8100

or click here to book your appointment.