What Is Aci Collections On My Credit Report?
Aci Collections is a debt collection agency. If you are seeing them on your credit report, it likely means they have purchased your debt from a creditor and are (or will be) attempting to collect it from you.
Is Aci Collections A Debt Collection Agency?
Yes, Aci Collections is a debt collection agency. They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off").
Aci Collections may attempt to reach out via mail or phone calls (demanding payment). The worst part is a collections account will now be seen on your credit report. This hurts your score, as well as reducing your chances of getting approved for a loan or other important financial event.
But it’s not all bad news! We may be able to help you with this account. Call us today to find out more.
Who Does Aci Collections Collect For?
Aci Collections purchases debt from a range of different creditors. The information isn’t always publicly available and is constantly changing, so it’s difficult to provide an accurate and up-to-date list.
Does Aci Collections Hurt My Credit Score?
Yes, it is highly likely having Aci Collections on your credit report is damaging your score significantly.
How to Deal with Aci Collections If You Owe the Debt
If you find yourself in debt and Aci Collections has started to contact you, don't ignore their calls or letters. Ignoring the debt won't make it go away and Aci Collections may escalate their collection efforts, potentially resulting in legal action. Instead, reach out to Aci Collections and try to negotiate a payment plan that works for you.
If you're having trouble making payments, you may be able to negotiate a settlement for less than the full amount owed. However, keep in mind that settling a debt can negatively impact your credit score. Consider working with a credit repair professional like Credit Sage to help navigate the process and protect your credit.
What to Do If Aci Collections Is Reporting Inaccurate Information on Your Credit Report
If you find that Aci Collections is reporting inaccurate information on your credit report, you have the right to dispute the debt. Request a copy of your credit report from one of the three major credit bureaus (Experian, Equifax, or TransUnion) and review it for any errors. If errors are found, you can dispute them with the credit bureau and with Aci Collections. You may need to provide documentation to support your claim such as proof that you paid the debt or that the debt was never yours in the first place.
Credit repair professionals like Credit Sage can help navigate the dispute process and work with both the credit bureaus and Aci Collections to remove any inaccurate information from your credit report.
How Do I Remove Aci Collections From My Credit Report?
To be eligible to remove Aci Collections from your credit report, you typically need to meet the following requirements:
- Any information on the account is incorrect
- Any information on the account is error’d
- Any information on the account is fraudulent
- And is not (or cannot be) fixed in an appropriate amount of time
According to a study by the U.S. PIRGs, 79% of credit reports contain mistakes or serious errors. Going after these types of accounts for our clients is our specialty.
Should I Pay For Delete With Aci Collections?
Paying off Aci Collections to have credit bureaus delete it from your report sounds like a good idea. There's one major problem. Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collection remains on your report for 7 years (from the date of first delinquency). This means your credit is still damaged.
Should I Negotiate A Settlement With Aci Collections?
Settling your debt with Aci Collections could go both ways. It may help your score, but it may also hurt your score. Many variables impact the end result. There is a better path to a good result. Work with a company that is able to review these accounts for you (like Credit Sage), and if any issues with the account exist you may have it removed all together (and never have to hear from them again).
Is Aci Collections Legit, Fake Or A Scam?
Aci Collections is a legitimate company. They aren’t fake or trying to scam you. But it is likely they are spam calling you trying to collect a debt. One of the best ways to deal with this is to dispute and remove unvalidated debts.
Why Do Aci Collections Keep Calling Me?
Aci Collections continues to call and attempt to collect a debt. The best thing you can do is ignore their calls and speak with a company that can help you get it removed (like Credit Sage).
How To Get Aci Collections To Stop Calling Me?
As we’ve mentioned above, Aci Collections will be calling you to attempt to collect a debt. The best thing you can do to stop this is speak with a company that can help you get them removed from your credit report, like Credit Sage. Once they are off your credit report, you won’t have to hear from them again.
Aci Collections Reviews And Complaints
Aci Collections has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Aci Collections Try Suing Or Garnishing My Wages?
Aci Collections suing would be a very unlikely situation. In rare cases it may happen, but it certainly isn’t the norm. State and federal laws place limits or 'exemptions' that apply to bank and wage garnishments.
We strongly recommend calling us, we’ll help determine the likelihood of a lawsuit, but also provide you next steps in getting this collection removed.
Does Aci Collections Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Aci Collections does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Aci Collections?
You have the right to dispute any of your debt that Aci Collections has purchased. Aci Collections is governed by the Fair Debt Collection Practices Act (or FDCPA) and the Fair Credit Reporting Act (or FCRA). While these acts seem very complicated, they provide a great deal of power to the consumer if you know how to use it properly.
What Is Aci Collections Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Aci Collections. The reason? You may not want to pay Aci Collections debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Aci Collections Removed From Your Report, Today!
In most cases, we recommend speaking with a Credit Repair professional to analyze your credit report before you attempt to settle any debt. The main reason? Settling your debt may actually hurt your score.