What Is Cks Prime Investments On My Credit Report?
Cks Prime Investments 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 Cks Prime Investments A Debt Collection Agency?
Yes, Cks Prime Investments 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").
Cks Prime Investments 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 Cks Prime Investments Collect For?
Cks Prime Investments 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 Cks Prime Investments Hurt My Credit Score?
Yes, it is highly likely having Cks Prime Investments on your credit report is damaging your score significantly.
What to do if you receive a letter or call from Cks Prime Investments?
Receiving a letter or call from Cks Prime Investments can be an intimidating and stressful experience. However, it's important to remember you have rights when dealing with debt collectors and there are certain measures you can take to protect yourself. Should you think the debt is not authentic or the details are incorrect, dispute it with the credit bureau and debt collector alike. Make sure to keep track of all your communication with them, including recording any calls and noting down the name of anyone you speak to.
If the debt is legitimate but you are unable to pay it in full, then work out a payment plan with them. Be sure to get any agreement on paper and save copies for your records.
Finally, never forget that you have legal rights when it comes to being treated by debt collectors with respect and dignity.
The impact of Cks Prime Investments on your credit score
Having collections accounts on your credit report can be hugely damaging to your credit score. Even if the debt is paid off, these accounts can remain on your report for up to seven years, preventing you from receiving loans or credit cards. On top of this, collections accounts can also lead to harassing phone calls and letters from debt collectors causing more anxiety and stress.
At Credit Sage, we understand the impact that collections accounts can have and are here to help. We provide a reputable credit repair service that can help you dispute inaccurate or fraudulent information on your report and negotiate with debt collectors on your behalf. Our team of experts are there to guide you along the way so you don't have to go through this process alone.
How Do I Remove Cks Prime Investments From My Credit Report?
To be eligible to remove Cks Prime Investments 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 Cks Prime Investments?
Paying off Cks Prime Investments 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 Cks Prime Investments?
Settling your debt with Cks Prime Investments 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 Cks Prime Investments Legit, Fake Or A Scam?
Cks Prime Investments 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 Cks Prime Investments Keep Calling Me?
Cks Prime Investments 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 Cks Prime Investments To Stop Calling Me?
As we’ve mentioned above, Cks Prime Investments 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.
Cks Prime Investments Reviews And Complaints
Cks Prime Investments has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Cks Prime Investments Try Suing Or Garnishing My Wages?
Cks Prime Investments 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 Cks Prime Investments Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Cks Prime Investments does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Cks Prime Investments?
You have the right to dispute any of your debt that Cks Prime Investments has purchased. Cks Prime Investments 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 Cks Prime Investments Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Cks Prime Investments. The reason? You may not want to pay Cks Prime Investments debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Cks Prime Investments 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.