Have you checked your credit report only to find an entry pertaining to Credit Control LLC and wondered what it is doing there?
Credit Control LLC is a collection agency whose job is to recover debts owed to a creditor. However, if you do not believe that you owe the debt, or rather feel that the information is incorrect, you can dispute this entry. Disputing errors on your credit report is a crucial step to restoring your credit health, and with a finely tuned strategy, you will succeed in removing Credit Control LLC from your credit report.
In this article, we provide a guide on how to remove Credit Control LLC from your credit report. You can take this process if the debt is incorrect, outdated, or a result of a fraud. This will also introduce a trusted credit repair agency, CreditSage, who helps clients file and settle credit report disputes for them. The process of disputing that entry should begin with an understanding of exactly why Credit Control LLC is on your credit report in the first place.
Introduction to Credit Control LLC
Credit Control LLC is a third-party collection agency, charged with recovery of debts owed to a creditor. It means that when you default on payment on loans, credit cards, or other debts, the original creditor may turn the responsibility to collection agencies like Credit Control LLC to recover dues. These collection agencies usually report the debts to the credit bureaus, hence tarnishing the borrower's credit report. In some cases, this mark can stay there for as long as seven years from the date the debt was incurred, lending the negative impact on the borrower's credit report.
However, there may be times when the variety of reports released from Credit Control LLC are erroneous. The debt might not be yours, or the amount may be wrong. If you feel that Credit Control LLC has made a mistake in this instance, it is essential to act quickly and place a dispute with the credit bureau.
CreditSage provides assistance in this area by managing the dispute process and working directly with the credit bureaus and agencies like Credit Control LLC on your behalf. If you think the debts are being reported incorrectly, having such professionals assist you will ensure a smooth process and feasibility of granting the full protection of your rights.
Reviewing Your Credit Report for Mistakes
The first step to knocking Credit Control off your credit report is to investigate all of the information that they are reporting. It is important to double-check everything for accuracy, because mistakes are common with credit reports.
Start by pulling your credit report from all three major credit bureaus: Experian, TransUnion, and Equifax. You are entitled to one free yearly credit report from each bureau under the law, just visit AnnualCreditReport.com, a site approved by the federal government. Review the report for any references made to Credit Control LLC. Pay close attention to:
- Account Information: Check the amount of the debt, the date the debt was incurred, and the name of the creditor. Errors are often noticed along a trend.
- Debt Status: Check to see whether the reported debt is peculiar that's not showing as paid or settled but remains as a collection. If a debt shows as paid off, then it becomes an error.
- Double Entries: At times, an account can be reported twice for one debt, assigning it to a much lower credit score.
- Late Payments or Other Errors: Verify if any late payments or reported balances account for the real state of your balance.
If discrepancies are found after reviewing your report, you'll need to get the relevant papers to dispute the errors, which may be a receipt, bank statements, or other documents that are available in order to prove that the debt is disputed, correct, or already paid off.
CreditSage offers cuts in credit report review services that work on errors, and help clients gather all necessary evidence documentation for their dispute. With professional help, you will ensure that no stone is left unturned in the credit report review for inaccuracies.
Disputing Credit Control LLC's Entry
Having discovered a mistake on your credit report, the next step is disputing the entry with the credit bureaus. The usual process will extend far past the confines of the initial report; it will include challenging the correctness of the information on your report, getting it corrected or removed. Depending on the credit bureau, disputes can be filed online through the bureaus' websites—Experian, TransUnion, or Equifax. The disputing process varies on each bureau. You will have to state the particulars of the error and give supporting evidence to the bureau, which will investigate within the time range of 30 days.
In disputing the entry of the Credit Control LLC, make sure to state in detail the reason for believing the information in this regard is incorrect. Some of the common reasons for disputes include:
- Incorrect balance or amount owed
- Debt not belonging to you
- Account marked as paid but still showing up in collection
- Account under bankruptcy not marked as such
Upon receipt of the dispute, the credit bureau will send a verification request to Credit Control LLC. If the collection agency is unable to validate the debt or correct any errors, the bureau shall remove the entry from the applicant's report.
While one could manage this process independently, many people find it burdensome. CreditSage takes that weight off your shoulders by handling the dispute process for you. We communicate directly with the credit bureaus and collection agencies to make sure your dispute is heard promptly and accurately.
What If Credit Control LLC Verifies the Debt
Credit Control LLC may verify the debt in some cases; in other words, they may say that the debt is indeed valid and belongs to you. More often than not, this occurs when the collection agency has collected enough information to substantiate the debt or when you cannot provide sufficient evidence against the claim. If there is verification of the debt, there are options available to you:
- Negotiate a Settlement: You have the possibility to approach Credit Control LLC and negotiate for a settlement of the debt or arrange for a payment plan with them. Settlement of the debt can often lead to getting the collection charged entry marked as "paid," whereas leaving it unpaid is disfavorably viewed.
- Ask for a "Pay for Delete" Agreement: In some circumstances, negotiators can interact with Credit Control LLC and offer to pay in return for their agreement to delete the collection entry from the credit report. This kind of agreement will not always be offered, but it never hurts to ask.
- File a Complaint: If you consider Credit Control LLC inaccurately or unjustly reporting a debt, you may file a complaint with the Consumer Financial Protection Bureau (CFPB) or the attorney general. This complaint will sometimes prompt the creditor or collection agency to respond by removing the entry.
CreditSage can assist at this point by negotiating with Credit Control LLC to land you the best options. Negotiating a settlement or working towards a pay-for-delete agreement might be the options best suited for you. Our goal is to restore your credit health by accelerating the process in a very cordial way.
Preventing Additional Disturbances to Your Credit Report
Subsequently, once you have resolved or disputed any entry from the Credit Control LLC, you need to do something to protect yourself against any subsequent problems with your credit report. For your total financial well-being, you need a clean credit report. Below are some tips for making sure such errors and disputes do not occur in the future.
- Check Your Report Often: Be vigilant about what is on your credit report so you can catch any errors or signs of fraud early on. You can get one free report from each of the three major bureaus annually. Look at this report thoroughly to ensure all information is correct.
- Pay Bills on Time: One of the best ways to ensure no negative entry appears on your report is to pay your bills promptly. Setting automatic payments or reminders can help keep you on schedule.
- Manage Your Debt: If you are battling with any form of debt, find assistance before collections knock at your door. Credit counseling or a debt management plan can help you resolve that debt without involving collection agencies.
Besides that, CreditSage provides ongoing credit monitoring services to help track any changes to your credit report. And if any potential problems arise, we’ll notify you of it and help you through the disputes to keep your credit healthy for the long haul.
The Bottom Line
First, getting Credit Control LLC off your credit report is doable if you do things right. If the entry is erroneous, obsolete, or fraudulent, you have the right to challenge it. A proper review of your credit report for mistakes, disputing problems through credit bureaus, and hiring competent persons at CreditSage can help ensure that your credit report shows the true state of your financial well-being..
At CreditSage, we make representation and conduct the whole dispute process on behalf of our clients for easier maintenance of a clean credit report to better improve their credit health. Do not get caught in the web of time-consuming disputes and a maze of paperwork.
If you have been dealing with inaccurate entries, let us do the hard work with credit bureaus and companies such as Credit Control LLC on your behalf. Our seasoned professionals work with credit bureaus and agencies like Credit Control LLC, fighting for you behind the scenes. Call us, and discover how we can lend you assistance.