What Is Ensource Pay On My Credit Report?
Ensource Pay 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 Ensource Pay A Debt Collection Agency?
Yes, Ensource Pay 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").
Ensource Pay 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 Ensource Pay Collect For?
Ensource Pay 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 Ensource Pay Hurt My Credit Score?
Yes, it is highly likely having Ensource Pay on your credit report is damaging your score significantly.
How to Handle Calls From Ensource Pay
If you're receiving calls and letters from Ensource Pay, demanding payment for a debt, it can be nerve-wracking and overwhelming. Nevertheless, it's vital to know that you have rights when dealing with debt collection agencies like Ensource Pay.
Primarily, it's crucial to recognize that you have the right to dispute any debt which you believe is fraudulent or incorrect. Under the Fair Debt Collection Practices Act (FDCPA), debt collectors are obligated to provide evidence of the debt if requested in writing. This indicates that if you suspect that the debt Ensource Pay is trying to collect is invalid or contains inaccuracies, you can demand proof of the debt.
What Can I Do If Ensource Pay Is Reporting Inaccurate Information?
If Ensource Pay is reporting incorrect data on your credit report, it can be distressing and detrimental to your credit score. The initial step is to challenge the erroneous information with the credit bureaus. You can achieve this by filing a dispute letter online or through mail.
In your dispute letter, make sure to specify specific details about the inaccurate information and any evidence you possess to back up your claim. The credit bureaus will then investigate your dispute and either remove the inaccurate information or update it with accurate details. If you require assistance in identifying errors on your report or need help with the dispute process, reach out to Credit Sage today for guidance.
How Do I Remove Ensource Pay From My Credit Report?
To be eligible to remove Ensource Pay 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 Ensource Pay?
Paying off Ensource Pay 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 Ensource Pay?
Settling your debt with Ensource Pay 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 Ensource Pay Legit, Fake Or A Scam?
Ensource Pay 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 Ensource Pay Keep Calling Me?
Ensource Pay 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 Ensource Pay To Stop Calling Me?
As we’ve mentioned above, Ensource Pay 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.
Ensource Pay Reviews And Complaints
Ensource Pay has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Ensource Pay Try Suing Or Garnishing My Wages?
Ensource Pay 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 Ensource Pay Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Ensource Pay does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Ensource Pay?
You have the right to dispute any of your debt that Ensource Pay has purchased. Ensource Pay 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 Ensource Pay Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Ensource Pay. The reason? You may not want to pay Ensource Pay debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Ensource Pay 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.