What Is Med Bus Cons On My Credit Report?
Med Bus Cons 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 Med Bus Cons A Debt Collection Agency?
Yes, Med Bus Cons 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").
Med Bus Cons 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 Med Bus Cons Collect For?
Med Bus Cons 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 Med Bus Cons Hurt My Credit Score?
Yes, it is highly likely having Med Bus Cons on your credit report is damaging your score significantly.
How Does Med Bus Cons Impact Your Credit Report?
Collection accounts from Med Bus Cons can have a detrimental effect on your credit report and score. Not only will it remain on your report for up to seven years, but it can also make it difficult to get approved for credit, loans, or other financial services in the future. Taking action to remove the account is essential - so as soon as you're aware of the collection account, start working on getting it removed from your credit report. This could involve contacting Med Bus Cons directly to dispute the debt or asking a consumer rights attorney to help you negotiate a settlement.
How Can You Deal with Med Bus Cons if You Owe Them Money?
Owing money to Med Bus Cons can be a difficult situation, and it's important to consider all of your options. Negotiating a payment plan or settlement may help, but keep in mind that settling a debt may not always be the best option for your credit score. You also have the option to dispute the debt if there is an error on your account, or you are unsure if the debt is yours. If so, Credit Sage can help - our team of experts can assist you with disputing the debt and getting the account removed from your credit report if inaccuracies are found.
How Do I Remove Med Bus Cons From My Credit Report?
To be eligible to remove Med Bus Cons 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 Med Bus Cons?
Paying off Med Bus Cons 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 Med Bus Cons?
Settling your debt with Med Bus Cons 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 Med Bus Cons Legit, Fake Or A Scam?
Med Bus Cons 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 Med Bus Cons Keep Calling Me?
Med Bus Cons 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 Med Bus Cons To Stop Calling Me?
As we’ve mentioned above, Med Bus Cons 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.
Med Bus Cons Reviews And Complaints
Med Bus Cons has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Med Bus Cons Try Suing Or Garnishing My Wages?
Med Bus Cons 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 Med Bus Cons Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Med Bus Cons does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Med Bus Cons?
You have the right to dispute any of your debt that Med Bus Cons has purchased. Med Bus Cons 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 Med Bus Cons Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Med Bus Cons. The reason? You may not want to pay Med Bus Cons debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Med Bus Cons 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.