What Is Prince Parker And Associates On My Credit Report?
Prince Parker And Associates 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 Prince Parker And Associates A Debt Collection Agency?
Yes, Prince Parker And Associates 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").
Prince Parker And Associates 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 Prince Parker And Associates Collect For?
Prince Parker And Associates 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 Prince Parker And Associates Hurt My Credit Score?
Yes, it is highly likely having Prince Parker And Associates on your credit report is damaging your score significantly.
What is the Statute of Limitations on Debt Collections?
Do you owe money to debt collectors like Prince Parker and Associates? It's important to understand the statute of limitations on debt collections, as this is the time limit creditors and debt collectors have to sue you for an unpaid debt. Depending on your state and type of debt, the time limit usually ranges from three to six years.
Once the statute of limitations has passed, creditors and debt collectors can no longer sue you for the unpaid debt. However, it may still appear on your credit report and adversely affect your credit score for up to seven years afterwards.
If you are unsure about the statute of limitations or want help dealing with Prince Parker and Associates, Credit Sage is here for you.
What to do if You’re a Victim of Identity Theft
Identity theft is a serious crime that can have lasting ramifications. If you suspect or have experienced it, there are steps you can take to protect yourself and your credit.
Start by contacting one of the three major credit bureaus (Equifax, Experian, or TransUnion) and placing a fraud alert on your credit report. This will serve as a warning to creditors and debt collectors to take extra steps in verifying your identity before approving any credit applications.
Then, file a report with both the Federal Trade Commission (FTC) and your local police department. This will create an official record of the incident, enabling you to dispute any fraudulent accounts on your credit report.
Lastly, contact Credit Sage for help disputing any fraudulent accounts and repairing your credit report. Our team has extensive experience in helping victims of identity theft restore their credit and get back on their feet again.
How Do I Remove Prince Parker And Associates From My Credit Report?
To be eligible to remove Prince Parker And Associates 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 Prince Parker And Associates?
Paying off Prince Parker And Associates 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 Prince Parker And Associates?
Settling your debt with Prince Parker And Associates 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 Prince Parker And Associates Legit, Fake Or A Scam?
Prince Parker And Associates 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 Prince Parker And Associates Keep Calling Me?
Prince Parker And Associates 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 Prince Parker And Associates To Stop Calling Me?
As we’ve mentioned above, Prince Parker And Associates 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.
Prince Parker And Associates Reviews And Complaints
Prince Parker And Associates has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Prince Parker And Associates Try Suing Or Garnishing My Wages?
Prince Parker And Associates 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 Prince Parker And Associates Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Prince Parker And Associates does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Prince Parker And Associates?
You have the right to dispute any of your debt that Prince Parker And Associates has purchased. Prince Parker And Associates 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 Prince Parker And Associates Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Prince Parker And Associates. The reason? You may not want to pay Prince Parker And Associates debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Prince Parker And Associates 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.