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PORTFOLIO RECOVERY ASSOCIATES ON YOUR CREDIT REPORT?


PORTFOLIO RECOVERY ASSOCIATES ACTIVITIES COULD HAVE A NEGATIVE IMPACT ON YOUR
CREDIT SCORE.CONTACT US NOW TO LEARN HOW TO REMOVE PORTFOLIO RECOVERY ASSOCIATES
FROM YOUR CREDIT REPORT

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(888) 403-5966


WHAT IS PORTFOLIO RECOVERY ASSOCIATES ON MY CREDIT REPORT?

Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES A DEBT COLLECTION AGENCY?

Yes, Portfolio Recovery 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").

Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES COLLECT FOR?

Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES HURT MY CREDIT SCORE?

Yes, it is highly likely having Portfolio Recovery Associates on your credit
report is damaging your score significantly.


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HOW DO I REMOVE PORTFOLIO RECOVERY ASSOCIATES FROM MY CREDIT REPORT?

To be eligible to remove Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES?

Paying off Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES?

Settling your debt with Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES LEGIT, FAKE OR A SCAM?

Portfolio Recovery 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.


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WHY DO PORTFOLIO RECOVERY ASSOCIATES KEEP CALLING ME?

Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES TO STOP CALLING ME?

As we’ve mentioned above, Portfolio Recovery 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.


PORTFOLIO RECOVERY ASSOCIATES REVIEWS AND COMPLAINTS

Portfolio Recovery Associates has terrible BBB reviews. This may come from their
repeated calls and letters to consumers trying to collect their debt.


WILL PORTFOLIO RECOVERY ASSOCIATES TRY SUING OR GARNISHING MY WAGES?

Portfolio Recovery 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.


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DOES PORTFOLIO RECOVERY ASSOCIATES ACCEPT A GOODWILL LETTER TO REMOVE MY
COLLECTION/CHARGE-OFF?

Based on our years of experience dealing with companies like this, Portfolio
Recovery Associates does not accept goodwill letters to remove collection
accounts or charge offs.


WHAT ARE MY RIGHTS WHEN DEALING WITH PORTFOLIO RECOVERY ASSOCIATES?

You have the right to dispute any of your debt that Portfolio Recovery
Associates has purchased. Portfolio Recovery 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 PORTFOLIO RECOVERY ASSOCIATES PHONE NUMBER?

You likely want to call Credit Sage before deciding whether or not to call
Portfolio Recovery Associates. The reason? You may not want to pay Portfolio
Recovery Associates debt, especially if it's inaccurate. Paying it off could
hurt your score.


GET PORTFOLIO RECOVERY 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.


LOOKING FOR HELP WITH PORTFOLIO RECOVERY ASSOCIATES?

(888) 294-1441

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ARE YOU SEEING PORTFOLIO RECOVERY ASSOCIATES SHOWING ON YOUR CREDIT REPORT?


Step 1


VALIDATE YOUR ACCOUNT


Step 2


DISCUSS YOUR OPTIONS


Step 3


WE'LL IMPLEMENT YOUR BEST OPTION


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OUR FAQS


FOR WHOM DOES PORTFOLIO RECOVERY ASSOCIATES COLLECT DEBTS?



Portfolio Recovery Associates functions as a debt collector responsible for
reporting collection accounts on your credit report. In certain cases, this
indicates that they have acquired the debt from the original creditor, such as a
credit card or loan company, by purchasing it at a reduced value, often as low
as 1/10th of the original amount. Alternatively, they may act as representatives
hired to collect on behalf of another company. Their efforts to contact you for
payment may involve mail or phone communication. Unfortunately, this results in
the presence of a collections account on your credit report, negatively
impacting your credit score and reducing your chances of obtaining loan
approvals or engaging in other significant financial pursuits.


CAN PORTFOLIO RECOVERY ASSOCIATESNEGATIVELY AFFECT MY CREDIT SCORE?



A collections account, including any negative mark within its statute of
limitations, can have a significant impact on your credit score. Therefore, it's
important to be aware of the potential consequences associated with Portfolio
Recovery Associates and their impact on your creditworthiness.


HOW CAN I ELIMINATE PORTFOLIO RECOVERY ASSOCIATES FROM MY CREDIT REPORT?



We possess the necessary expertise to facilitate the removal of Portfolio
Recovery Associates from your credit report. This is particularly significant if
any details associated with the account are inaccurate, erroneous, or
fraudulent, and cannot be rectified promptly. Research conducted by the U.S.
PIRGs revealed that a staggering 79% of credit reports contain mistakes or
significant errors. Our specialized services are specifically designed to
address and resolve such accounts for our clients.


IS PORTFOLIO RECOVERY ASSOCIATES CLASSIFIED AS A DEBT COLLECTION AGENCY?



Portfolio Recovery Associates is categorized as a debt collector that assumes
responsibility for reporting collection accounts on credit reports. They acquire
debts from creditors who have discontinued their collection attempts, often
referred to as a "charge-off."


IS IT ADVISABLE TO ENGAGE IN SETTLEMENT NEGOTIATIONS WITH PORTFOLIO RECOVERY
ASSOCIATES?



The impact on your credit score when settling your debt with Portfolio Recovery
Associates can vary, as it depends on several factors. In certain situations,
you may not be required to make any payment at all. Additionally, if there are
any account-related issues, it could potentially be completely removed,
resulting in no further interactions with Portfolio Recovery Associates.

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READY FOR US TO HELP YOU WITH PORTFOLIO RECOVERY ASSOCIATES? CONTACT NOW!


(888) 403-5966

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