Do You See Allied Interstate on Your Credit Report?
Charge-offs and collection items can remain on your credit report for up to 7 years, damaging your credit score that entire time. If you see collection items from Allied Interstate on your credit report, you may be able to remove them if you get professional help.
Who Is Allied Interstate?
Allied Interstate is a debt collections company with offices in the United States, Canada, India and the Philippines. In 2010, they paid a settlement of $1.75 million to resolve a lawsuit with the Federal Trade Commission. The FTC alleged that Allied Interstate ignored customer complaints when customers informed them that they were pursuing debts in cases of mistaken identity. Allied Interstate continued their collection activities without even bothering to verify the information and make sure they were targeting the correct individuals. The lawsuit also alleged other violations of the Fair Debt Collection Practices Act including making harassing phone calls and using abusive language.
How To Contact Allied Interstate
As easy as it may seem to get credit cards approved, dealing with the circumstances on non-payment of the credit bills is equally tough. Many people lost their jobs doing when the recession struck and suddenly were without any job or earnings.
As was expected, credit card companies and loan providers still require the funds for repayment.
Well the debt collection agencies can and will often harass you and your family members. In addition to threatening to impose lawsuits – they can also insult and terrorize you. They will eventually go on to send in negative collection accounts against your credit account.
They will also make sure to pull down your credit scores as low as they can possibly manage to. Credit scores can be lowered by several methods. If you have delayed your credit card bill payment, then that is an easy way to harm your credit reputation.
Again let me remind you that the duration of delay in paying up also matters. The blow to your credit scores gets worse as the delay in the payment of the dues gets longer. So if you have delayed for 15- 30 days your credit score will be better than the person who has delayed payment for 31-60 days.
Another easy way to pull someone’s credit scores down is by sending in inquiries about the credit reports.
This process is called as a credit check. Each inquiry or credit check can pull down the credit score by around 5 points and when it is done by debt collection agencies it will be considered as a hard inquiry and multiple inquiries in short time under several different names can prove to be hazardous for your already staggering credit scores.
This risk is more aggravated if your credit history is pretty low. This means that if you have started using the credit card for only a short time and credit checks are already being done on your credit account.