SRA Associates is a Debt Collection Company That Can Really Hurt Your Personal Credit Score Unless You Do Something About It
SRA Associates is a debt collection group that specializes in retrieving past due – unsettled credit accounts.
If you fail to make payments on a credit card, loan or anything credit-related (for a set period of time) the account or (agreement) can go into collections – and agencies such as SRA Associates may pick up the phone and start calling you repeatedly.
When the original merchant, lender, or creditor “charges off” the account – it means that they sold the unsettled debt to a different company – and often times for only pennies on the dollar.
This allows the debt agencies to make a steep profit if they are able to collect on all or partial of the original account.
If you have found yourself in this situation – and you are worried that they may report your accounts to the credit bureaus’s – don’t worry just yet. There are things you can do – and actions you can take to help yourself out of the mess.
The best thing you can do is describe your exact situation to a credit professional who know’s what to do – for your situation.
Consider calling Lexington Law at 1 855 255 0118 – they offer a free consultation you can take advantage of to learn what the next best thing for you to do is – and they will also let you know outright if they can help you with your situation.