How to Remove AAA Collections From Your Credit Report

Who is AAA Collections?

AAA Collections, Inc., also known as Advanced Asset Alliance, is a debt collection agency based in Sioux Falls, South Dakota. Their business revolves around recovering outstanding debts on behalf of businesses.

If you have an unpaid debt that has been transferred to them, you may see AAA Collections listed on your credit report as a collections account.

Who does AAA Collections collect for?

AAA Collections collects debts for small companies, healthcare providers, and utility firms. They handle unpaid debts from various sources, such as small business invoices, medical bills including hospital and doctor’s fees, and unpaid utility services like electricity and gas.

Is AAA Collections legit or a scam?

AAA Collections is a legitimate debt collection company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove AAA Collections from my credit report?

Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your credit report, you can start by disputing any errors related to the account with the credit bureaus.

If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.

AAA Collections, Inc. / Advanced Asset Alliance Contact Information

Address:

Advanced Asset Alliance
3500 S 1st Ave Cir #100
Sioux Falls, SD 57105

Phone number: (605) 339-1333

Should I contact or pay AAA Collections?

Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with AAA Collections is to work with a credit repair professional. They help remove millions of negative items every year from companies like AAA Collections on behalf of their clients.

Will AAA Collections sue me or garnish my wages?

AAA Collections, as a debt collection agency, has the right to take necessary steps to recover the money owed to them, which can include filing a lawsuit. If they win the lawsuit and obtain a court judgment against you, they could potentially garnish your wages, subject to your state’s laws.

However, it’s important to note that lawsuits and wage garnishment are typically last-resort actions. Debt collection agencies usually make multiple attempts to recover the debt through letters, calls, and settlement proposals before resorting to legal action.

AAA Collections, Inc. /Advanced Asset Alliance Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with AAA Collections

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

• It is a violation of federal law for AAA Collections to report inaccurate or incomplete information about you.
• You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
• AAA Collections, Inc. cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• AAA Collections must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
• AAA Collections cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove AAA Collections From Your Credit Report Today!

Credit Saint offers assistance with disputing AAA Collections accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.

If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.

Visit their website or call (855) 281-1510 for more details.