Who is Eagle Recovery Associates?
Eagle Recovery Associates, Inc. is a debt collection agency headquartered in Peoria, Illinois. They specialize in recovering unpaid debts on behalf of businesses in industries like healthcare, retail, and business-to-business services. If their name appears on your credit report, it means a creditor has transferred your account to them for collection due to non-payment.
Their presence on your credit report can lower your score, but there are steps you can take to address the situation and potentially remove the account.
Who does Eagle Recovery Associates collect for?
Eagle Recovery Associates serves a wide range of clients across various sectors. They manage collections in the healthcare industry, which could include debts stemming from unpaid hospital bills or other medical services.
In the retail and service sectors, the company handles debt related to unpaid credit card balances or service bills. They also deal with business-to-business (B2B) debt, which arises when one business owes money to another.
Is Eagle Recovery Associates legit or a scam?
Eagle Recovery Associates is a legitimate 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 Eagle Recovery Associates 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 report, 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.
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Eagle Recovery Associates, Inc. Contact Information
Address:
Eagle Recovery Associates, Inc.
2601 W Forrest Hill Ave
Peoria, IL 61604-1812
Phone number: (800) 706-3210 or (309) 272-4500
Should I contact or pay Eagle Recovery Associates?
Before contacting a collection agency, 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 Credit reports can contain errors or list debts that are no longer valid.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 Eagle Recovery Associates is to work with a credit repair professional. They help remove millions of negative items every year from companies like Eagle Recovery Associates on behalf of their clients.
Will Eagle Recovery Associates sue me or garnish my wages?
Eagle Recovery Associates can take legal action to recover unpaid debts, but this is typically a last resort. If they win a court judgment, they might pursue wage garnishment or other collection methods allowed by your state’s laws.
To minimize the risk of legal action, address the debt as soon as possible. Verify the debt’s accuracy, explore negotiation options, or consider working with a credit repair service to help resolve the account and protect your financial well-being.
Eagle Recovery Associates, Inc. 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 Eagle Recovery Associates, Inc.
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 Eagle Recovery Associates, Inc. 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.
- Eagle Recovery Associates, Inc. cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Eagle Recovery Associates, Inc. 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.
- Eagle Recovery Associates, Inc. cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Eagle Recovery Associates From Your Credit Report Today!
Credit Saint offers assistance with disputing Eagle Recovery Associates 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.
