Merrick Bank Corp

Who is Merrick Bank Corp?

Merrick Bank Corp is a privately held company headquartered in South Jordan, Utah. They have nearly 3 million active credit card accounts and have extended over $5.3 billion in credit.

Merrick Bank offers two credit cards to consumers: the Platinum Visa and the Secured Visa. In addition to credit cards, they also provide personal loans, certificates of deposit, and consumer finance options to marine, RV, and horse trailer dealers.

You may see them listed on your credit report as a collections account. This can happen if you defaulted on a Merrick Bank credit card or loan.

How can I remove Merrick Bank Corp from my credit report?

Collections can hurt your credit score and stay on your credit report for up to seven years, even if you pay them. Paying the collection might even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

Merrick Bank Corp Contact Information

Address:

Merrick Bank
10705 South Jordan Gateway Ste 200
South Jordan, UT 84095

Mailing address:

Merrick Bank
P.O. Box 5000
Draper, UT 84020-5000

Phone number: (800) 204-5936 or (800) 253-2322

Should I contact or pay Merrick Bank Corp?

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 Credit reports can contain errors or list debts that are no longer valid.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 Merrick Bank collections is to work with a credit repair professional. They help remove millions of negative items every year from companies like Merrick Bank Corp on behalf of their clients.

Will Merrick Bank Corp sue me or garnish my wages?

Merrick Bank Corp is entitled to sue a debtor for non-payment of debt. If they take legal action and the court rules in their favor, they may have the authority to garnish your wages or levy your bank accounts, depending on the laws in your specific state.

However, the preference for most creditors, including Merrick Bank Corp, is to avoid legal action if possible. Legal action is time-consuming and costly, and they would often prefer to negotiate a payment plan or settlement directly with the debtor.

Merrick Bank Corp 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 Merrick Bank Corp

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 Merrick Bank Corp 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.
• Merrick Bank cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• Merrick Bank 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.
• Merrick Bank cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Merrick Bank Corp From Your Credit Report Today!

Credit Saint can help you dispute Merrick Bank Corp collection accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many clients.

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or call (855) 281-1510 for a free credit consultation to see what they can do for you.