Is Parking Revenue Recovery Services Hurting Your Credit?

Updated

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Who is Parking Revenue Recovery Services?

Parking Revenue Recovery Services, Inc. (PRRS) is a debt collection agency located in Aurora, Colorado.

You may see them listed on your credit report as a collections account. This can happen if you received a parking violation. You may have forgotten to pay a parking notice or failed to display a parking ticket on your dashboard in a parking lot.

Who does Parking Revenue Recovery Services collect for?

Parking Revenue Recovery collects debts for clients such as hospitals, multifamily housing, municipalities, parking operators, private property owners, and universities. PRRS provides parking enforcement and issues around 180,000 parking notices a year.

Is Parking Revenue Recovery legit or a scam?

Parking Revenue Recovery Services 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 Parking Revenue Recovery Services 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.

Ready to Clean Up Your Credit Report?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

Parking Revenue Recovery Services, Inc. Contact Information

Address:

Parking Revenue Recovery Services, Inc.
12381 East Cornell Avenue
Aurora, CO 80014

Phone number: (877) 302-7275

Should I contact or pay Parking Revenue Recovery?

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 Credit reports can contain errors or list debts that are no longer valid.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

Will Parking Revenue Recovery sue me or garnish my wages?

PRRS technically has the ability to sue you for an unpaid debt. However, the likelihood of being sued for unpaid parking tickets varies depending on several factors, including the size of the debt and local regulations.

If PRRS were to sue and win a judgment against you, they could potentially garnish your wages depending on the laws of your state. However, it’s important to note that suing for a debt and wage garnishment is often a last resort. It’s also not as common for small debts like parking fines as it would be for larger debts such as unpaid credit card debt or student loans.

Parking Revenue Recovery Services, Inc. Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If Parking Revenue Recovery is harassing you, you may want to 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 Parking Revenue Recovery

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 Parking Revenue Recovery Services, 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.
  • Parking Revenue Recovery cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
  • Parking Revenue Recovery 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.
  • They cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Parking Revenue Recovery From Your Credit Report Today!

Credit Saint offers assistance with disputing Parking Revenue Recovery collections. 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.

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