Who is Pinnacle Credit Services?
Pinnacle Credit Services, LLC is a debt collection agency located in St. Louis Park, Minnesota. They help companies recover unpaid debts from consumers.
If Pinnacle Credit Services appears on your credit report, it typically signifies that you have an unresolved debt which you’ve failed to pay off, and the account has been turned over to collections.
Who does Pinnacle Credit Services collect for?
Pinnacle Credit Services purchases portfolios of consumer debt owned by credit grantors including banks and finance companies, and by other debt buyers. The accounts they buy are managed by Resurgent Capital Services, LP.
Is Pinnacle Credit Services legit or a scam?
Pinnacle Credit Services is a legitimate company. They are authorized to collect debts on behalf of their clients. However, if you are contacted by them regarding a debt, it’s crucial to verify the legitimacy of the debt before making any payments.
How can I remove Pinnacle Credit 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.
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Pinnacle Credit Services, LLC/Resurgent Capital Services, LP Contact Information
Address:
Pinnacle Credit Services, LLC
7900 MN-7
St. Louis Park, MN 55426
Phone number: (888) 665-0374
Should I contact or pay Pinnacle Credit Services?
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 Credit reports can contain errors or list debts that are no longer valid.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 Pinnacle Credit Services is to work with a credit repair professional. They help remove millions of negative items every year from companies like Pinnacle Credit Services on behalf of their clients.
Will Pinnacle Credit Services sue me or garnish my wages?
Pinnacle Credit Services can legally sue for the recovery of an unpaid debt. If they take this route and win the case, they might then be able to garnish your wages or levy your bank account, depending on the laws of your specific state. However, this step is typically a last resort due to the time-consuming and costly nature of legal proceedings.
Pinnacle Credit Services 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 Pinnacle Credit Services 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 Pinnacle Credit Services
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 Pinnacle Credit Services 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.
- Pinnacle Credit Services cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Pinnacle Credit Services 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.
- Pinnacle Credit Services cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Pinnacle Credit Services From Your Credit Report Today!
Credit Saint offers assistance with disputing Pinnacle Credit Services 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.
