Who is Receivables Outsourcing, Inc.?
Receivables Outsourcing, Inc. (ROI) is a debt collection agency based in Timonium, Maryland. Their role involves helping companies, especially those in the healthcare sector, retrieve overdue payments. ROI was recently acquired by Cognizant, a multinational technology company.
You may see ROI listed on your credit report as a collections account. This can happen if you didn’t pay a bill.
Who does Receivables Outsourcing collect for?
Receivables Outsourcing primarily provides debt collection services to the healthcare sector, including hospitals, physicians’ groups, and other medical service providers.
Is Receivables Outsourcing legit or a scam?
Receivables Outsourcing 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 Receivables Outsourcing 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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Receivables Outsourcing, Inc. (ROI) Contact Information
Address:
Receivables Outsourcing, Inc.
1920 Greenspring Dr. Ste 200
Timonium, MD 21093
Mailing address:
Receivables Outsourcing, Inc.
PO Box 549
Timonium, MD 21094
Phone number: (800) 234-1357 or (410) 616-2500
Should I contact or pay Receivables Outsourcing, Inc.?
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 Credit reports can contain errors or list debts that are no longer valid.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 Receivables Outsourcing is to work with a credit repair professional. They help remove millions of negative items every year from companies like Receivables Outsourcing, Inc. on behalf of their clients.
Will Receivables Outsourcing, Inc. sue me or garnish my wages?
Receivables Outsourcing, Inc. (ROI) does have the ability to file a lawsuit against you for unpaid debts. If they win the lawsuit, they could potentially obtain a judgment that grants them the right to garnish your wages or levy your bank account, depending on the laws in your state or jurisdiction.
However, it’s important to note that a lawsuit is often a last resort for debt collection due to the costliness and time-consuming nature of the process. ROI may instead opt to negotiate a payment plan or a settlement agreement with you.
Receivables Outsourcing, 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 Receivables Outsourcing, 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 Receivables Outsourcing, 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.
- Receivables Outsourcing, Inc. cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Receivables Outsourcing, 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.
- Receivables Outsourcing, Inc. cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Receivables Outsourcing From Your Credit Report Today!
Credit Saint offers assistance with disputing Receivables Outsourcing collection 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.
