Credit Collection Services, also known as CCS offices are debt collection agencies. They help business institutions collect debts from debtors, acting as third-party collection services. They have their head office in Norwood, Massachusetts. CCS offices is a small-sized company and they operate legitimately. Institutions like insurance companies, financial companies like banks, health industries, etc., use CCS offices to collect their debt.
CCS offices collect debt for the creditors. They do this by either buying the debt from the original creditor or they collect the debt and taking a certain percentage from it. Because of this, they open a collecting account on a debtor’s credit report. This is to show that they have been licensed by the creditor to collect the debt. They appear on credit reports with names such as:
- ccs offices Boston
- ccs Massachusetts
- ccs offices Wellesley ma
Creditors authorize offices to collect debts for them because many people tend to take loans and fail to pay them back. They may also send emails, text messages, or place phone calls to the debtors, demanding payment of the debt. The appearance of a collection account on a credit report lowers the credit score. In some cases, after the debt has been paid, the collection account persists. This will limit your chances of getting financial aid like loans, insurance, etc. For this reason, a collection account should be removed as soon as possible from a credit report.
How to Remove CCS Offices Entries from Credit Report
After payment of a debt, the collection account will remain on your credit report for up to 7 years. And throughout this period, it will continue to affect your credit score. The only thing that will change is its status from ‘unpaid’ to ‘paid’. It is therefore important to attempt removing the collection account before 7 years. The following methods can be used to remove a collection entry from your credit report.
Request CCS offices to validate the debt:
This means asking CCS to provide proof that the debt belongs to you. This can be done if you believe the debt does not belong to you.
If they did not provide you with a debt validation letter upon opening a collection account on your credit report, or send an incomplete validation letter, you can request validation.
Once CCS is unable to provide evidence that the loan belongs to you, they will have to cease and remove the collection account.
If they refuse to remove the account, you can dispute the debt by sending the incomplete letter to the three credit bureaus, which are Equifax, TransUnion, and Experian.
The credit bureau will investigate the dispute within 30 days.
Afterward, CCS will be obligated to remove the collection account.
Requesting a debt validation has to be done within 30 days of the collection account opening on your credit report.
Pay-For-Delete:
If the debt belongs to you, then you can negotiate with CCS about the amount to pay for your collection account to be deleted.
Paying the full amount owed may not be possible. CCS offices often collect an amount lesser than the debt but this will take some form of negotiation.
After negotiation, ensure CCS sends you a written letter of agreement before paying any amount. The agreement should include the removal of the collection account.
Once you receive the letter of agreement, you can start making payments to CCS. You can then check your credit report after 30 days to see if CCS meets the end of the bargain.
If they do not remove the collection account, the written agreement letter can be used to remind them of their obligation.
Request for Goodwill Deletion:
If you have paid off the debt, you can send a letter to CCS to request a goodwill deletion.
The letter should state the reason for the late payment of your load and why you want your collection account deleted.
Reasons for requesting deletion could be to get a loan, a mortgage, etc. Having collection entries in your credit report is not a good signal to insurance and financial companies.
If you are honest and sincere, CCS offices are likely to delete the collection entries.
Get Professional Help:
Handling CCS offices can be quite difficult. To avoid the stress, you can pay credit repair companies to resolve the issue for you.
These companies handle the calls, letters, negotiations, settlement, etc., as regards credit reports and collection accounts.
Conclusion
It is always a better option to handle the CCS office promptly because of the effect they may have on your credit report. Improving your credit score is a process that can be slowed down with collection entries, therefore, seeking to remove the entries is a good way to achieve your credit score goal.
FAQs
Can CCS file a lawsuit against a debtor?
Yes. If the two parties cannot agree, CCS can decide to file a lawsuit.
What is the secure way of sending debt payments to CCS?
It is advisable to send a check with a return receipt through an email.
