Summary: In this article we will explain in detail how to remove United Revenue Corp from your credit report.
If you’re getting phone calls from United Revenue Corp, you likely have an unpaid debt that has gone into collections.
A collection agency such as United Revenue Corp generally purchase unpaid debts from creditors for pennies on the dollar and in turn attempt to collect the entire debt to turn a profit.
Before you interact with a debt collection company such as United Revenue Corporation, there are some important things you should know.
What is United Revenue Corp?
United Revenue Corp is a debt collection agency based out of Texas. United Revenue Corporation may use aggressive tactics to get you to pay your bill.
Unfortunately, that’s not the worst of it – United Revenue Corp is likely on your credit report too and it can hurt your credit score significantly if you don’t get it removed.
In fact, a collection account on your credit report can lower your credit score by more than 100 points.
United Revenue Corp may have recently called or mailed you and demanded that you pay the debt in full. Before you deal with United Revenue Corp, we have a few tips for you.
Should You Pay United Revenue Corp?
You should avoid paying United Revenue Corp until you have a plan in place. Also, don’t believe them when they tell you that you have to pay.
You have rights and they have abide by certain laws. With that in mind, let’s get into how to deal with debt collectors. These tips will help you deal with all debt collectors, not just United Revenue Corp.
How to Deal with Debt Collectors
Dealing with a debt collector can be quite stressful simply because they are often very aggressive.
It’s important to keep in mind that a debt collector is just trying to scare you so that you will the debt. With this in mind, it’s much easier to negotiate a good deal.
Keep your emotions out of the whole situation, and you’ll get a much better outcome.
Debt collection agencies such as United Revenue Corp are required to follow the law. The laws they have to follow are outlined in Fair Debt Collection Practices Act.
In general, the Fair Debt Collection Practices act says that United Revenue Corp cannot:
- Contact you at your place for work.
- Contact you before 8AM or after 9PM (your timezone).
- Threaten you or your property.
- Use profane language.
- Speak to your friends or family about your debts.
- Threaten to have you put in prison.
Now that you know how to deal with United Revenue Corporation, let’s get into the specifics on how to remove a collection account from your credit report.
Should I Contact United Revenue Corp?
As with any collection agency, Before you do anything, ask United Revenue Corp to communicate with you in writing. Their tactics on the phone are usually aggressive and hard to handle. Rather than getting overwhelmed, ask them to send you a letter.
The reason is twofold.
First, dealing with them on the phone may make you agree to tactics you don’t want. When the communication is in writing, you can think rationally and use the appropriate steps.
Second, when you have everything in writing, you have proof of what they agreed to do. If you reach a settlement but they don’t end up their end of the bargain, you’ll have written proof of what they agreed to.
Remove United Revenue Corp From Your Credit Report
Ask for Debt Validation
If it’s been less than 30 days since United Revenue Corp first contacted you, request debt validation.
Write a letter asking them to validate that you owe the debt and as many details about it as possible including:
- Who’s the original creditor?
- What’s the original balance?
- What’s the current balance?
- When was the last payment made?
- What date did you default and United Revenue bought it?
The more questions you ask, the more information they must validate. If they can’t validate the information or don’t within 30 days, they must remove their tradeline from your credit report, it’s the law.
Arrange a Pay-for-Delete Agreement
If United Revenue Corp validates the debt, you likely owe it. That doesn’t mean it has to sit on your credit report, though.
You can negotiate a settlement with United Revenue Corp that requires them to delete the collection from your credit report.
They aren’t legally obligated to accept your request, though, so make sure you are cordial, yet firm in your negotiations.
When you negotiate the debt, you can offer an amount lower than the balance.
United Revenue Corp will likely counteroffer the amount, so start low so you end up at an amount you can afford. Again, get the agreement in writing.
Once you pay the debt (only pay via check don’t share your account number), pull your credit report 30 days later to make sure they deleted the account.
If they didn’t, dispute the debt with the credit bureau.
Have a Professional Remove the Collection
Lastly, if you’re the type of person who would rather have a professional handle it and just be done with the whole thing, I suggest you check out Lexington Law Credit Repair.
They’ll take care of you, and honestly a credit repair company usually get negative items removed quicker than if you try to do it yourself.
Give them a call at 1-844-331-6062 or Check out our review of their service.
Can United Revenue Corp Sue Me?
The short answer is yes. A collection agency will sometimes sue in order to get a judgment against you so you will have to pay the debt.
That said, most of the time a collection agency will consider this a last resort. In that way, it’s important that you negotiate with United Revenue Corp before this happens.
How Collections Affect Your Credit
In all cases a collection account with have a negative affect on your credit score. With that said, how much of an affect depends on what your credit score was prior to the collection.
The higher your credit score, the more of an impact a collection will have on your credit. For example, if your credit score is 770 and you get a collection, it could drop to 730.
However, if your credit score is 660 and you get a collection, it may only drop to 640.
Another thing to keep in mind is that it doesn’t matter if the collection is “paid” or “unpaid”, both will have a negative affect on your credit. A paid collection will look better to potential lenders, but will still hurt your score.
Bottom Line
Don’t let United Revenue Corp sit on your credit report. Not only does it hurt your credit score, but it shows future lenders you don’t pay your bills.
The late payment record on the original debt is enough to hurt your chances, but a collection account makes it much worse.
It’s worth the effort (and possibly the money if you use a reputable credit repair company) it takes to remove United Revenue Corp from your credit report.
You may be able to do it yourself if you act fast and have thick skin. With all communication in writing, it should be a little easier to do it.
But if you need help, there’s no shame in using a reputable credit repair company who can help you clear up this collection and any other issues your credit report may show.