Who is Absolute Resolutions Investments, LLC?
Absolute Resolutions Investments, LLC, also known as Absolute Resolutions Corporation (ARC), is a debt collection agency that is based in Bloomington, Minnesota. They are often involved in buying debts from original creditors and then attempting to collect on those debts.
As a result of their business model, you might find them listed on your credit report as a collections account if you have any unpaid debts that they’ve purchased.
Who does Absolute Resolutions Investments collect for?
As a debt buyer, Absolute Resolutions Investments primarily collects for themselves since they buy unpaid debts from original creditors. The types of debt they buy often come from various sectors such as credit card companies and hospitals. By purchasing these debts, they acquire the right to collect the debt and any associated fees or charges.
Is Absolute Resolutions Investments legit or a scam?
Absolute Resolutions Investments is a legitimate debt collection company. However, like many collection agencies, they have been known to employ persistent and at times bothersome tactics such as frequent phone calls, emails, and texts in their attempts to collect a debt.
How can I remove Absolute Resolutions from my credit report?
Collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.
However, it is possible to remove a collection account from your credit history before seven years.
(While debt collectors may not want this information to be widely known, it’s your right to be informed.)
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Lexington Law is a professional credit repair law firm that works with people who want to fix their credit.
In addition to collections, they can work with you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.
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Absolute Resolutions Investments, LLC Contact Information
Address:
Absolute Resolutions Investments, LLC
8000 Norman Center Dr. #350
Bloomington, MN 55437
Phone number: (800) 713-0670
Should I contact or pay Absolute Resolutions Investments, LLC?
It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.
The most effective way to deal with Absolute Resolutions Investments, LLC is to work with a credit repair professional. They help remove millions of negative items every year from companies like Absolute Resolutions Investments, LLC on behalf of their clients.
Will Absolute Resolutions Investments, LLC sue me or garnish my wages?
If you owe a significant amount and are not responding to their collection attempts, the company may decide to sue you for the money you owe. If they win a judgment against you in court, then they may be able to take additional steps to collect the debt, such as wage garnishment.
Wage garnishment generally requires a court order and is not something that a debt collector can initiate on their own. Once a judgment is obtained, the court may grant a garnishment order which is then presented to your employer.
Absolute Resolutions Investments, LLC Complaints
Most collection agencies have numerous complaints filed against them 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 Absolute Resolutions Investments 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 the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Absolute Resolutions Investments, LLC
Absolute Resolutions Investments, LLC must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, the FDCPA provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:
- It is a violation of federal law for Absolute Resolutions Investments, LLC 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. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
- Absolute Resolutions Investments, LLC may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Absolute Resolutions Investments, LLC must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
- Absolute Resolutions Investments, LLC cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Absolute Resolutions Corp From Your Credit Report Today!
Lexington Law Firm can assist you in disputing Absolute Resolutions Corp collection accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.
If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.
They have helped many people in your situation. Fill out the form on their website for a free credit consultation to see what they can do for you.
Ready to Repair Your Credit?
Some clients have raised their credit scores
by 100 points* or more.
