If American Accounts & Advisors is showing up on your credit report, it usually means you have unpaid debt that has been sent to collections. Here’s how they operate—and how to work toward removing them from your report.
Who Is American Accounts & Advisors?
American Accounts & Advisors, Inc. (AAA) is a debt collection agency based in Cottage Grove, Minnesota. Some of their materials may use the spelling “Advisers” instead of “Advisors,” but they are the same company.
If they are listed on your credit report, they are attempting to collect unpaid debt on behalf of another company.
Who Does American Accounts & Advisors Collect For?
American Accounts & Advisors works with clients in several industries, including:
- Healthcare providers – Collecting unpaid medical bills from hospitals, clinics, and private practices
- Financial institutions – Recovering overdue credit card debt, loans, and other financial accounts
- Commercial businesses – Handling unpaid invoices or business-to-business debts
If you owe money in any of these areas, your account may have been turned over to them.
Is American Accounts & Advisors Legitimate?
Yes, American Accounts & Advisors is a real debt collection company. But even legitimate collectors can:
- Report inaccurate information to credit bureaus
- Attempt to collect debts that don’t belong to you
- Make errors when contacting consumers
Always verify the debt before agreeing to make payments.
How to Remove American Accounts & Advisors From Your Credit Report
Collections can stay on your credit report for up to seven years, but they may be removed sooner with the right steps:
- Dispute inaccuracies – If the account information is incorrect, file a dispute with the credit bureaus.
- Request debt validation – You have the right to request written proof that the debt belongs to you and the amount is correct.
- Negotiate a pay-for-delete – Some collectors may agree to remove the account if you pay. Get any agreement in writing first.
- Work with a credit repair service – Professionals can assist in challenging negative items and improving your credit report.
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Should You Contact or Pay American Accounts & Advisors?
Before sending any payments, confirm the debt is valid and accurately reported. Credit reports often contain mistakes, and paying without verification can sometimes restart collection efforts, depending on your state laws.
Many people choose to work with experienced credit repair professionals to avoid errors when dealing with American Accounts & Advisors.
Can American Accounts & Advisors Sue You or Garnish Your Wages?
Yes, American Accounts & Advisors can sue for unpaid debts. If they win the case, they could:
- Garnish your wages
- Place a lien on your property
- Levy your bank account
That said, lawsuits are often a last resort. Most collectors prefer to work out payment plans or settlements before taking legal action.
Complaints About American Accounts & Advisors
Like many collection agencies, American Accounts & Advisors has complaints filed with the Consumer Financial Protection Bureau (CFPB) and Better Business Bureau (BBB). Common complaints include:
- Inaccurate credit reporting
- Harassment or repeated calls
- Failure to verify debts
If you experience these issues, you can file a complaint with the CFPB or BBB.
Your Rights When Dealing With American Accounts & Advisors
Consumers are protected by the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). These laws help ensure fair treatment and accurate reporting.
Your rights include:
- Disputing incorrect or incomplete information
- Requesting written proof that the debt belongs to you
- Protection from harassment, threats, or abusive language
- Clear identification that they are a debt collection agency
- Protection from false claims of legal action they cannot take
Knowing your rights helps you handle collections with more confidence.
American Accounts & Advisors Contact Information
Address:
American Accounts & Advisors
7460 80th St S
Cottage Grove, MN 55016-3007
Mailing Address:
P.O. Box 250
Cottage Grove, MN 55016-3007
Phone:
(651) 287-6100
(651) 405-9760
Get Help Removing American Accounts & Advisors From Your Credit Report
Collections can lower your credit score, but you don’t have to deal with them alone. Credit Saint has over 15 years of experience helping people challenge inaccurate items on their credit reports—including accounts from American Accounts & Advisors.
They even offer a 90-day money-back guarantee for added peace of mind.
To get started, visit their website or call (855) 281-1510 for a free consultation.
Brooke Banks is a personal finance writer specializing in credit, debt, and smart money management. She helps readers understand their rights, build better credit, and make confident financial decisions with clear, practical advice.