Seeing Crown Asset Management on your credit report usually means a past-due debt has been sold to them for collection. These accounts can hurt your credit, but there are ways to dispute or remove them.
Who Is Crown Asset Management, LLC?
Crown Asset Management, LLC (CAM) is a debt buyer based in Duluth, Georgia. They purchase delinquent or charged-off debts from original creditors and then attempt to collect the balance.
If you have an unpaid bill or loan, Crown Asset Management may now own the debt and report it to the credit bureaus as a collection account.
What Types of Debt Does Crown Asset Management Buy?
Crown Asset Management purchases and collects on:
- Credit card debt
- Auto loan deficiencies
- Personal loans
- Marketplace lending debt
- Judgments from previous lawsuits
Debt buyers like CAM purchase large portfolios of overdue accounts for a fraction of the balance, then attempt to collect the full amount.
Is Crown Asset Management a Scam?
No, Crown Asset Management is a legitimate debt collection company. But that doesn’t mean every account they report is accurate. Always verify any debt before making payments to protect yourself from errors.
How to Remove Crown Asset Management From Your Credit Report
Collections can damage your credit score and stay on your report for up to seven years. Here are ways to potentially remove the account:
- Dispute inaccuracies: Review your credit report for incorrect details about the CAM account. If you find errors, file a dispute with the credit bureaus.
- Request debt validation: You have the right to demand written proof that the debt belongs to you and the amount is correct. If they can’t verify it, they may have to remove the account.
- Negotiate a pay-for-delete: Some debt buyers will agree to delete the collection from your report if you settle the debt. Always get this in writing before sending any payment.
- Hire a credit repair company: Professionals can help challenge questionable collection accounts and assist with improving your credit.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Contact or Pay Crown Asset Management?
Before paying, confirm the debt is valid and reported accurately. Some accounts may be outdated, incorrect, or already resolved. Making a payment could also reset the statute of limitations in certain states, which can affect your legal options.
If you’re unsure how to handle the situation, working with a credit repair service can help you avoid costly mistakes.
Can Crown Asset Management Sue You or Garnish Wages?
Yes, Crown Asset Management can sue for unpaid debts. If they win in court, they may obtain a judgment that allows wage garnishment or other legal actions, depending on your state’s laws.
That said, lawsuits are often a last resort. Many debt buyers prefer to work out payment plans or settlements before going to court.
Crown Asset Management Contact Information
Here’s how to reach them:
Address:
Crown Asset Management
3100 Breckinridge Boulevard, Suite 725
Duluth, GA 30096
Phone Numbers:
(866) 696-4442
(770) 817-6700
Crown Asset Management Complaints
Crown Asset Management has received complaints through the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Common issues include:
- Inaccurate or incomplete credit reporting
- Failure to properly verify debts
- Harassment or repeated phone calls
If you’re experiencing any of these problems, you have rights under federal law.
Your Rights When Dealing With Crown Asset Management
Debt collectors must follow the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA), which protect you from:
- Inaccurate credit reporting
- Harassment, threats, or abusive language
- Collection attempts without proper debt validation
- False threats of arrest or legal action they can’t take
You have the right to dispute incorrect information and demand proof of the debt.
Get Help Removing Crown Asset Management From Your Credit Report
If dealing with collections feels overwhelming, you don’t have to go through it alone. Credit Saint has helped clients remove millions of negative items, including accounts from Crown Asset Management.
They even offer a 90-day money-back guarantee for added peace of mind.
If you’re ready to clean up your credit, visit their website or call (855) 281-1510 to get started.
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.
