Who is Fair Collections & Outsourcing?
Fair Collections & Outsourcing, Inc. (FCO) is a debt collection agency located in Beltsville, Maryland. They focus on collecting the following:
- student accounts
- student housing accounts
- military housing accounts
- senior / assisted living accounts
- commercial property collections
You may see FCO listed on your credit report as a collections account. This can happen if you forgot to pay a bill and your account was sent to a debt collector.
Removing Fair Collections & Outsourcing Collections from Your Credit Report
Collections can hurt your credit score and remain on your credit report for up to 7 years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.
However, it is possible to have it removed before 7 years, and you may not even have to pay it.
(Debt collectors prefer that we didn’t tell you this, but it’s something you should know.)
Lexington Law is a credit repair company that helps people fix their credit. As a result, you may not even have to pay any of the debts on your credit report.
In addition to collections, Lexington Law will help you challenge (and possibly remove) other inaccurate information from your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, judgments, tax liens, and bankruptcies.
Call Lexington Law now to learn more: (800) 220-0084
Fair Collections and Outsourcing (FCO) Contact Information
Address:
Fair Collections and Outsourcing
12304 Baltimore Ave Suite E
Beltsville, MD 20705
Website: https://www.fco.com
Phone number: (877) 324-7265 or (877) 324-7959
Should I contact or pay Fair Collections & Outsourcing?
Nothing good can come from speaking to a collection agency on the phone. And making payments on the collection account will reset the clock. So not only will it not help your credit, but it could actually make it worse.
The best way to go about handling this is to work with a professional credit repair service. They have deleted millions of negative items from companies like Fair Collections & Outsourcing for millions of clients nationwide.
And they can help you too.
Will Fair Collections and Outsourcing sue me or garnish my wages?
It’s possible, but if you work with a law firm like Lexington Law, you have nothing to worry about. They will help you dispute the collection account and possibly get it removed from your credit report. It’s also quite possible that you will never hear from or have to deal with Fair Collections and Outsourcing again.
Call Lexington Law to learn how they can help you avoid lawsuits and remove negative items from your credit report that will significantly improve your credit scores.
Wage Garnishment
Some states allow wage garnishment, while others do not. It is important to note that if you are in a state that does not allow wage garnishment, it is illegal for them to threaten to garnish your wages.
It is also illegal for Fair Collections and Outsourcing to make any claims they cannot or will not follow through on – this includes threatening to sue you or to foreclose on your home.
Fair Collections and Outsourcing Complaints
Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you find yourself facing any of these situations with a debt collection agency, you should also consider filing a complaint.
You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). Lexington Law knows that you have rights, and Fair Collections and Outsourcing does too.
Your Rights When Dealing with Fair Collections and Outsourcing
There are strict regulations about what a collection agency can and cannot do in the United States. For example, the Fair Debt Collection Practices Act prevents the use of abusive or deceptive tactics to collect any debt, whether or not you actually owe it. In addition, the FDCPA provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:
- Debt validation. Under the FDCPA, you have the right to validate a debt. The collection agency reporting the information must prove to you, within 30 days, that the account is really your responsibility and the amount of money you owe is accurate.
- All personal debts are covered, including personal credit cards, auto loans, household bills, and mortgage payments.
- Fair Collections and Outsourcing may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- FCO must be honest about who they are and what they are trying to do. They must notify you that they are a collection agency both orally and in writing.
- FCO cannot threaten to have you arrested, and they are not allowed to threaten to take legal action if they have no intention of doing so.
Can FCO collections be removed from my credit report?
Lexington Law specializes in disputing FCO collections. They have over 28 years of experience and have removed over 10 million negative items for their clients in 2018 alone.
Get Your Collections Removed Today!
If you’re looking for a reputable company to help you with collection accounts and repair your credit, we HIGHLY recommend Lexington Law.
Call them at (800) 220-0084 for a free credit consultation. They have helped many people in your situation and have paralegals standing by waiting to take your call.