General Revenue Corporation

Who is General Revenue Corporation?

General Revenue Corporation (GRC) is a subsidiary of Navient Corporation, a major servicer of federal and private student loans in the United States. GRC, based in Mason, Ohio, is a recognized name in the field of debt collection, especially regarding student loan recovery.

It’s common to see GRC on a credit report as a collections account if you have defaulted on your student loans or other bills.

Who does General Revenue Corporation collect for?

General Revenue Corporation primarily collects for educational institutions and the U.S. Department of Education. Their main task is to manage the recovery process of defaulted student loans. However, they also handle the collection of consumer loans and other types of delinquent debts.

Is General Revenue Corporation legit or a scam?

General Revenue Corporation is indeed a legitimate debt collection company. As part of Navient Corporation, they are authorized to collect debts and operate under the legal guidelines that regulate the debt collection industry. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove General Revenue Corporation from my credit report?

Collections can hurt your credit score and stay on your credit report for up to seven years, even if you pay them. Paying the collection might even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

General Revenue Corporation (GRC) Contact Information

Address:

General Revenue Corporation
4660 Duke Dr. Ste 200
Mason, OH 45040-8466

Phone number: (800) 234-1472

Should I contact or pay General Revenue Corporation?

Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with General Revenue Corporation is to work with a credit repair professional. They help remove millions of negative items every year from companies like General Revenue Corporation on behalf of their clients.

Will General Revenue Corporation sue me or garnish my wages?

As a debt collection agency, General Revenue Corporation is entitled to take legal action, including suing you in a court of law if you fail to repay your debt. If they win the lawsuit and receive a judgment against you, they could potentially garnish your wages, levy your bank account, or place a lien on your property, depending on the laws in your state.

However, remember that lawsuits are expensive, and most creditors would prefer to avoid them if possible. Typically, they’ll sue as a last resort if other attempts to collect the debt have failed.

General Revenue Corporation Complaints

Most debt collectors 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 you find yourself facing any of these situations with a debt collector, 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). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with General Revenue Corporation

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

• It is a violation of federal law for General Revenue Corporation 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. They have 30 days to prove the debt is yours and the amount is accurate.
• General Revenue Corporation cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• General Revenue Corporation must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
• General Revenue Corporation cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove General Revenue Corporation From Your Credit Report Today!

Credit Saint can help you dispute General Revenue Corporation collection accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many clients.

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 or call (855) 281-1510 for a free credit consultation to see what they can do for you.