If you’ve spotted Investment Retrievers on your credit report, it likely means they’ve purchased an old debt and are now trying to collect it. Here’s what you need to know about who they are, how they operate, and how to deal with them.
Who Is Investment Retrievers?
Investment Retrievers, Inc. is a debt collection agency and debt buyer based in Folsom, California. They purchase past-due accounts from original lenders, such as credit card companies, for less than the amount owed. Once they buy the debt, they attempt to collect the full balance from consumers.
Who Does Investment Retrievers Collect For?
Investment Retrievers primarily buys delinquent debt from financial institutions and lenders. These can include credit card companies, personal loan providers, and other creditors. After purchasing the debt, they take over collection efforts and report the account to the credit bureaus.
Is Investment Retrievers Legitimate?
Yes, Investment Retrievers, Inc. is a legitimate debt collection company. However, that doesn’t mean every account they report is accurate. It’s always smart to verify the details before making any payments or acknowledging the debt.
How to Remove Investment Retrievers from Your Credit Report
Collections can lower your credit score and remain on your credit report for up to seven years. If you want to get them removed, here are your options:
- Dispute the Account: Start by checking for errors. If the account details are incorrect or the debt isn’t yours, dispute the information with the credit bureaus.
- Request Debt Validation: Send a written request asking Investment Retrievers to validate the debt. They must prove the debt is yours and provide details about the amount.
- Negotiate a Pay-for-Delete Agreement: If the debt is accurate, you can try to negotiate a deal where you pay in exchange for having the account removed from your credit report. Not all agencies agree to this, but it’s worth attempting.
- Work with a Credit Repair Company: Professionals can challenge questionable collection accounts and help clean up your credit report.
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Should You Pay Investment Retrievers?
Before paying, confirm the debt is valid and still collectible. In some cases, debts are past the statute of limitations, meaning they are too old for legal action. Making a payment could restart the clock and make the debt legally enforceable again.
If you’re unsure, consult a credit repair specialist. They can review your situation and help you handle collection accounts the right way.
Can Investment Retrievers Sue or Garnish Your Wages?
Debt collectors like Investment Retrievers can take legal action if they believe other collection efforts have failed. If they sue and win a judgment, they could garnish your wages or bank account to collect the debt. However, lawsuits are typically a last resort due to the time and expense involved.
Common Complaints About Investment Retrievers
Investment Retrievers has received complaints with organizations like the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Common issues include:
- Reporting inaccurate information
- Failing to verify debts
- Harassment or aggressive collection tactics
If you’re dealing with any of these problems, you have the right to file a complaint and dispute the account.
Your Rights When Dealing with Investment Retrievers
You are protected by the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). These laws ensure debt collectors follow strict rules:
- They cannot report false or incomplete information.
- You can request debt validation within 30 days of their first contact.
- Harassment, threats, or abusive language are prohibited.
- They must clearly identify themselves as a debt collection agency.
- They cannot threaten arrest or legal action they cannot take.
Know your rights and use them to protect yourself.
Investment Retrievers Contact Information
Here’s how to reach them if you need to dispute a debt or request validation:
Investment Retrievers, Inc.
950 Glenn Dr., Suite 160
Folsom, CA 95630
Phone: (916) 941-8851
How Credit Saint Can Help
If you’re overwhelmed by collections or struggling to remove negative items from your credit report, Credit Saint can help. They specialize in challenging inaccurate accounts, including those from Investment Retrievers. They even offer a 90-day money-back guarantee for extra peace of mind.
Visit their website or call (855) 281-1510 for a free credit consultation and find out how they can help clean up your credit today.
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.
