Merrick Bank Corp

Who is Merrick Bank Corp?

Merrick Bank Corp is a privately held company headquartered in South Jordan, Utah. They have nearly 3 million active credit card accounts and have extended over $5.3 billion in credit.

Merrick Bank offers two credit cards to consumers: the Platinum Visa and the Secured Visa. In addition to credit cards, they also provide personal loans, certificates of deposit, and consumer finance options to marine, RV, and horse trailer dealers.

You may see them listed on your credit report as a collections account. This can happen if you defaulted on a Merrick Bank credit card or loan.

How can I remove Merrick Bank Corp from my credit report?

Collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.

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

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

Professional credit repair services work with people who want to get their credit back on track.

In addition to collections, they can help you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include 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.

Merrick Bank Corp Contact Information

Address:

Merrick Bank
10705 South Jordan Gateway Ste 200
South Jordan, UT 84095

Mailing address:

Merrick Bank
P.O. Box 5000
Draper, UT 84020-5000

Phone number: (800) 204-5936 or (800) 253-2322

Should I contact or pay Merrick Bank Corp?

It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.

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

Will Merrick Bank Corp sue me or garnish my wages?

Merrick Bank Corp is entitled to sue a debtor for non-payment of debt. If they take legal action and the court rules in their favor, they may have the authority to garnish your wages or levy your bank accounts, depending on the laws in your specific state.

However, the preference for most creditors, including Merrick Bank Corp, is to avoid legal action if possible. Legal action is time-consuming and costly, and they would often prefer to negotiate a payment plan or settlement directly with the debtor.

Merrick Bank Corp Complaints

Most collection agencies 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 a debt collector is harassing you, you may want to 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 the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Merrick Bank Corp

Debt collectors must abide by state and federal laws in the United States. For example, the FDCPA prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, it provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

• It is a violation of federal law for Merrick Bank Corp 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. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
• Merrick Bank may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
• Merrick Bank must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
• Merrick Bank cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Merrick Bank Corp From Your Credit Report Today!

Credit Saint can assist you in disputing Merrick Bank Corp collection accounts. With years of experience at their disposal, these professionals have a proven track record of effectively removing incorrect entries for countless 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 give them a call at (855) 281-1510 for a free credit consultation to see what they can do for you.