Who is MRS Associates?
MRS Associates, also known as MRS BPO, LLC, is a debt collection agency based in Cherry Hill, New Jersey. It specializes in recovering outstanding debts on behalf of various creditors.
If MRS Associates appears on your credit report, it typically means you have an account in collections. This could be due to a missed payment on a bill, a credit card, or a loan that has been left unpaid.
MRS Associates may appear on your credit report as any of the following entries:
- mrs and associates
- mrs associates nj
- mrs collections
- mrs company
- mrs pay
Who does MRS Associates collect for?
MRS Associates works with a diverse set of industries to collect outstanding debts. Their clientele spans companies in the telecom, student loan, auto loan, credit card, and healthcare industries.
Is MRS Associates legit or a scam?
MRS Associates, Inc. is a legitimate debt collection agency that has been in operation for over 30 years. However, some consumers have complained about MRS Associates’ debt collection practices.
The company has been accused of repeatedly calling, texting, and emailing people in an attempt to collect debts, even after being asked to stop. Some have also reported that the company has tried to collect debts that were not theirs, which is a violation of the Fair Debt Collection Practices Act (FDCPA).
How can I remove MRS Associates 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.)
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MRS Associates/MRS BPO, LLC Contact Information
MRS BPO, LLC
1930 Olney Ave
Cherry Hill, NJ 08003
Phone number: (877) 508-6304 or (856) 988-9122
Is MRS Associates making threatening phone calls?
If you are experiencing debt collector harassment from MRS Associates, the best thing to do is contact them in writing. Never talk to them on the phone.
You’re more likely to get emotional and react in a way you might regret later on. Even worse, you could be pressured into making payments on the debt in a way that’s not in your best interest.
Alternatively, admitting to old debts may reset the statute of limitations in your state, essentially renewing the number of years you can be sued for overdue payments.
How to Deal with Calls from MRS Associates
There are a couple of ways to handle collection calls from MRS Associates. First, you can send a cease and desist letter. Once a debt collection agency receives your written request, they must stop contacting you about your debt.
In this case, the company can either drop pursuing your account altogether or initiate a lawsuit. There’s simply no way to know. However, know that it is illegal for them to threaten to sue you without actually intending to do so. Either way, they will most likely continue to report the debt to the credit bureaus.
Another option is to attempt to settle the account. You can either negotiate on your own or hire a professional debt settlement firm to help you.
Should I contact or pay MRS Associates?
Nothing good can come from speaking to a debt collection company on the phone. And making payments on the account 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 debt, especially if it’s new, and you’re certain that it’s legit.
The most effective way to deal with MRS Associates is to work with a credit repair professional. They help remove millions of negative items every year from companies like MRS Associates on behalf of their clients.
Will MRS Associates sue me or garnish my wages?
MRS Associates has the legal right to sue a debtor for an outstanding debt. If they win the lawsuit and secure a judgment against you, they could potentially garnish your wages or bank account, depending on the laws in your state.
However, it’s important to understand that initiating a lawsuit is typically a last resort for most debt collection agencies, including MRS Associates. It can be an expensive and time-consuming process, often reserved for situations where the debt is significant, and the debtor can pay.
MRS Associates 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 MRS Associates, 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 the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.
Your Rights When Dealing with MRS Associates
There are strict debt collection laws and regulations about what a debt collector 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 a debt. In addition, the FDCPA provides you with many rights to ensure that debt collectors don’t take advantage of you. In particular:
- It is a violation of federal law for MRS Associates to report inaccurate or incomplete information about you.
- You have a legal right to request debt validation on an alleged debt. Send MRS Associates 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.
- MRS Associates may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- MRS Associates 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.
- MRS Associates cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove MRS Associates From Your Credit Report Today!
Credit Saint can assist you in disputing MRS Associates 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.
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