How to Remove MRS Associates From Your Credit Report

Who is MRS Associates?

MRS Associates, aka MRS BPO, LLC, is a debt collection agency based in Cherry Hill, New Jersey.

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
mrsassociates

Who does MRS Associates collect for?

MRS Associates collects for 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.)

Ready to Raise Your Credit Score?

Some clients have raised their credit scores
by 100 points^* or more.

Get Started

[*] Results are not typical or guaranteed.

Lexington Law is a professional credit repair law firm that works with people who want to fix their credit.

In addition to collections, they can work with 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.

MRS Associates/MRS BPO, LLC Contact Information

Address:

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?

It’s possible that MRS collection agency will resort to litigation when attempting to collect a debt, but if you work with a law firm like Lexington Law, you have nothing to worry about. They help you dispute the MRS Associates debt with the credit bureaus and possibly get it removed from your credit report. It’s also possible that you never hear from or have to deal with MRS Associates again.

Wage Garnishment

Some states allow wage garnishment, while others do not. If you are in a state that does not allow wage garnishment, it is illegal for a debt collector to threaten to garnish your wages.

It is also illegal for MRS Associates to make any claims they cannot or will not follow through on. This includes threatening to sue you or foreclose on your home.

Is MRS Associates hurting my credit score?

Any derogatory item on your credit report, including a collections account, may harm your credit score.

Debt collectors often buy and sell debt from one another. This can lead to multiple collections on your credit report for the same account.

To get an account removed, you must file a separate dispute with each credit bureau; Equifax, Experian, and TransUnion, or it can negatively impact your credit score.

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.

: Avoid the phone. Never talk to a debt collector on the phone. The less they know about you, the better.

Politely tell MRS Associates it’s your policy to deal with everything in writing. Ask for a letter with details about the original debt, then hang up. If they keep calling, send them a cease and desist letter.

Record their phone calls. If you must deal with a debt collector on the phone, consider recording the conversation. In 35 states and D.C., it’s legal to secretly record phone calls. In the other 15 states, you can record with the other party’s permission. Simply informing the collector of your intention to record may count as permission.

Don’t believe what they say. Debt collectors are notorious for resorting to false threats, deceitful tactics, and any means necessary to coerce you into settling your outstanding debt.

Don’t attempt to hide money. Hiding money or assets from a legitimate debt collector is illegal if you owe them. However, bank account and credit card information should be kept private.

Don’t ignore them. You can do things on your terms, but ignoring the situation will not make MRS Associates go away. Ignoring them sets you up for a possible lawsuit.

Know Your State’s Statute of Limitations. Each state has a statute of limitations on debt. Once your debt reaches a certain age, it is considered “zombie debt,” and you are no longer legally obligated to pay it. Age limits vary by state, but it’s typically 4 to 6 years.

A debt collection agency is still allowed to contact you about these debts, but they can no longer sue you for them, and you are not required to pay them.

: The most important way to protect yourself is to know your legal rights provided to you by the Fair Debt Collection Practices Act (FDCPA). This federal law governs how a debt collector can act towards consumers.

If you are being treated unfairly or illegally by MRS Associates, you should inform the Federal Trade Commission (FTC) and your state attorney general. So, what are your rights under the FDCPA?

First, the debt collector may not charge you more than you actually owe. They also cannot call you early in the morning or late at night, nor can they try to intimidate you or use offensive language.

If you’re older than 18, a debt collector can’t inform anyone except your spouse about your debt. Finally, they may not legally ignore a request for validation. Don’t be afraid to call them out on any of these practices in addition to reporting them to the proper regulators.

Request Debt Validation

MRS Associates typically doesn’t buy debts to collect for their own profit. Instead, original creditors hire them to collect on their behalf.

Even so, it’s imperative that you have your debt validated by MRS Associates before making any type of agreement to pay. Otherwise, there’s no way to know that they truly should be collecting your debt, or that the debt they’re assigning you is completely accurate.

When you first receive a notice from MRS Associates, whether through a phone call or email, send them a debt validation letter. This requires them to send you legal proof that they are the ones you’re obligated to pay.

It also requires MRS Associates to stop attempting to collect debt until they’ve sent you information. Since the account hasn’t been sold, you can also contact your original creditor to ask if they have hired MRS Associates to collect on their behalf.

Remove MRS Associates From Your Credit Report Today!

Lexington Law can assist you in disputing MRS Associates accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.

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 for a free credit consultation to see what they can do for you.

Ready to Repair Your Credit?