Who is Olympic Collection?
Olympic Collection, Inc. is a professional debt collection agency based in Tukwila, Washington. It’s engaged in the business of assisting creditors in collecting unpaid debts from individuals who have fallen behind on their payments.
If Olympic Collection appears on your credit report, it indicates that they’ve been assigned or have purchased a debt that you owe, which has been reported to the credit bureaus due to non-payment.
Who does Olympic Collection collect for?
Olympic Collection serves a broad range of original creditors by specializing in the recovery of past-due debts. Their clientele could include credit card companies, banks, retail businesses, healthcare providers, utility companies, and other entities that extend credit or have bills that have gone unpaid.
Is Olympic Collection legit or a scam?
Olympic Collection, Inc. is a legitimate debt collection company. They may employ persistent methods of contact, such as repeated calls, texts, or emails, to collect on a debt. However, these practices are generally within their rights under the FDCPA, provided they do not harass, oppress, or abuse any person in connection with the collection of a debt.
How can I remove Olympic Collections 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.
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.
Olympic Collection, Inc. Contact Information
Address:
Olympic Collection, Inc.
16040 Christensen Rd Ste 214
Tukwila, WA 98188
Phone number: (800) 891-1054
Should I contact or pay Olympic Collection?
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 Olympic Collection is to work with a credit repair professional. They help remove millions of negative items every year from companies like Olympic Collection, Inc. on behalf of their clients.
Will Olympic Collection sue me or garnish my wages?
Olympic Collection is legally entitled to sue for unpaid debts. If they file a lawsuit and win a judgment against you, depending on the laws in your state, they could potentially have the right to garnish your wages.
However, it’s important to note that most debt collection agencies view lawsuits as a last resort due to the costs and time associated with legal proceedings. Olympic Collection will likely attempt to recover the debt through other means, such as phone calls, letters, and negotiating payment plans, before proceeding to legal action.
Olympic Collection, Inc. 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 Olympic Collection, Inc.
Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, the FDCPA 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 Olympic Collection 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.
- Olympic Collection may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Olympic Collection 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.
- Olympic Collection cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Olympic Collection From Your Credit Report Today!
Lexington Law can assist you in disputing Olympic collections. 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?
Some clients have raised their credit scores
by 100 points* or more.
