Who is Revco Solutions?
Revco Solutions, Inc. is a leading debt collection agency and revenue cycle management company based in Columbus, Ohio. This agency is a result of the consolidation of two significant entities in the debt collection industry: Credit Bureau Collection Services (CBCS) and Professional Recovery Consultants.
These were acquired by Longshore Capital Partners, a private equity firm, and merged to form Revco Solutions, LLC. Their business operations encompass a range of financial services, primarily focusing on the collection of outstanding debts.
If you see Revco Solutions listed on your credit report as a collections account, it’s likely because of an unpaid bill that’s been handed over to this agency for collection.
Who does Revco Solutions collect for?
Revco Solutions provides debt collection services across multiple sectors. They work with government agencies to recover unpaid taxes and fines. For hospitals and physicians, they manage revenue cycles by collecting on medical bills.
They also assist retail and banking institutions with the recovery of consumer debts like overdue credit cards and loans. Finally, they help utility companies, both public and private, in collecting unpaid utility bills.
Is Revco Solutions legit or a scam?
Revco Solutions is a legitimate company. They’ve been in business since 1979, and they are authorized to collect debts on behalf of their clients. However, if you’re contacted by them about a debt, it’s important to verify the debt’s validity before agreeing to any payments.
How can I remove Revco Solutions from my credit report?
Revco Solutions 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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Revco Solutions, Inc. Contact Information
Revco Solutions, Inc.
250 E Broad St. Ste 2100
Columbus, OH 43215
Phone number: (855) 202-0113
Should I contact or pay Revco Solutions?
Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Sometimes, credit reports contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock. As a result, it could harm your credit rather than improve it.
The most effective way to deal with Revco Solutions is to work with a credit repair professional. They help remove millions of negative items every year from companies like Revco Solutions on behalf of their clients.
Will Revco Solutions, Inc. sue me or garnish my wages?
In general, debt collection agencies, including Revco Solutions, have the legal right to sue you to collect the debt they are owed. If they obtain a judgment against you in court, they may be able to garnish your wages or take other actions depending on the laws in your state.
However, it’s important to remember that not every debt collection agency will choose to sue over every debt. The decision to sue may depend on the amount of the debt, the age of the debt, and whether they believe you have the means to pay the debt.
Revco Solutions, 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 Revco Solutions, Inc.
Collection agencies 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 Revco Solutions 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.
- Revco Solutions may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Revco Solutions must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection company both orally and in writing.
- Revco Solutions cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Revco Solutions From Your Credit Report Today!
Credit Saint can assist you in disputing Revco Solutions 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.
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