Who is Security Credit Services?
Security Credit Services, LLC, also known as EquiPro Investments, is a debt collection agency with its headquarters in Oxford, Mississippi, and an additional office in Atlanta, Georgia. The firm aims to recoup outstanding debts on behalf of their clients.
If Security Credit Services, LLC, or EquiPro Investments appears on your credit report as a collections account, it indicates that they are attempting to recover a debt you owe. This usually occurs when a bill has been unpaid for an extended period.
Who does Security Credit Services collect for?
Security Credit Services is a debt buyer who specializes in buying delinquent and charged off debts from banks, credit card issuers, retailers, and other financial institutions for pennies on the dollar.
Is Security Credit Services legit or a scam?
Security Credit Services is a legitimate debt collection company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.
How can I remove Security Credit Services from my credit report?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
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Security Credit Services, LLC Contact Information
Address:
Security Credit Services, LLC
306 Enterprise Dr.
Oxford, MS 38655
Mailing address:
Security Credit Services, LLC
PO Box 1156
Oxford, MS 38655
Phone number: (866) 699-7889
Should I contact or pay Security Credit Services?
Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with Security Credit Services is to work with a credit repair professional. They help remove millions of negative items every year from companies like Security Credit Services on behalf of their clients.
Will Security Credit Services sue me or garnish my wages?
As a debt collection agency, Security Credit Services, LLC has the ability to pursue a lawsuit against debtors who fail to repay their debt. This action is typically taken when other methods of debt recovery, such as phone calls, letters, or payment plans, have failed.
If they decide to sue and the court rules in their favor, the judgment could potentially allow them to garnish your wages or levy your bank accounts, depending on the laws within your state. However, lawsuits are generally considered a last resort due to the cost, time, and effort involved. Most debt collection agencies prefer to work out a repayment plan with the debtor before moving towards legal action.
Security Credit Services, LLC Complaints
Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, 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 disputing credit reporting errors and being treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Security Credit Services
Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:
- It is a violation of federal law for Security Credit Services 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. They have 30 days to prove the debt is yours and the amount is accurate.
- Security Credit Services cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Security Credit Services must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
- Security Credit Services cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Security Credit Services From Your Credit Report Today!
Credit Saint offers assistance with disputing Security Credit Services collection accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
