Are you getting calls or letters from Reliant Capital Solutions?
When a debt collection agency contacts you, it also does damage to your credit score.
While owing money to a debt collector can harm your credit score and confronting the agency might seem like a daunting task, there’s no need to worry.
Using the information below, you can remove Reliant Capital Systems from your credit report, stop their calls, and improve your credit score.
And you may not have to pay the collections agency a dime in the process.
Read on to learn the best ways to get Reliant taken off of your credit report with as little hassle and money as possible.
What Is Reliant Capital Solutions?
Reliant Capital Solutions is a name you probably haven’t encountered before seeing them on your credit report.
While you might not be familiar with the name, Reliant Capital Solutions, LLC, is 100% legitimate.
Founded and headquartered in Gahanna, Ohio, the mid-sized agency has been profiting off of consumer debt collections across the United States since 2006.
Reliant Capital Solutions might also appear on your credit report under a few different names, including:
- Rcs collections
- Reliant capital systems
- Reliant Recovery Solutions, LLC
3 Ways to Remove Reliant Capital Solutions from Your Credit Report
If RCS is weighing down your financial goals, there’s more to improving your score than simply paying the amount you owe.
With the tips below, you can get a collection agency removed from your credit report in no time.
- Mail RCS a debt validation letter
- Negotiate a pay-for-delete agreement
- Get professional help
1. Mail RCS a Debt Validation Letter
Are you worried that RCS is contacting you by mistake about a debt you don’t actually owe?
Thanks to the Fair Debt Collection Practices Act, debt collectors are legally required to present you with verification of your debt upon request.
All you need to do is submit a brief debt validation letter within 30 days of being contacted by the agency, informing them that you’re aware of your rights under the FDCPA.
This is a strategy worth pursuing even if you do indeed owe the amount that RCS claims you do.
When collection agencies purchase debts from businesses, they often don’t maintain the records needed to validate the debts owed.
If that’s the case, they’ll be forced to remove you from their calling and mailing lists and have the collections account entry deleted from your credit report.
2. Negotiate a Pay-for-delete Agreement
Did you miss the 30-day window for submitting a debt validation letter?
If so, you should still be able to get Reliant Capital Solutions out of your hair and off of your credit report with a pay-for-delete agreement.
Paying RCS the full amount you owe may stop their communications, but it won’t necessarily drop the collections account from your credit report.
Instead, you need to get the agency to agree, in writing, to have the account deleted from your credit report if you make a payment.
The best part of this approach is that you may be able to negotiate a discounted amount, only paying a fraction of what you owe to settle your account.
We suggest beginning your negotiations at around half of what you owe the agency.
Once the deal is done and your payment is made, it could take up to a month for the changes to be reflected on your report.
If your score hasn’t changed and the collections entry is still present on your credit report after a month, you should shoot RCS a letter asking for an update.
3. Get Professional Help from a Credit Repair Company
At the end of the day, some issues are best left to the experts.
Whether the thought of confronting a collections agency over the phone induces anxiety, you’re too busy to keep up with letters, or your credit situation is complex, you might want to consider hiring help.
Whatever the circumstances, a credit repair company can take the stress out of dealing with debt collectors, handling every detail for you, and fighting to improve your credit score.
These companies are staffed with professionals who are trained to dispute claims, negotiate deletions, and stop debt collectors from harassing you.
If you’re looking for an affordable credit repair company that gives you a lot of bang for your buck, The Credit People is a company worth considering.
Regardless of which route you choose, read up on your rights under the Fair Debt Collection Practices Act and get started today.
How Does Reliant Capital Solutions Work?
Reliant Capital Solutions collects on unpaid debts for businesses in a wide range of industries, including:
- Automotive services
- Healthcare services
If you’ve missed one or more payments to a provider in one of the industries above, Reliant Capital Services may contact you by mail or phone until the account is settled.
More importantly, RCS will appear on your credit report as a collections entry, which could lower your score substantially.
A collections account normally remains on your credit report for 7 years, becoming less damaging as time goes on.
Fortunately, it’s possible to get the collections entry removed completely from your credit report with the tips below.
Dealing with Reliant Capital Solutions
Reliant Capital has its fair share of consumer complaints. Customers have raised concerns about a handful of issues, namely:
- Faulty credit reporting
- Failure to respond to debt validation request
You can find detailed customer complaints on the Better Business Bureau’s website. Customers have also filed dozens of complaints with the Consumer Financial Protection Bureau.
The Fair Debt Collection Practices Act is in place to protect you from the grievances cited above.
Among other things, it requires debt collectors to only call you between 8 a.m. and 9 p.m. It also prohibits them from harassing you at work as well as contacting your employer or family members.
A key feature of the Fair Debt Collection Practices Act is that it allows you to choose to only communicate with debt collectors by mail.
In addition to eliminating the stress of daily phone calls, letters provide written evidence of your agreement with the collection agency, which can be crucial to getting the account deleted from your credit report.
The post How To Remove Reliant Capital Solutions From Your Credit Report appeared first on Better Credit Blog | Credit Help For Bad Credit.