How to Settle Debt With Credit Control Corporation (2024 Guide)
Credit Control Corporation is a legitimate debt collector that you can negotiate with. Send a debt validation letter, respond to any lawsuit within 14-30 days, and negotiate a settlement for 40-60% of the balance. Get all agreements in writing before making payments.
Answer Your LawsuitCredit Control Corporation may contact you about an outstanding debt. The company is a legitimate third-party collection agency serving utility providers, healthcare institutions, and commercial businesses.
Credit Control Corporation has operated for over 38 years. The company holds Better Business Bureau accreditation. Many people wonder how to settle with Credit Control Corporation for less than they owe.
Respond to Credit Control Corporation's Lawsuit Today
You have only 14-30 days to respond to a debt lawsuit. Our partner Solo helps you file a proper Answer and negotiate a settlement for less than you owe.
Start Your Answer NowYou have several options when dealing with Credit Control Corporation. Below, we explain your rights and the best strategies for resolving your debt.
What Is Credit Control Corporation?
Credit Control Corporation operates from Newport News, Virginia. The company has collected debts for more than 38 years. The Better Business Bureau has accredited this collection agency.
Who Does Credit Control Corporation Collect For?
Credit Control Corporation works with utility companies, healthcare providers, and commercial businesses. The agency collects unpaid accounts on behalf of these clients.
Credit Control Corporation Reviews
You should read reviews before engaging with Credit Control Corporation. Real consumer experiences provide valuable insights.
Check reviews on these platforms:
- Google reviews from verified consumers
- Better Business Bureau complaint database
- CFPB consumer complaint records
- Yelp business reviews
Credit Control Corporation reviews vary widely. Some consumers report positive experiences. One borrower named Devan shared her success story:
The company worked with her on debt recovery without insurance. Her credit score improved with each monthly payment. Staff members were polite and helpful. She set up payment plans that worked with her budget.
Devan’s experience shows that Credit Control Corporation collectors often negotiate with consumers. You can reach a fair resolution on your debt.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act protects you from abusive practices. You can file a lawsuit for up to $1,000 per violation.
FDCPA violations include:
- Threatening you with lawsuits, arrest, or credit damage
- Intimidating or harassing you about the debt
- Making false criminal accusations
- Using obscene or abusive language
- Calling family members, colleagues, or friends
- Calling your workplace after you request they stop
- Calling multiple times daily despite your requests
Federal laws let consumers seek monetary damages in court. You may receive compensation for emotional and financial distress. The court may even discharge your debt entirely.
Can Credit Control Corporation Garnish My Wages?
Yes, wage garnishment can occur in certain situations. Credit Control Corporation must sue you first and win a judgment.
Garnishment happens when you fail to respond to a lawsuit. The court enters a default judgment against you. The collection agency gains access to your wages or bank account.
Credit Control Corporation can also garnish wages after winning in court. Strong evidence against you leads to a judgment even if you appear.
Avoid court by responding to collection attempts promptly. Send a debt validation letter to verify the debt belongs to you. Make payment arrangements once you confirm the debt is valid.
How to Remove Credit Control Corporation From Your Credit Report
Credit Control Corporation can report unpaid debts to credit bureaus. Sometimes the information contains errors. The debt may not be yours or may already be paid.
Follow these steps to remove inaccurate information:
1. Send a Debt Validation Letter
Request that Credit Control Corporation validate the debt. The agency must prove you owe the amount they claim. They must remove unvalidated debts from your credit report.
2. Dispute the Debt
Contact the credit bureaus if validation contains errors. Request your reports from TransUnion, Experian, and Equifax. Highlight the errors and send a dispute letter. The bureaus will investigate and correct or remove the entry.
3. Request Goodwill Deletion
Ask Credit Control Corporation to delete paid debts from your report. The company must legally update the status to paid. Politely request removal as a goodwill gesture.
4. Propose a Pay-for-Delete Agreement
Offer to pay a significant portion in exchange for deletion. Debt collectors rarely agree to these arrangements. You may need to pay more than half the balance.
The Fair Credit Reporting Act protects you from unfair reporting. Report violations to your attorney general’s office or the FTC website.
What to Do If Credit Control Corporation Sues You
Credit Control Corporation may sue if you ignore collection attempts. You have options even after receiving a lawsuit. The company wants payment and will consider reasonable arrangements.
Our partner Solo helps you respond to debt lawsuits effectively.
File a Written Answer
Submit your Answer within 14 to 30 days of receiving the lawsuit. Your response prevents a default judgment against you. You gain time to negotiate a resolution.
Your Answer addresses each claim in the complaint. You admit, deny, or state insufficient knowledge for each allegation. Include any affirmative defenses that apply to your case.
Negotiate a Settlement for Less
You can settle for less than the original amount. Negotiation helps you avoid expensive court proceedings.
Follow these steps to negotiate effectively:
First, respond to the lawsuit with a proper Answer. Your response prevents default judgment.
Second, calculate what you can afford to pay. Include your living expenses, available funds, and total debt amount.
Third, contact Credit Control Corporation to start settlement discussions. Get any agreement in writing before making payments.
Many consumers settle for 40% to 60% of the original balance. Credit Control Corporation wants to recover something rather than nothing. Your written Answer gives you negotiating leverage.
How Much Should You Offer to Settle?
Start with an offer of 25% to 30% of the balance. Credit Control Corporation will likely counter with a higher amount. Negotiate until you reach an acceptable middle ground.
Make sure you can afford your settlement offer. Request a payment plan if you cannot pay a lump sum. Get all terms in writing before sending money.
What Happens After You Settle?
Credit Control Corporation must provide a settlement agreement in writing. The document should state the payment amount and terms. The agreement should confirm that payment satisfies the entire debt.
Keep all settlement documents for your records. Request a letter confirming the debt is paid in full. Check your credit report after 30 to 60 days.
The account should show as settled or paid. Dispute any errors with the credit bureaus. Your credit score will improve as the account ages.