How to Resolve a Debt with MARS Inc. Collections
MARS Inc. Collections is a debt collector based in Tulsa, Oklahoma that works with various creditors. Before paying any debt, always request validation within 30 days to confirm the obligation and protect yourself from errors. You can then choose to repay in full, set up payments, or settle the debt for less than you owe.
Respond to MARSYou know MARS Inc. for candy like Snickers and Skittles. But MARS Inc. Collections is a different company entirely.
If you received a letter or call from this debt collector, don’t panic. You have options to resolve the debt and protect your rights.
Stop MARS Inc. Collections in Their Tracks
Don't let MARS bully you into paying a debt you may not owe. Respond to their collection attempts and settle your debt on your terms before they take you to court.
Answer MARS NowWhat is MARS Inc. Collections?
MARS Inc. Collections is also known as M.A.R.S., Inc. The acronym stands for Metropolitan Accounts Receivable Specialists.
The company operates as a collection agency in Tulsa, Oklahoma. They focus on accounts receivable and collections services within Oklahoma.
MARS works with various creditors including:
- Retailers
- Landlords
- Government agencies
- Medical providers
The company has been in business since 1976. That makes it nearly 50 years old.
MARS Inc. Collections Contact Information
- Phone: 918-748-8444
- Mailing address: 10830 E 45th St., Tulsa, Oklahoma 74146
- Email: mars@marscollect.com
The Better Business Bureau gives MARS Inc. an A+ rating. However, the company doesn’t have BBB accreditation.
Several complaints appear on their BBB profile. Most relate to landlord and tenant disputes.
Consumers complain that representatives are rude and won’t work with them properly.
Make MARS Inc. Collections Validate Your Debt
The Fair Debt Collection Practices Act (FDCPA) protects consumers from unfair collection practices. You have a powerful tool under this law.
You get a 30-day grace period to request debt validation. Most people skip this step and trust the collector.
That’s a mistake.
Debt validation ensures the agency actually owns or controls your debt. You can compare your records with theirs to avoid overpaying.
Validation also helps you determine if the debt is past the statute of limitations. If it is, collectors can’t sue you.
What to Request in Your Debt Validation Letter
Send MARS Inc. Collections a letter requesting this information:
- The original creditor’s name and amount due
- A breakdown of any additional fees
- MARS Inc. Collections’ debt collection license number in your state
- The age of your debt and statute of limitations status
- A copy of the contract between you and the original creditor
- The last transaction made on your account
You can also request that MARS stop contacting you by phone or letter. They can only contact you to validate the debt or notify you of a lawsuit.
Want help with debt collectors? Our partner Solo makes it easy to request validation and respond to lawsuits.
What to Do If MARS Inc. Collections Validates Your Debt
Sending a validation letter doesn’t guarantee a response. If MARS doesn’t reply, they likely don’t have the information.
They shouldn’t contact you again. Still, monitor your credit report for any adverse information.
If MARS does validate your debt, you have three main options:
- Repay the debt entirely
- Set up payment arrangements
- Settle the debt for less
Repay the Debt in Full
Paying the full amount gets MARS off your back immediately. After payment, they’ll send you a receipt.
They’ll also report the account as paid to credit bureaus. All phone calls and letters will stop.
Set Up Payment Arrangements
If you owe hundreds or thousands of dollars, immediate repayment may not work. A payment plan can help.
You agree to pay MARS monthly until the debt is satisfied. You may still receive calls if you miss payments.
Settle Your Debt with MARS Inc. Collections
In a settlement, you offer to pay a portion of what you owe. If MARS agrees, they accept your payment and forgive the rest.
Most experts recommend offering at least 60% of the debt’s value. But you can offer less based on your financial situation.
Explain your circumstances if you can’t afford the typical settlement amount. MARS may work with you.
Our partner Solo offers tech-based debt settlement tools. The software helps you send and receive offers until you reach an agreement.
Once you agree on terms, Solo helps manage settlement documentation. They transfer your payment securely to keep your financial information private.
Settlement Example
George has a bill from his old landlord, AMC Apartments, for $500. AMC claims George didn’t pay his last month’s rent.
After months of no communication, AMC sends the bill to MARS Inc. Collections. The agency sends George a letter.
George requests debt validation. After MARS validates the debt, George offers to settle for $350.
MARS accepts the settlement. They report his account as paid after receiving George’s check.
Always Validate Before Paying MARS Inc. Collections
Never pay MARS Inc. Collections without validating the debt first. Account mix-ups happen more often than you think.
You could end up paying something you don’t actually owe. If MARS responds to your validation letter, you can decide your next step.
Determine whether it’s best to repay in full or settle the obligation. Choose the option that fits your financial situation.
Dealing with MARS Inc. Collections doesn’t have to be overwhelming. You have rights under federal law.
Use debt validation to protect yourself. Then choose the repayment option that works for you.