Your life can become a living nightmare if you don’t pay your creditors on time. Creditors often turn to debt collection companies like GC Services to get their money back. GC Services also provides all kinds of debt collection related services to its clients. It serves credit card companies, money banks, local, state, and federal government organizations, telecommunications companies, and many more organizations. Claiming to be the largest private debt collection agency in North America, some of the services offered by GC Services include debt collection, due diligence and reporting, fraud monitoring and error tracking.
The company is headquartered in Houston, Texas. Once your account is transferred to GC Services, you cannot prevent it from appearing on your credit report as well. It goes without saying that having a collection account on your credit report can further damage your credit score and destroy your chances of getting good deals in the future. To protect the rights of consumers, the Fair Debt Collection Practices Act (FDCPA) has established certain guidelines for collection agencies.
For example, it does not allow any debt collection company to call a consumer before 8 a.m. or after 9 p.m. Similarly, the law prohibits GC Services from talking to a third party, including your neighbors, family or friends, about your debt. Therefore, if you believe that GC Services has violated any of the rules outlined in the Act, you have the right to seek legal help.
You can contact your local state attorney general’s office to file a complaint against GC and also file a complaint with the FTC. There are ways to approach such agencies, although you must remember that once you deal with a particular company, it is not the end of the matter. After all, there are a plethora of debt collection agencies out there and if GC Services fails to recover the money, your creditor will likely try their luck with a new company. The best way to deal with such situations is to know your rights, exercise them diligently, and seek help from a good credit repair company.
The best way to remove these negatives from your credit report is to do it yourself. Get your credit report, file your negatives, and submit the proven credit repair letters to start the dispute process.