Creditors Collection Agency is a debt collection agency that is located in Roanoke, VA. This company has been in the debt collection business since 1974. It deals with debts relating to utilities, government, dental, business, medical, commercial and retail.
Creditors Collection Agency follows a no collection no pay rule while dealing with creditors. So that means that they make sure that each of the charge off is definitely recovered from the debtors, because their entire business depends upon extracting debts from the debtors.
Their website mentions about Skip Tracing, which is a method used by this company to gather information about debtors who can no longer be contacted by their creditors due to change in address and contact details.
Skip Tracing ensures that this company will hound the debtor down, no matter where they are and will reveal all of their contact details.
This information will be then used to demand payments and there is actually no way to get rid of them.
Dealing with underhand techniques employed by debt collection agencies is not easy. If your creditor has hired this Creditors Collection Agency to get back the debts owed by you, then expect trouble, and huge amounts of it. Verbal abuses, threats and insults are all part of the package; stay prepared to face all of these and more.
You will get numerous phone calls in a day, demanding speedy payment for a huge amount that is well in addition to the debt actually owed by you. Extra amounts that the debt collection agency charges you are the cream of the deal for them. Expect all of your pleas and requests to reduce the payable amount and get your deadline extended, to fall on deaf ears.
Your credit reports can get affected by negative collection accounts logged in by these debt collection agencies. Add charge offs and civil judgments if any, to the negative collection accounts and what you get is a poor credit score that is somewhere in the range of 588 or so. These poor credit levels ensure that you will never get any other credit unless you get your credit reports improved.
Seek professional assistance from credit repair agencies to get your credit reports back in shape and fit enough to make you eligible for future credit needs.