What Is Independent Recovery Resources On My Credit Report?
Independent Recovery Resources is a debt collection agency. If you are seeing them on your credit report, it likely means they have purchased your debt from a creditor and are (or will be) attempting to collect it from you.
Is Independent Recovery Resources A Debt Collection Agency?
Yes, Independent Recovery Resources is a debt collection agency. They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off").
Independent Recovery Resources may attempt to reach out via mail or phone calls (demanding payment). The worst part is a collections account will now be seen on your credit report. This hurts your score, as well as reducing your chances of getting approved for a loan or other important financial event.
But it’s not all bad news! We may be able to help you with this account. Call us today to find out more.
Who Does Independent Recovery Resources Collect For?
Independent Recovery Resources purchases debt from a range of different creditors. The information isn’t always publicly available and is constantly changing, so it’s difficult to provide an accurate and up-to-date list.
Does Independent Recovery Resources Hurt My Credit Score?
Yes, it is highly likely having Independent Recovery Resources on your credit report is damaging your score significantly.
How Do I Remove Independent Recovery Resources From My Credit Report?
To be eligible to remove Independent Recovery Resources from your credit report, you typically need to meet the following requirements:
- Any information on the account is incorrect
- Any information on the account is error’d
- Any information on the account is fraudulent
- And is not (or cannot be) fixed in an appropriate amount of time
According to a study by the U.S. PIRGs, 79% of credit reports contain mistakes or serious errors. Going after these types of accounts for our clients is our specialty.
Should I Pay For Delete With Independent Recovery Resources?
Paying off Independent Recovery Resources to have credit bureaus delete it from your report sounds like a good idea. There's one major problem. Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collection remains on your report for 7 years (from the date of first delinquency). This means your credit is still damaged.
Should I Negotiate A Settlement With Independent Recovery Resources?
Settling your debt with Independent Recovery Resources could go both ways. It may help your score, but it may also hurt your score. Many variables impact the end result. There is a better path to a good result. Work with a company that is able to review these accounts for you (like Credit Sage), and if any issues with the account exist you may have it removed all together (and never have to hear from them again).
Is Independent Recovery Resources Legit, Fake Or A Scam?
Independent Recovery Resources is a legitimate company. They aren’t fake or trying to scam you. But it is likely they are spam calling you trying to collect a debt. One of the best ways to deal with this is to dispute and remove unvalidated debts.
Why Do Independent Recovery Resources Keep Calling Me?
Independent Recovery Resources continues to call and attempt to collect a debt. The best thing you can do is ignore their calls and speak with a company that can help you get it removed (like Credit Sage).
How To Get Independent Recovery Resources To Stop Calling Me?
As we’ve mentioned above, Independent Recovery Resources will be calling you to attempt to collect a debt. The best thing you can do to stop this is speak with a company that can help you get them removed from your credit report, like Credit Sage. Once they are off your credit report, you won’t have to hear from them again.
Independent Recovery Resources Reviews And Complaints
Independent Recovery Resources has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Independent Recovery Resources Try Suing Or Garnishing My Wages?
Independent Recovery Resources suing would be a very unlikely situation. In rare cases it may happen, but it certainly isn’t the norm. State and federal laws place limits or 'exemptions' that apply to bank and wage garnishments.
We strongly recommend calling us, we’ll help determine the likelihood of a lawsuit, but also provide you next steps in getting this collection removed.
Does Independent Recovery Resources Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Independent Recovery Resources does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Independent Recovery Resources?
You have the right to dispute any of your debt that Independent Recovery Resources has purchased. Independent Recovery Resources is governed by the Fair Debt Collection Practices Act (or FDCPA) and the Fair Credit Reporting Act (or FCRA). While these acts seem very complicated, they provide a great deal of power to the consumer if you know how to use it properly.
What Is Independent Recovery Resources Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Independent Recovery Resources. The reason? You may not want to pay Independent Recovery Resources debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Independent Recovery Resources Removed From Your Report, Today!
In most cases, we recommend speaking with a Credit Repair professional to analyze your credit report before you attempt to settle any debt. The main reason? Settling your debt may actually hurt your score.