What Is PMAB Srvc On My Credit Report?
PMAB Srvc 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 PMAB Srvc A Debt Collection Agency?
Yes, PMAB Srvc 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").
PMAB Srvc 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 PMAB Srvc Collect For?
PMAB Srvc 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 PMAB Srvc Hurt My Credit Score?
Yes, it is highly likely having PMAB Srvc on your credit report is damaging your score significantly.
How does PMAB Srvc impact my credit report score?
PMAB Srvc can have a considerable effect on your credit report score as the collection account will be visible for seven years. This negative information could harm your credit score, and thus, decrease the likelihood of loan or credit card approval.
Fortunately, there are measures you can take to reduce the impact. One option is to consult with a credit repair expert who can assist in eliminating the account from your credit report. By doing so, you may enhance your credit score and improve your possibilities of getting approved for credit.
What are the steps for disputing a PMAB Srvc charge on your credit report?
If you come across a PMAB Srvc charge on your credit report that appears to be incorrect, fraudulent, or mistaken, you have the right to challenge the charge. The process involves a few steps.
Firstly, obtain a copy of your credit report from one of the three major credit bureaus: Experian, Equifax, or TransUnion. Scrutinize your report and identify any errors or inaccuracies.
Next, send a dispute letter to the credit bureau(s) that reported the error. Your letter should include an in-depth explanation of the error and any relevant supporting documents that can prove your case.
After receiving your dispute letter, the credit bureau will investigate within 30 days and respond with their findings. If they discover that the PMAB Srvc charge was wrongly reported, it will be removed from your credit report. However, if they determine that the charge is legitimate, it will remain on your record for seven years.
How Do I Remove PMAB Srvc From My Credit Report?
To be eligible to remove PMAB Srvc 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 PMAB Srvc?
Paying off PMAB Srvc 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 PMAB Srvc?
Settling your debt with PMAB Srvc 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 PMAB Srvc Legit, Fake Or A Scam?
PMAB Srvc 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 PMAB Srvc Keep Calling Me?
PMAB Srvc 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 PMAB Srvc To Stop Calling Me?
As we’ve mentioned above, PMAB Srvc 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.
PMAB Srvc Reviews And Complaints
PMAB Srvc has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will PMAB Srvc Try Suing Or Garnishing My Wages?
PMAB Srvc 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 PMAB Srvc Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, PMAB Srvc does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With PMAB Srvc?
You have the right to dispute any of your debt that PMAB Srvc has purchased. PMAB Srvc 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 PMAB Srvc Phone Number?
You likely want to call Credit Sage before deciding whether or not to call PMAB Srvc. The reason? You may not want to pay PMAB Srvc debt, especially if it's inaccurate. Paying it off could hurt your score.
Get PMAB Srvc 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.