If you have a debt in collections, you will know it. You will probably be getting calls and letters from your creditor or even a debt collector, such as Bay Area Credit Service.
If they have been calling you, it’s because a creditor has hired them to recover the debt from you.
Once they are on your trail, it’s almost impossible to get rid of them. Don’t lose hope, though.
There are steps you can take to minimize the damage on your credit score and reduce their harassment. You just need to know how to play the game.
Keep reading for an in-depth look at how to deal with Bay Area Credit Service.
About Bay Area Credit Service
Bay Area Credit Service is a medium-sized debt collection agency that is headquartered in Norcross, GA.
Founded in 2007, they recover assets in a variety of industries, such as:
If you have begun getting calls from them, you likely have consumer debt that they are trying to recover on behalf of a creditor.
If you are overwhelmed by dealing with negative entries on your credit report,
we suggest you ask a professional credit repair company for help.
Does Bay Area Credit Service Have Any Complaints?
Bay Area Credit Service has a contentious relationship with their customer, and they have complaints to prove it.
Since its founding, it has had almost 50 complaints filed with the Consumer Financial Protection Bureau (CFPB) and nearly 100 complaints with the Better Business Bureau (BBB).
Among other things, these complaints allege abuses of the Fair Debt Collection Practices Act (FDCPA).
The FDCPA is a federal act that prevents harassment, deception, abuse, and intimidation from debt collectors in pursuit of a debt.
Before dealing with the debt collector, learn more about your rights as a consumer under the FDCPA.
If they commit an FDCPA infraction while trying to collect from you, you can file a complaint as well.
You can also work with legal representation and earn up to $1,000 per infraction.
How to Deal with Bay Area Credit Service
Here are three steps to help you deal with Bay Area Credit Service, improve your credit score, and help you get the collection off of your credit report:
Write a Goodwill Deletion Letter
2020 has not been kind to people’s finances. Many families have found themselves making an impossible decision between paying a loan and putting food on the table.
If this debt is due to issues stemming from the economy or a health crisis, you should write Bay Area Credit Service a goodwill deletion letter.
You may not believe it, but behind each letter and call from a debt collector is a person just like you or me.
They have hearts and may be inclined to delete the entry from your credit report if you explain to them why you were late in the first place.
It’s worth noting that while the representatives have compassions, they also need to make money. They will not consider a deletion if you have not paid your balance.
To request a goodwill deletion, write them a letter that explains the circumstances behind your debt. If you were laid off or unable to work due to the pandemic, you should mention this.
A word to the wise: be kind in your letter! Bay Area Credit Service does not have to remove their account no matter how good your excuse is.
They would be doing you a favor, so you need to make them want to delete your account through your kindness.
Demand that Bay Area Credit Service Validate Your Debt
Goodwill deletions aren’t possible for everyone. If you would prefer to go a different route, you can always try to remove the collection account by asking for debt validation.
Debt validation is an important step in the debt collection process. It allows you to ascertain whether Bay Area Credit Service is reporting erroneous information about your debt or not.
They are required to provide validation on your debt if you make your request within the first thirty days of hearing from them. If you wait beyond that, they are not obligated to respond.
To request that they validate your debt, you must send them a Section 609 letter. This is a letter that asks them to provide all the information that they have on your debt.
If their information is outdated or inaccurate, they must delete the account from your credit report and stop collection efforts.
You can also submit a formal complaint with the credit reporting agencies to have them investigate.
Debt validation is a great way for you to get your collection account deleted on a technicality.
If Bay Area Credit Service screws up any of your information, you can get out of paying the debt entirely.
Settle for Less than the Full Amount
If Bay Area Credit Service is able to provide validation on your debt, then you are legally required to repay.
However, you can still negotiate with them and settle for less than the full amount.
Debt collectors often purchase debts from companies for pennies on the dollar. This means that they do not need to collect the full amount in order to make their money back.
You can use this to your advantage to get them to lower the price.
This would also be the time to negotiate for a pay-for-delete agreement. If you would prefer to have them remove the account, you can negotiate with them to get your way.
Start by offering to pay them anywhere from 30% to 50% of your total debt. Work with them until you can come to an amount that you both agree on.
Before you make an initial payment, you need to get the agreement in writing.
Without this, you will have no proof that they agreed to a lower amount or to remove their account from your credit report.
Ask them to send a letterhead with the full terms of the agreement laid out. Don’t pay them a penny until you have this letter in hand.
If you opted for account deletion, you can expect to see the entry disappear from your account in about a month.
Ask For Help
If negotiating with Bay Area Credit Service feels like an uphill battle, it may be time to bring in a professional.
Specifically, you’ll want to hire a credit repair company.
Credit repair companies are credit professionals that can negotiate with debt collectors and remove damaging accounts from your credit report.
They know what makes them tick, so they know exactly what to say to get you what you want.
Some credit repair companies are better than others. It’s important to choose the right one to get your money’s worth.
Personally, I recommend working with Lexington Law.
They have decades of experience and can use this experience to clean up your credit report and boost your score.