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Guide to Removing Professional Claims Bureau From Your Credit Report

Last updated 07/09/2024 by

Silas Bamigbola

Edited by

Fact checked by

Summary:
Dealing with debt collectors like Professional Claims Bureau can be stressful and frustrating. If you have ever been late or defaulted on a bill, you may find Professional Claims Bureau appearing on your credit report as the assigned agency to recover the debt. This comprehensive guide will help you navigate the process of removing it from your credit report. It covers the impact of this debt collection agency on your credit score, methods for disputing and removing the account, your legal rights, negotiation strategies, and steps to protect your financial health.

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What is Professional Claims Bureau?

Professional Claims Bureau is a debt collection agency that may appear on your credit report. They either purchase debt from original creditors, such as credit card or loan companies, or they are hired to collect on behalf of another company. When they purchase the debt, they usually pay pennies on the dollar, sometimes as little as 1/10th of the original amount owed.
Professional Claims Bureau may communicate with you via mail or phone calls, demanding payment. Having a collections account on your credit report can significantly hurt your credit score and reduce your chances of being approved for loans or other important financial events.

Is Professional Claims Bureau a legitimate company?

Yes, Professional Claims Bureau is a legitimate company. They are not a fake company or a scam, but they may use aggressive tactics such as frequent calls and letters to collect the debt. It’s important to know your rights when dealing with them to avoid harassment and ensure fair treatment.

How does Professional Claims Bureau affect your credit score?

Any derogatory mark on your credit report, including a collections account from Professional Claims Bureau, can severely impact your credit score. This can make it difficult to get approved for new credit, such as loans or credit cards. Collections accounts remain on your credit report for up to seven years from the date of the first delinquency, continuing to affect your score during that time.

How to remove Professional Claims Bureau from your credit report

Verify the debt

Before taking any action, verify that the debt belongs to you and that the amount is accurate. Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request a debt validation letter from Professional Claims Bureau. This letter should include details about the debt, such as the original creditor, the amount owed, and any relevant account information.

Dispute inaccurate information

If you find any inaccuracies in the debt validation letter or your credit report, you can dispute the information with the credit bureaus. The Fair Credit Reporting Act (FCRA) gives you the right to challenge any incorrect or unverifiable information on your credit report. Submit a dispute to the credit bureaus (Experian, Equifax, and TransUnion) with supporting documentation to prove the errors.

Negotiate a pay-for-delete agreement

A pay-for-delete agreement involves negotiating with Professional Claims Bureau to remove the collections account from your credit report in exchange for payment. While not all debt collectors agree to this, it is worth attempting. Ensure you get the agreement in writing before making any payments.

Seek professional help

If you are struggling to manage the dispute process or negotiate with Professional Claims Bureau, consider seeking help from a credit repair company. These professionals can analyze your credit report, identify errors, and negotiate with creditors on your behalf.

Pro tip

Dispute any inaccuracies in writing and send your dispute to the credit bureaus via certified mail to ensure it is tracked and received.

What are my rights when dealing with Professional Claims Bureau?

You have the right to dispute any debt of yours that Professional Claims Bureau is trying to collect. Professional Claims Bureau is governed by the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). These acts provide you with a great deal of power if you know how to use it.
  • Protection from harassment: Debt collectors are prohibited from engaging in harassing behavior, such as repeatedly calling you, using obscene language, or making threats of violence.
  • Verification of debts: If you dispute a debt, the debt collector must provide verification of the debt, including the amount owed and the name of the original creditor. You have the right to request this information in writing within 30 days of receiving the initial communication from the debt collector.
  • Cease and desist: You can request that the debt collector stop contacting you about the debt. Once you make this request in writing, they are legally required to cease communication, except to inform you of specific actions they may take, such as filing a lawsuit.
  • Accuracy in reporting: Debt collectors must accurately report information about the debt to credit reporting agencies. If you believe there is inaccurate information on your credit report, you have the right to dispute it.
  • Legal recourse: If a debt collector violates the FDCPA, you have the right to take legal action against them. You can file a complaint with the Consumer Financial Protection Bureau (CFPB) or pursue a lawsuit in state or federal court.
For more information, visit the Federal Trade Commission.

Pro tip

You can request that a debt collector stop contacting you under the FDCPA. This request does not mean you are free from owing the debt or that the company can’t take legal action against you, but it does alleviate the stress of constant calls.

Request all correspondence in writing

Ensure a documented record of communications with Professional Claims Bureau by requesting written correspondence. Contact Professional Claims Bureau at the following address:
Professional Claims Bureau contact information
439 Oak Street, Garden City, NY 11530
+1 877-247-4650
Fax: +1 516-681-1265

How to file a complaint against Professional Claims Bureau

If you believe Professional Claims Bureau has violated your rights under the FDCPA or FCRA, you can file a complaint. Here’s how:
  1. Consumer Financial Protection Bureau (CFPB): File a complaint online here or by calling 1-855-411-2372.
  2. State’s Attorney General: You can also file a complaint with your state’s Attorney General’s office. Contact information for your state’s Attorney General can typically be found on their official website.
  3. Federal Trade Commission (FTC): File a complaint online here.

Understanding the impact of collections on your credit

Having a collections account on your credit report can significantly harm your credit score. This is because it indicates past-due debts, reflecting a history of financial difficulty or non-payment. Collections can remain on your credit report for up to seven years, continuously impacting your score during that period.

Negotiating with Professional Claims Bureau

When negotiating with Professional Claims Bureau, it’s important to understand your options. You can attempt to negotiate a pay-for-delete agreement, where the bureau agrees to remove the collection account from your credit report in exchange for payment. Always get this agreement in writing before making any payments.

Seeking professional help for credit repair

If dealing with Professional Claims Bureau on your own feels overwhelming, consider seeking help from a credit repair company. These professionals can analyze your credit report, identify errors, and negotiate with creditors on your behalf, potentially improving your credit score more effectively.

Conclusion

Dealing with Professional Claims Bureau can be challenging, but understanding your rights and the steps you can take to remove negative marks from your credit report is crucial. By verifying the debt, disputing inaccuracies, and considering options like pay-for-delete agreements, you can work towards improving your credit score. If you need help, don’t hesitate to reach out to credit repair professionals who can guide you through the process and help you achieve a positive resolution.

Frequently asked questions

How long does a collection account stay on my credit report?

A collection account can remain on your credit report for up to seven years from the date of the first delinquency. This means it can continue to affect your credit score for the entire duration unless you take steps to remove it.

Can paying off a collection account improve my credit score?

Paying off a collection account may improve your credit score slightly, but the negative mark will still remain on your report for up to seven years. Negotiating a pay-for-delete agreement can be more beneficial if you can get the debt collector to agree to remove the account entirely.

What should I do if Professional Claims Bureau violates my rights?

If you believe that Professional Claims Bureau has violated your rights under the FDCPA or FCRA, you can file a complaint with the Consumer Financial Protection Bureau (CFPB) or seek legal advice to explore your options for recourse. It’s important to document all interactions and gather any evidence of the violations.

Can I remove a collection account by disputing it?

Yes, if the information on the collection account is inaccurate, unverifiable, or fraudulent, you can dispute it with the credit bureaus to have it removed from your credit report. Providing supporting documentation increases the chances of a successful dispute.

How can I prevent future collection accounts on my credit report?

To prevent future collection accounts, manage your debts responsibly, make timely payments, and monitor your credit report regularly for any inaccuracies or signs of identity theft. Establishing good credit habits can help you maintain a healthy credit profile.

Is Professional Claims Bureau a legitimate company?

Yes, Professional Claims Bureau is a legitimate debt collection agency. They are not a scam or fake company, but they may engage in aggressive collection tactics such as frequent phone calls or letters. It is important to know your rights when dealing with debt collectors to protect yourself from harassment and ensure fair treatment.

Key takeaways

  • Professional Claims Bureau is a legitimate debt collection agency that can significantly impact your credit score.
  • You have the right to request debt validation and dispute any inaccuracies in your credit report.
  • Negotiating a pay-for-delete agreement can potentially remove the negative mark from your credit report.
  • Seek professional help if you need assistance managing disputes or negotiating with debt collectors.
  • Understanding your rights under the FDCPA and FCRA can help you protect yourself from unfair collection practices.

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