Dealing with creditors and debt collectors can be overwhelming. It's hard to know what the best steps are to protect your rights and try to negotiate an agreeable resolution. When you're dealing with Account Control Technology, a third-party collections agency, having a strategy is even more important.
In this article, we'll provide insight on how you can successfully negotiate with Account Control Technology, as well as offer information about the company and your rights under federal law so you feel equipped to take control of your financial future— whatever that looks like for you.
Debt collectors, such as Account Control Technology - a California-based agency founded in 1993 - act as intermediaries between creditors and people owing a debt. The primary goal of debt collectors is to locate the debtor, verify the amount owed and collect payment for the creditor.
Depending on their business model, some debt collectors charge a small fee to the original creditor for handling collections or purchase outstanding debts from creditors for pennies on the dollar.
Debt collectors must adhere to federal regulations that govern reliability and prevent abusive behaviors when contacting debtors, such as calling too frequently or being overly aggressive. Their techniques vary but often involve attempts to negotiate an agreeable payment plan acceptable to both parties while reminding debtors of their legal obligation to pay.
Yes, Account Control Technology is a legitimate debt collector. If you need to get in touch with this company about a debt, they can be reached using the following information:
Account Control Technology has come under scrutiny over the past year, with criticism that their debt collection practices are overly aggressive and unethical.
Evidence against them includes dozens of individual complaints filed with prominent consumer protection organizations like the Better Business Bureau and Consumer Financial Protection Bureau - these range from allegations of rude and unprofessional behavior to claims that the company pursued illegitimate debts.
It's important to be aware of the company's poor reputation when negotiating with the company and to document any violations that may occur.
When you're contacted by Account Control Technology regarding an outstanding debt you don't recognize, it's important to take the time to assess the situation before taking any action.
While being pursued for a debt you don't recognize can often be explained away due to changes in address or not receiving an expected bill, there are cases where the debt might actually not belong to you at all or the amount demanded could be wrong.
It's wise to make sure of everything before accepting any payment plans or committing to anything related to the dispute. Here are some circumstances where the debt could be inaccurate or illegitimate:
If you believe a collection agency is attempting to collect debt not belonging to you, don't accept it passively. You have the right to stand your ground and request documentation from the collector that proves their claim as valid.
The FDCPA exists to protect consumers from being subjected to any type of illegal behavior. By familiarizing yourself with your rights under this law, you can take back control of the situation and ensure that the debt collector abides by federal laws.
These restrictions include the forbidding of repeated phone calls and harassment, as well as false or misleading information; these laws safeguard you from any unlawful activities that may be used in an attempt to collect payments. Knowing your rights expands your options for dealing with collection companies like Account Control Technology.
Here are some prohibited practices under federal law:
Navigating debt management can be a difficult and complicated process. To protect yourself from any potential unfair practices, it is essential to be informed of your consumer rights and to take advantage of the protections that you are qualified for. Having written records of any discussions with Account Control Technology is invaluable in the event of a dispute.
In extreme cases, cause for legal action should be considered, at which point a lawyer's expertise can help guide proper recourse over the issue. Taking steps to understand and secure your rights will not only guard against potential violations but also create peace of mind during the debt management process.
At Fair Credit, we recognize the immense strain that consumer rights infringements and collection agencies can have and are dedicated to combating unfair collection practices. Our team of highly qualified legal professionals specialize in resolving even the most complicated of cases swiftly and effectively, always with our clients' rights in mind.