Your life can become a living nightmare if you fail to pay your creditors on time. Creditors often go to debt collection companies like GC services to get back their money. GC Services also provides all sorts of services relating to debt collection to its clients. It caters to credit card companies, money-center banks, local, state, and federal government organizations, telecommunication companies, and many more organizations. Some of the services offered by GC Services who claim to be the largest private debt collection agency in North America include debt collection, diligence processes and reporting, fraud monitoring, and skiptracing.
The company is based in Houston, Texas. Once your account is handed over to GC Services, you can not stop it from coming on your credit report as well. Needless to say, having a collection account on your credit report can further damage your credit score and destroy the possibility of getting any good deals in future. To protect the rights of consumers, the Fair Debt Collection Practices Act Collection (FDCPA) has issued certain guidelines for collection agencies.
For instance, it does not allow any debt collection company to call a consumer before 8 am or after 9 pm Similarly, the law forbids GC Services from talking to a third party including your neighbors, relatives or friends about your debt. So, if you feel that GC Services has violated any of the rules outlined under the Act, you have the right to seek legal help.
You can contact your local state attorney general's office to file a complaint against GC and also lodge a complaint with the FTC. There are ways to tackle such agencies though you must remember that once you deal with a particular company that does not mean that it's the end of the matter. After all, there are a myriad of debt collection agencies and if GC Services fails to recover the money, your creditor will certainly try his luck with a new company. The best way to deal with such situations is to know your rights, exercise them diligently, and take help from a good credit repair company.
The best way to remove these negatives from your credit report, you can do it yourself. Pull your credit report, categorize your negatives, and send off the proven credit repair letters to start the disputing process.