Don't let errors on your Credit Report hurt your future opportunities. Learn More

Home / Debt Collection Brands / How to get Fair Capital (FC) off my credit report

How to get Fair Capital (FC) off my credit report

  • Fair Capital on your credit report can drop your score by over 100 points.
  • This negative impact can complicate future loans, hinder approvals, and limit financial opportunities.
  • Call The Credit Pros to analyze your 3-bureau credit report and develop a strategy to improve your credit.

Pull your 3-bureau report and don't let this debt collector cause problems for you.

Get Help From a Credit Expert

89 people started their credit fight today - join them!

BBB A+ rating credit repair company

Related content: erin capital management llc

Fair Capital appears on your credit report when they attempt to collect unpaid debt that they purchased from a creditor. This can hurt your credit score significantly, often dropping it by over 100 points. Ignoring this issue doesn't help; it can lead to lasting financial troubles and complicate future loans.

To tackle this, first validate the debt by checking your three-bureau credit report. If you spot inaccuracies, dispute them to potentially remove Fair Capital from your report. Even if the debt seems valid, exploring options like negotiating or a "pay for delete" agreement may be beneficial.

The best step you can take is to call The Credit Pros. We’ll help assess your credit report and create a tailored plan to address your situation. Don't hesitate; a simple, no-pressure conversation can set you on the right path.

On This Page:

    Why Is Fair Capital On My Credit Report?

    Fair Capital appears on your credit report as a reflection of a debt you likely incurred and stopped paying. This means they purchased your debt from a creditor, such as a previous service provider, and now seek to collect that balance from you.

    It's essential to understand that just because Fair Capital is on your report, it doesn't mean you are obligated to pay the debt immediately. First, verify whether the debt is indeed legitimate (as per guidelines in sections 8 and 17). They are required to report accurate information to credit bureaus. If they fail to do so, you can dispute it and potentially remove it from your report (as discussed in section 4).

    You should also recognize that having Fair Capital on your report may negatively impact your credit score (refer to section 9). Thus, addressing this debt through proper channels can benefit your financial health. Overall, Fair Capital's presence indicates a debt collection attempt linked to an outstanding balance, which you have the right to verify and dispute if necessary.

    Is Fair Capital Legit Or A Scam (E.G. Fake)?

    Fair Capital operates as a debt collection agency, and whether it's considered legitimate or a scam largely depends on your perspective of their practices. While they may follow legal protocols, many debt collection agencies, including Fair Capital, have been criticized for using aggressive tactics that can feel deceptive (debt collection can often seem like a game of smoke and mirrors).

    You might receive misleading communications that pressure you into paying debts, which can lead to a perception that they are not operating ethically. Be cautious and verify any debt they claim you owe, especially if you do not recognize it. Protecting yourself involves knowing your rights when dealing with debt collectors (this will be expounded in section 17 of our article).

    In essence, while Fair Capital itself is not a scam in the traditional sense (as it is a registered entity), you should remain vigilant about their collection tactics and always research any claims they make. Understanding their reputation can empower you while navigating your financial obligations.

    Which Company Does Fair Capital Collect Debt For?

    Fair Capital collects debt primarily on behalf of various creditors, though specific company names may vary. You might find them working with credit card issuers, healthcare providers, or utility companies, among others.

    If you’re unsure about the creditor associated with your debt, it’s important to pull your three-bureau credit report. This report will provide a complete overview of which accounts may be impacting your credit score.

    Understanding who Fair Capital is collecting for can help you take appropriate action, such as disputing inaccuracies or negotiating payments. Remember, regardless of the creditor, you still need to be proactive in addressing any debts that Fair Capital is managing for you.

    How Do I Stop Fair Capital From Calling Me?

    To stop Fair Capital from calling you, begin by blocking their number on your phone. Most smartphones offer a simple option to block calls, which can effectively silence future interruptions.

    Consider downloading a spam call-blocking app (like Truecaller or Hiya) available for both Android and Apple devices that can automatically identify and block unwanted calls.

    Another practical step is to register your number on the National Do Not Call Registry, which might help reduce telemarketing calls, including from debt collectors.

    For a long-term solution, we recommend reaching out to a reputable credit repair company like The Credit Pros. They can conduct a comprehensive 3-bureau credit report analysis and formulate an action plan to help you stop Fair Capital from contacting you for good.

    Take these proactive steps today to regain control over your phone and ease your distress. Blocking the number is immediate, but seeking professional assistance provides ongoing relief.

    Inaccuracies hurting your Credit Score?
    Securely review your full 3-bureau Credit Report (with a real expert).

    By clicking ‘Get Started’ I agree by electronic signature to: (1) be contacted by The Credit Pros by a live agent, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer even if my phone number is on a do-not-call registry (consent to be contacted is not a condition to purchase services); and (2) the Privacy Policy and Terms of Use.

    How Do I Dispute (And Remove) Fair Capital On My Report?

    To dispute and remove Fair Capital from your credit report, begin by pulling your three-bureau report. Identify Fair Capital on your report and check for any inaccuracies regarding this debt. If you find any errors, send a verification letter to Fair Capital, requesting proof that the debt is legitimately yours.

    Consider working with a reputable credit repair company, like The Credit Pros, to facilitate this process. They can help you draft effective dispute letters and utilize other strategies to remove inaccurate entries from your credit report.

    Taking these steps will help ensure an accurate representation of your credit history.

    Can'T I Just Ignore Fair Capital?

    You can’t simply ignore Fair Capital; doing so can lead to more issues. While you might block their calls, they can still reach you from different numbers, making it hard to stop their communications entirely. Ignoring them doesn’t address the root problem - your debt.

    The debt may remain on your credit report, negatively impacting your credit score (and hindering future loan chances) even if you ignore them. Ignoring Fair Capital means avoiding the responsibility of resolving your debt, which could escalate into more serious consequences like legal action or wage garnishment.

    Instead, consider your options:
    • Dispute the debt if you believe it’s invalid.
    • Communicate with Fair Capital to negotiate terms or seek a settlement.
    • Consult financial or legal experts for a detailed strategy.

    Ignoring Fair Capital isn’t a long-term solution; proactive management of your debt is crucial for a healthier financial future.

    Fair Capital Contact Info (Phone # And Address)?

    Fair Capital's contact information includes their phone number: 1-877-688-9789. Unfortunately, we could not find a specific identifiable address for them.

    Be cautious - debt collectors like Fair Capital often spam call you from various localized numbers to deceive you into answering.

    We strongly recommend against reaching out to them directly. Instead, as previously mentioned, obtain your three-bureau report to better understand your situation. The Credit Pros can provide a free expert analysis to assist you.

    Why Is Fair Capital Calling Me If They'Re Not On My Credit Report?

    Fair Capital may call you even if they're not listed on your credit report due to several reasons. First, the debt could have been recently sold to them but not yet updated in your credit report. They are legally required to provide you with validation information within five days of their first call (FDCPA compliance).

    Another possibility is that the debt you owe might not be reported to credit bureaus at all. This scenario does not violate laws unless Fair Capital misrepresents the debt, which is strictly prohibited. If you've experienced clerical errors (such as incorrect reporting), you can dispute it under the Fair Credit Reporting Act (FCRA).

    Moreover, if the debt relates to identity theft or mistaken identity, you might not owe anything. In such cases, Fair Capital must halt collection until they verify the debt upon your dispute. Lastly, if the debt is old, they can attempt collection, but they cannot threaten legal action on debts beyond the statute of limitations.

    To sum up, Fair Capital's calls can stem from recent transfers, unreported debts, clerical mistakes, identity issues, or the pursuit of old debts.

    Inaccuracies hurting your Credit Score?
    Securely review your full 3-bureau Credit Report (with a real expert).

    By clicking ‘Get Started’ I agree by electronic signature to: (1) be contacted by The Credit Pros by a live agent, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer even if my phone number is on a do-not-call registry (consent to be contacted is not a condition to purchase services); and (2) the Privacy Policy and Terms of Use.

    How Do I Verify If I Actually Owe This Debt From Fair Capital Or Not?

    To verify if you owe a debt from Fair Capital, request a debt validation letter. This letter, mandated by the Fair Debt Collection Practices Act (FDCPA), should detail the debt's origin, amount, and the creditor's information. You can do this by sending a written request (within 30 days of their initial contact) asking Fair Capital to prove the debt exists.

    After you send your request, Fair Capital must provide written documentation confirming the debt. This process is crucial as it safeguards your rights and helps clarify whether the debt is valid or if it’s a mistake.

    If you suspect the debt isn’t yours or lacks accuracy, consider seeking assistance from a credit repair company like The Credit Pros. They can guide you through the validation process and help protect your credit status.

    Furthermore, keep a record of your communications with Fair Capital. Documenting your interactions can be beneficial if discrepancies arise. Overall, verifying your debt is a smart move to ensure you’re not responsible for erroneous claims.

    Remember, knowledge is power - stay informed, and don’t hesitate to seek professional help if needed.

    Does Fair Capital Hurt My Credit Score If It'S On My Report?

    Yes, Fair Capital will negatively impact your credit score if it's on your report. When a collection account, like one from Fair Capital, appears on your credit report, it generally signals that you've defaulted on a debt. This can lower your score significantly (often by 100 points or more), affecting your ability to secure future loans or credit.

    You should know that collection accounts can remain on your report for up to seven years, even if you pay the debt. Each time your score decreases, it becomes harder to achieve approval for favorable credit terms, such as lower interest rates.

    Therefore, addressing the debt quickly can mitigate the long-term impact on your credit score. If you're facing this situation, consider exploring our upcoming sections on disputing Fair Capital on your report or negotiating repayment options. Taking action sooner rather than later is vital to protect your credit standing.

    If I Pay My Debt With Fair Capital Will They Remove It From My Report?

    If you pay your debt with Fair Capital, it’s unlikely that they will automatically remove it from your credit report. Paying a debt doesn't guarantee removal, as policies vary widely. Often, you'll need to negotiate a 'pay for delete' agreement beforehand. However, even if you reach this agreement, Fair Capital may still choose not to comply.

    It's important to know that dealing with such situations can be complicated. Instead of navigating this alone, consider working with a reputable credit repair company, like The Credit Pros. They can help identify potentially inaccurate negative items and manage disputes effectively, potentially leading to an improved credit score.

    In short, paying the debt doesn't assure removal from your report; seeking professional help might be a better route.

    Should I Negotiate With Fair Capital And Just Pay It Off?

    Negotiating with Fair Capital isn't advisable. Settling a debt, especially if it's over $100, can leave a negative mark on your credit report even after payment. The impact on your credit can linger, affecting your financial future significantly.

    Instead of negotiating, consider checking your credit report through all three bureaus (Equifax, Experian, and TransUnion). We can help you pull your report and evaluate it thoroughly. This way, you can determine the best steps to improve your credit score without the pitfalls linked to negotiating debts.

    Remember, addressing debt effectively often requires a comprehensive strategy. It’s better to tackle underlying issues than to settle for a short-term fix. In sum, focus on understanding your entire credit picture rather than negotiating with Fair Capital.

    Inaccuracies hurting your Credit Score?
    Securely review your full 3-bureau Credit Report (with a real expert).

    By clicking ‘Get Started’ I agree by electronic signature to: (1) be contacted by The Credit Pros by a live agent, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer even if my phone number is on a do-not-call registry (consent to be contacted is not a condition to purchase services); and (2) the Privacy Policy and Terms of Use.

    Does Fair Capital On My Report Hurt My Chance To Get A Future Loan?

    Yes, Fair Capital on your credit report can hurt your chances of getting a future loan. Lenders usually view negative items like collections as red flags, impacting their assessment of your creditworthiness. When they see Fair Capital listed, it indicates a prior debt issue, which may lead them to consider you a higher risk.

    To mitigate this, focus on improving your credit score:

    • Pay your bills on time.
    • Reduce existing debts.
    • Monitor your credit report for inaccuracies.

    Addressing debts with Fair Capital may help. Paying off your debts could lead to a better score, thus increasing your loan eligibility. In short, while Fair Capital's presence on your report can hurt your chances, proactive management of your finances can improve them over time.

    Should I Consider A 'Pay For Delete' Option With Fair Capital?

    Consider a 'pay for delete' option with Fair Capital if the debt amount is small, typically under $100. This strategy can help remove the negative mark from your credit report in exchange for payment. However, always verify this is a viable option, as Fair Capital may not consistently agree to such terms.

    Before proceeding, pull your three-bureau credit report. Look for other negative items that might be inaccurate or outdated. If you find such inaccuracies, you can dispute them and improve your credit score without needing to negotiate.

    In short, a 'pay for delete' option can be helpful, especially with small debts, but ensure you understand the implications and verify accuracy on your credit report first. Taking proactive steps helps you manage your credit effectively.

    Can I Send A 'Goodwill' Letter To Fair Capital And Ask Them To Remove This Debt?

    Yes, you can send a 'goodwill' letter to Fair Capital requesting the removal of your debt, but understand that success is rare. Most debt collectors, including Fair Capital, operate under strict guidelines and are often unswayed by such requests. Your letter should explain your situation clearly and express your desire for goodwill consideration.

    In your letter, briefly state why you are asking for this favor, whether it's due to financial hardship or a past payment mistake. Highlight any positive payment history you might have with them (if applicable). Even if your request is met with indifference, it’s worth trying as it may aid your overall negotiations.

    Remember that while 'goodwill' letters can be a step in the right direction, they don't guarantee debt removal. Consider exploring other options (like negotiating a payment plan or disputing the debt) discussed in sections like "how do I dispute (and remove) fair capital on my report?" and "should I negotiate with fair capital and just pay it off?" to better navigate your situation.

    Overall, be prepared for varied responses and focus on maintaining proactive communication.

    Fair Capital Reviews And Complaints From Real Customers

    Fair Capital has garnered mixed reviews from customers. Many appreciate their responsiveness and willingness to negotiate. However, some express frustration, citing aggressive collection tactics and unprofessional conduct.

    For instance, one customer rated Fair Capital 2 out of 5 stars, noting that while they resolved the debt efficiently, the representative was quite rude during the process. Another reviewer mentioned being charged unexpected fees, leading to a 3-star rating due to lack of transparency.

    Overall, while some users find Fair Capital manageable, others highlight issues with communication and ethical practices. It's crucial to weigh these experiences when considering your own interactions with them. Understanding these insights will guide you in navigating any debt collection processes effectively.

    Inaccuracies hurting your Credit Score?
    Securely review your full 3-bureau Credit Report (with a real expert).

    By clicking ‘Get Started’ I agree by electronic signature to: (1) be contacted by The Credit Pros by a live agent, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer even if my phone number is on a do-not-call registry (consent to be contacted is not a condition to purchase services); and (2) the Privacy Policy and Terms of Use.

    What Are My Rights When Dealing With Debt Collectors Like Fair Capital?

    When dealing with debt collectors like Fair Capital, you have specific rights under the Fair Debt Collection Practices Act (FDCPA). These rights empower you to manage interactions effectively and protect yourself from potential abuse.

    First, you have the right to receive written notice within five days of initial contact, detailing the debt amount and your right to dispute it. If you dispute the debt in writing within 30 days, Fair Capital must verify the debt before continuing their collection efforts. Additionally, you can limit communication, preventing them from contacting you outside specific hours or at work, especially if your employer disapproves.

    Moreover, you're entitled to privacy; debt collectors can only discuss your debt with your spouse, attorney, or co-signer. They cannot engage in harassment or use misleading statements. If you believe your rights are violated, you can sue the collector within one year of the incident.

    Understanding these rights is crucial when navigating collections. If issues arise, report violations to the Federal Trade Commission (FTC) or seek legal assistance.

    Can Fair Capital Contact My Family Or Employer About My Debt?

    Fair Capital can contact your family or employer, but only under specific conditions. According to the Fair Debt Collection Practices Act (FDCPA), they may reach out to these contacts solely to locate you (e.g., verifying your address or phone number). They cannot disclose your debt or financial situation to anyone other than your spouse, attorney, or co-signer.

    It's crucial to understand your rights in these situations. If your employer tells them not to contact you, they must respect that request (as stated in the FDCPA). You have the right to limit communication and request that Fair Capital ceases contact altogether.

    Also, if you feel harassed or if Fair Capital violates any of these regulations, you can report them or even pursue legal action (within one year of the violation). Knowing these rights empowers you to manage your situation effectively and protect your privacy. In essence, while Fair Capital can reach out for verification, they cannot divulge your debt to unauthorized parties.

    Privacy and Cookies
    We use cookies on our website. Your interactions and personal data may be collected on our websites by us and our partners in accordance with our Privacy Policy and Terms & Conditions