How to get Paragon Revenue Group (PRG) off my credit report
- Paragon Revenue Group on your credit report can hurt your credit score.
- A poor credit score can limit your ability to get loans, housing, or even jobs.
- Call The Credit Pros to review your 3-bureau credit report and create a plan to fix your credit.
Pull your 3-bureau report and don't let this debt collector cause problems for you.
•89 people started their credit fight today - join them!
Related content: halsted financial services
Paragon Revenue Group appears on your credit report because they have acquired a debt you owe, typically from a previous creditor. This can negatively impact your credit score, making it essential to act quickly. Understanding your financial situation is key, and it's important to verify the legitimacy and accuracy of the debt before making any decisions.
Ignoring Paragon Revenue Group won't make the problem disappear. They might keep contacting you, and their presence on your report can hinder your chances of getting credit in the future. Addressing the issue directly can help mitigate potential damage to your credit health, and knowing your rights is crucial when dealing with their collection practices.
The best step you can take is to call The Credit Pros. We’ll provide a no-pressure conversation to evaluate your 3-bureau credit report, guiding you based on your unique situation. Let us help you understand your options and take control of your credit health.
On This Page:
Why Is Paragon Revenue Group On My Credit Report?
Paragon Revenue Group appears on your credit report because they likely purchased a debt you owe from a previous creditor (like a bank or service provider) after you stopped making payments. As a debt collector, their role is to recover this outstanding amount. This can negatively impact your credit score since collections are typically viewed unfavorably by creditors.
You may not be obligated to pay this debt immediately, especially if you question its legitimacy or accuracy. Since Paragon Revenue Group may have reported your debt information to credit bureaus, it's crucial to verify that all details are correct. If they did not accurately report your information, you have grounds to dispute this entry and seek its removal from your report.
Additionally, before engaging with Paragon, ensure you gather details about the debt, confirming if it's valid. You have the right to dispute inaccuracies, and it’s wise to understand your consumer rights regarding debt collection. This ensures you can address any issues appropriately without hastily responding.
To recap, Paragon Revenue Group is on your credit report due to a debt they are attempting to collect from a prior creditor.
Is Paragon Revenue Group Legit Or A Scam (E.G. Fake)?
Paragon Revenue Group is a legitimate debt collection agency, not a scam. They purchase debt from creditors who are unable to collect it, and they attempt to recover this debt through communication with the consumer (you). While their business practices can sometimes be aggressive, this does not mean they are fraudulent.
Here are some points to consider about Paragon Revenue Group:
• They have been in operation since 1986, which indicates a level of stability.
• There are no current reports of legal issues or violations associated with them.
• However, be cautious, as debt collectors can use persuasive and sometimes misleading tactics to prompt payment.
It's wise to understand your rights when dealing with them, as debt collection methods can sometimes cross the line into harassment. If you believe you're being treated unfairly, you should consider seeking assistance from consumer protection services.
Overall, while Paragon Revenue Group is legit, their approach may feel invasive. Remember that knowing how to navigate these waters can make a significant difference in how you manage your debt situation.
Which Company Does Paragon Revenue Group Collect Debt For?
Paragon Revenue Group collects debt on behalf of various creditors, primarily focusing on healthcare collections. They acquire overdue accounts from companies that have ceased attempts to collect these debts themselves.
Specific clients may include hospitals, medical providers, and possibly other service-oriented businesses; however, detailed creditor information is often not explicitly disclosed.
Regardless of the creditors, if Paragon Revenue Group appears on your credit report, it is vital to review your 3-bureau credit report for a full picture of any potential negative impacts on your credit score.
How Do I Stop Paragon Revenue Group From Calling Me?
To stop Paragon Revenue Group from calling you, you have several options.
First, consider blocking their number using a spam call blocker app available for both Android and Apple devices. This can prevent their calls from reaching you.
Another effective method is to register your number with the National Do Not Call Registry, which can reduce the number of unsolicited calls you receive. If calls persist, you can ask your phone provider for call blocking services or features.
While these methods can minimize interruptions, the most reliable solution is to consult a reputable credit repair company. They can help analyze your credit report and assist you in dealing with Paragon Revenue Group, ensuring that you won’t have to endure their calls continuously.
Overall, ignoring their attempts while utilizing these strategies can provide a long-term resolution.
How Do I Dispute (And Remove) Paragon Revenue Group On My Report That I Believe Is Inaccurate?
To dispute and remove Paragon Revenue Group from your credit report, start by pulling your credit reports from the three major bureaus-Experian, Equifax, and TransUnion. Look closely for any inaccuracies related to this debt collection account. If you identify errors, such as incorrect amounts or dates, draft a formal dispute letter.
In this letter, clearly outline the inaccuracies and include any supporting evidence you possess, like proof of payment or documentation of the original debt. Send this letter directly to the credit bureaus reporting the inaccuracies.
Additionally, you can send a verification request to Paragon Revenue Group, asking them to verify that this debt belongs to you and is legitimate.
Working with a reputable credit repair company can also enhance your chances of successfully disputing this negative mark. They can help create tailored dispute letters and employ other effective strategies to help remove the inaccurate entry from your report.
Remember, addressing these inaccuracies is crucial since even a small error can negatively impact your credit score.
Can'T I Just Ignore Paragon Revenue Group (Pros And Cons)?
Ignoring Paragon Revenue Group is not a foolproof strategy. You can block their calls, but it's unlikely to stop them. They'll likely persist by calling from different numbers, making it difficult for you to avoid them altogether. Even if you ignore them, the underlying debt may still exist and could lead to negative consequences later on.
Ignoring the situation doesn't erase the debt from your credit report. This can negatively impact your credit score and limit your access to future loans or credit. It can feel like ignoring the problem will make it go away, but that's often not the case. You need to actively address the debt to avoid further complications down the line.
In essence, while you're not legally obligated to respond, ignoring Paragon Revenue Group's calls won't resolve anything either. It’s crucial to find a proactive solution, perhaps through disputing inaccuracies or negotiating the debt, to ensure you're not caught off guard later. Ignoring Paragon Revenue Group might feel easier, but engagement is generally the better path.
Paragon Revenue Group Contact Info (Phone # And Address)
To contact Paragon Revenue Group, you can reach them at their phone number: (800) 868-1899. Their office is located at: 216 Le Phillip Ct NE, Concord, NC 28025.
Keep in mind, debt collectors like Paragon often utilize multiple local phone numbers, making it easy for them to spam you with calls. It's advisable to exercise caution and consider not reaching out to them directly.
Instead, focus on obtaining your three-credit bureau report for a clearer picture of your financial situation. We can also assist you with a free analysis of your report!
Why Is Paragon Revenue Group Calling Me If They'Re Not On My Credit Report?
Paragon Revenue Group may be calling you even if they don’t appear on your credit report for several reasons. First, they might have acquired your debt recently, meaning it hasn't been updated in the credit reporting system yet. This doesn’t violate any laws, as per the Fair Debt Collection Practices Act (FDCPA), which allows them to contact you within days of the acquisition.
Second, some debts may not be reported to credit bureaus. If that’s the case, Paragon Revenue Group could still be pursuing you for outstanding balances, but legally must provide you with validation of the debt upon request.
In situations involving inaccuracies, if you think this is a case of mistaken identity or if the debt arose from fraud, you should notify them. Until they can confirm and validate the debt, they’re required to cease collection efforts as stipulated by the FDCPA.
Keep in mind, even if they are not listed on your report currently, their calls should be taken seriously. Document all communications with them, as you have rights under both federal and potentially state debt collection laws. Overall, it's important to validate any claims they present while continuing to monitor your credit report for updates. Remember, knowing your rights empowers you in these situations.
How Do I Verify (E.G. Proof Of Debt) If I Actually Owe This Debt From Paragon Revenue Group Or Not?
To verify if you owe a debt to Paragon Revenue Group, you need to gather specific information and follow a structured approach. Start by obtaining a copy of your credit report from major bureaus like Equifax, Experian, or TransUnion, which will detail any debts in collections, including those by Paragon Revenue Group. You should look for the original creditor listed on the report, as they can provide historical context for the debt.
Once you identify the debt, reach out directly to Paragon Revenue Group. You have a right to request a debt validation letter, which they must provide on your request. This letter should include essential details like the original creditor's name, the amount owed, and supporting documentation that proves the debt is legitimate. If you find discrepancies or a lack of proper documentation, you may dispute the claim or seek assistance from a credit repair company, such as The Credit Pros, which can guide you through this process effectively.
Additionally, keep in mind that if the debt has been passed through several collectors, it's essential to verify each entity involved to understand your financial obligations thoroughly. Remember, protecting your financial future starts with knowing your rights and verifying your debts accurately.
Does Paragon Revenue Group Hurt My Credit Score If It'S On My Report?
Yes, if Paragon Revenue Group appears on your credit report, it will hurt your credit score. This is because their presence signifies that you have an outstanding debt that has been sent to collections.
Such entries negatively impact your payment history, which is a crucial element of your credit score. Even after you pay off the debt, the collection record can stay on your report for up to seven years, continuing to affect your credit standing.
To sum it up, Paragon Revenue Group being on your report indicates financial difficulties, thus lowering your credit score. Addressing this debt is crucial for improving your credit health.
Will Paying This Debt From Paragon Revenue Group Remove It From My Credit Report?
Paying your debt to Paragon Revenue Group will not remove it from your credit report. While it may change the status from 'unpaid' to 'paid', the collection account will remain for up to seven years (from the date of first delinquency) and can still negatively impact your credit score. This can be confusing, as you might think settling the debt would reflect positively; however, the reality is that many variables affect the eventual outcome on your credit.
You might consider alternatives to outright payment. Instead of paying Paragon directly, you could engage with a reputable credit repair company to explore the possibilities of disputing the debt's validity or identifying any inaccuracies that could lead to its removal-especially since studies indicate that 79% of credit reports contain errors.
It’s essential to understand that paying off the debt may not be the best choice. It’s often better to assess whether you can negotiate a 'pay for delete' arrangement, where you agree to pay a portion of the debt in exchange for its deletion from your report. However, these agreements are not always honored, and pursuing them can open up a can of worms. Thus, seeking professional guidance from a credit repair organization can be an effective strategy to navigate this complicated process and potentially improve your credit in the long run.
Should I Negotiate With Paragon Revenue Group And 'Settle' To Pay This Debt?
Negotiating with Paragon Revenue Group and settling your debt may not be the best option for you. While it might seem appealing to negotiate and possibly pay a reduced amount, keep in mind that even after settling, the negative mark will remain on your credit report for up to seven years. Therefore, your credit score will still reflect this unpaid debt as a “paid” collection, which can harm your ability to secure loans or credit in the future.
Before you consider settling, you should ideally review your credit report. You might find inaccuracies related to this debt that could be disputed, potentially removing it altogether. In many cases, it’s advisable to consult with a credit specialist who can help identify strategies that may allow for the removal of the debt without settling, especially if the debt is less than $100.
It's important to understand that negotiating with a debt collector like Paragon Revenue Group can be a double-edged sword. If you choose to settle, there’s no guarantee that the collection will disappear from your credit report. Instead, the focus should be on informing yourself about your rights under consumer laws and exploring all available options. By taking these proactive steps, you can avoid damaging your credit further while working towards a better financial future.
Does Paragon Revenue Group On My Report Hurt My Ability To Get Credit/Loans In The Future?
Yes, having Paragon Revenue Group on your credit report can indeed hurt your ability to get credit or loans in the future. When you see their name, it typically indicates that you have an unpaid debt that has been sent to collections. This reflects negatively on your financial history and can lead to lower credit scores, especially since payment history is a critical factor in scoring models.
Collection accounts can linger on your credit report for up to seven years, continuously impacting your creditworthiness during that time. This means lenders may view you as a higher risk, affecting your chances of obtaining loans or favorable interest rates.
If you're in this situation, addressing the debt proactively is crucial. You can either dispute inaccuracies or consider settlement options. However, remember that simply paying off the debt won't remove it from your report; it will just change the status to ‘paid’. Thus, any lingering negative impact on your score will still be felt.
To sum it up, having Paragon Revenue Group listed can indeed hinder future credit opportunities.
Should I Consider A 'Pay For Delete' Option With Paragon Revenue Group?
Your consideration of a 'pay for delete' option with Paragon Revenue Group involves understanding its implications carefully. Paying them to remove the collection account from your credit report may seem beneficial, but there's a catch. Once you pay a debt in collections, it typically changes the account status to 'paid', yet the collection still lingers on your report for up to seven years. This means your credit score may not improve as much as you'd hope, and it could still hurt your chances of obtaining credit or loans in the future.
Moreover, the practice isn't widely endorsed. While it isn't illegal under the Fair Credit Reporting Act, credit bureaus discourage it, and most newer scoring models don't consider paid collections anymore. That said, if your debt is relatively small (like under $100), exploring a pay for delete agreement might be worth it, but always ensure you pull your full credit reports first to check for other inaccuracies that could be removed.
Lastly, if you decide to proceed, request written confirmation from Paragon Revenue Group before sending any payment. This ensures they will remove the collection account, safeguarding your interests. Overall, weigh the pros and cons carefully before making a decision on the pay for delete option.
Can I Send A 'Goodwill' Letter To Paragon Revenue Group And Ask Them To Remove This Debt?
Yes, you can send a goodwill letter to Paragon Revenue Group to request the removal of a debt, but it's not guaranteed to work. A goodwill letter serves as a formal request to a creditor to overlook a past mistake, like a late payment, and is typically most effective when the issue was a one-time occurrence due to circumstances beyond your control, such as a temporary financial hardship.
In your letter, be sure to include specific details about your account and the situation that caused the debt. Clearly express your desire for them to consider adjusting your account as a gesture of goodwill.
However, keep in mind that debt collectors, like Paragon Revenue Group, generally aren't known for their charitable policies, so success may be rare. You might also consider providing proof of your efforts to keep payments timely in the past, as this can strengthen your case.
Overall, while requesting a goodwill adjustment is worth a shot, be prepared for the possibility of a denial.
Paragon Revenue Group Reviews And Complaints From Real Customers
Paragon Revenue Group has received numerous reviews and complaints from real customers, indicating a mixed reputation. As reported by the Better Business Bureau (BBB), there have been over 90 complaints filed against them. Additionally, they hold a rating of 3.6 out of 5, with approximately 28% of customers willing to recommend them.
Customers frequently express dissatisfaction with their experiences, often highlighting issues such as harassment and unprofessional conduct. Some specific complaints include:
- Harassment: Many consumers report aggressive collection tactics, which may violate the Fair Debt Collection Practices Act (FDCPA).
- Lack of Communication: Instances where customers felt disconnected or dismissed when trying to resolve their debts.
- Inaccuracy of Claims: Issues where consumers asserted they were pursued for debts they did not owe, leading to confusion and stress.
If you’re considering engaging with Paragon Revenue Group, it's essential to know your rights. You can dispute any inaccuracies regarding your debt or report any unlawful actions they may take against you.
Remember, it’s crucial to stay informed about your rights and take action against unfair practices. Overall, while Paragon Revenue Group does have some positive feedback, the prevalence of complaints cannot be overlooked.
What Are My Rights When Dealing With Debt Collectors Like Paragon Revenue Group?
When dealing with debt collectors like Paragon Revenue Group, you have several rights under the Fair Debt Collection Practices Act (FDCPA). First, you have the right to receive clear information about your debt, including the total amount owed, the original creditor's name, and your right to dispute the debt. You must receive this information within five days of their initial contact. If you dispute the debt in writing, they must verify it before attempting further collection efforts.
You also have the right to limit when and how often they contact you. For example, they cannot call you before 8 a.m. or after 9 p.m. In addition, if you request in writing to cease all communications, they can only contact you to confirm no further contact or inform you of specific actions regarding the debt.
Harassment is not tolerated; debt collectors cannot use threats or obscene language, nor can they employ misleading or false statements. Furthermore, they are restricted in who they can discuss your debt with-typically just your spouse, attorney, or co-signer.
In the event of violations, you have the right to sue the collector for damages within one year of the violation. Your rights under the FDCPA empower you to stand firm against unfair practices.
Remember, if you feel overwhelmed, seek legal advice or file a complaint with the FTC or your state attorney general. Knowing your rights helps you navigate interactions with debt collectors like Paragon Revenue Group more effectively.
Can Paragon Revenue Group Contact My Family Or Employer About My Debt?
Paragon Revenue Group cannot contact your family or employer about your debt unless they are trying to locate you. Under the Fair Debt Collection Practices Act (FDCPA), debt collectors like Paragon Revenue Group are limited in what they can disclose to third parties. They are allowed to contact individuals to confirm your address, phone number, or workplace but must not reveal any details about your debt.
If you request that a collector stop contacting you or your family, they must comply. If they continue to contact family members or coworkers about your debt, this could be a violation of the FDCPA, and you may have grounds to take legal action. Additionally, to protect your rights, you can explicitly notify Paragon Revenue Group in writing to limit their communications.
Remember, knowing your rights is essential. If you're facing harassment or violations, consider consulting a consumer protection attorney who can guide you on the best course of action. Understanding these regulations helps maintain your privacy and ensures fair treatment in debt collection processes.
Below is a list of related content worth checking out:
- account services
- sequium asset solutions
- glass mountain capital
- law offices mba
- carson smithfield
- halsted financial services
- cavalry spv i llc
- enhanced recovery company
- rsi enterprises
- credit corp solutions
- national recovery agency
- paragon revenue group
- hollis cobb associates
- first source advantage
- monarch recovery