![]() The Fair Debt Collection Practices Act (FDCPA) requires debt collection agencies to prove you owe money if you ask for validation within the first 30 days. Use a professional credit repair company.Fortunately, it is possible for you to remove a debt collection agency from your credit report, regardless of whether you owe the money. ![]() For many years, it will be very difficult for you to get loan approvals at a decent interest rate if you don’t take action to remove ARS from your credit history as soon as possible. A collections agency account can wreak havoc on your credit score. If ARS claims you owe money, the repercussions could be worse than them contacting you constantly. How to remove ARS from your credit report ![]() It may call, text or email you or even send you letters. The hospital gives ARS your contact information, and ARS is not afraid to use it. This motivates the agency to make you pay. For example, ARS may pay $800 for a hospital debt of $10,000.Įven if you pay half your $10,000 bill, ARS will clear thousands of dollars from the transaction. It will probably only pay a fraction of the face value. If you owe your local hospital money and don’t pay, the hospital's billing department can sell your debt to ARS. How does ARS work?ĪRS makes money by buying old debts from hospitals. ARS is a subsidiary of Healthcare Revenue Recovery Group, LLC, and the ARS headquarters are in Sunrise, Florida. ARS shows up on your credit report as Account Resolution Services or ARS, but ARS could also list the business name of the original creditor.ĪRS is smaller and less well-known than other collection agencies, but it is just as persistent, so take the debt seriously. ARS pays lower than face value for the debts and then collects on the accounts to make money. Hawaii Alaska Florida South Carolina Georgia Alabama North Carolina Tennessee RI Rhode Island CT Connecticut MA Massachusetts Maine NH New Hampshire VT Vermont New York NJ New Jersey DE Delaware MD Maryland West Virginia Ohio Michigan Arizona Nevada Utah Colorado New Mexico South Dakota Iowa Indiana Illinois Minnesota Wisconsin Missouri Louisiana Virginia DC Washington DC Idaho California North Dakota Washington Oregon Montana Wyoming Nebraska Kansas Oklahoma Pennsylvania Kentucky Mississippi Arkansas Texas View Plans Why does ARS appear on my credit report?ĪRS is a third-party debt collection agency that buys old debt from creditors, primarily hospitals and medical clinics.
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