Creditors Interchange
Creditors Interchange is a fully licensed, bonded and insured collection agency that operates on a national basis. Creditors Interchange was established in 1960 and primarily collected debt for local area physicians. Creditors Interchange now has twelve offices within the United States, Canada and British Columbia and collects debt for credit card issuers, banks, auto lenders, universities, and municipalities. Creditors Interchange is known to use debt collection techniques such as threatening letters, harassing phone calls, third-party contacts, court proceedings and reporting derogatory information to the credit bureaus to be placed on the consumers' credit report.
Since many collection agencies have been reported to use unscrupulous techniques in their attempt to collect consumer debt, numerous laws have been passed to ensure the consumers' protection and hold collection agencies to a much higher standard of operation. Although these laws have been put in place, such as the Fair Debt Collection Practices Act, a few collection agencies are still known to be operating illegally by using deceitful techniques in their attempt to collect consumer debt. Various other laws such as the Consumer Credit Protection Act have been passed to allow the consumer to dispute and potentially remove the negative marks placed on their credit file by collection agencies that use illegal techniques in their effort to collect debt such as the frivolous reporting of derogatory information to additionally protect American consumers.
I had many collections, charge offs, tax liens and judgments being reported on my personal credit file that were damaging my credit score and affecting my ability to obtain credit. Deciding it was time to do something about it, I attempted to perform credit repair myself by contacting collection agencies similar to Creditors Interchange in an attempt to negotiate some kind of arrangement with them in order to remove the negative information on my credit report. Dealing with collection agencies like Creditors Interchange was more time consuming and annoying than I could have pictured but even worse, none of the collection agencies were willing to work with me and continued to report the damaging information to the credit bureaus. It wasn't long before I understood that credit repair wasn't going to be as simple for me to do myself as I had originally thought.
I needed results and didn't have the patience or hundreds of hours it was going to take so I contacted Credit Restoration Bureau and they immediately began working to repair my credit. They were able to raise my credit score by deleting various types of derogatory items from my consumer credit file such as late payments, collections, charge offs and judgments (see the letter below). Working with Credit Restoration Bureau was a much more pleasant and worry free experience than I could have hoped for. Each time I received an update from Credit Restoration Bureau, I was delighted to see they were continuing to have a positive effect on my credit score. By the time Credit Restoration Bureau was finished, my scores had all gone up approximately 150 points and I was in the 700s. They had truly given me a fresh start.
Here is one of the update letters I received from the credit bureaus. This one is from Equifax and shows the deletion of an AFNI collection account. Similar to Creditors Interchange, AFNI is collection agency.
Credit Restoration Bureau was amazing and I would recommend them to anyone struggling with bad credit or being harassed by collection agencies like Creditors Interchange. Credit Restoration Bureau specializes in the removal of all types of derogatory credit itmes to include: late payments, collections, charge offs, bankruptcies, tax liens, civil liens, foreclosures, repossessions and more.
