“Has Regional Adjustment Bureau Ruined Your Credit?”

Learn From My True Story How You Can Repair Bad Credit and Watch Your Credit Score Climb into the 700s!

I have to admit, I’m not great with money. If I have money, I spend it. I’ve opened a store credit card just about everywhere I’ve ever shopped. They offer such great opening bonuses that it’s hard to resist!

My relaxed attitude towards credit cards got my in trouble a little while ago. I had opened a store charge card in order to get zero interest for six months on Christmas gifts for my family. Sure, I had to spend $500 to qualify for the deal, but it seemed worth it. I figured that after the holidays, I’d have plenty of time to pick up some part time work and pay off the card before any interest accrued.

Well, one thing led to another, and I didn’t end up getting more work. In fact, I actually lost the job I already had. I got swamped with other bills and completely forgot about that store credit card.

One day my wife and I decided that in order to climb back out of the financial pit I’d dug for us, we needed to get a newer car for her to use. She needed more reliable transportation so she could try to get a new job herself. We went to the car dealership and were chatting happily with the salesman about our plans. Then he pulled my credit report and suddenly things got serious.

My credit score barely topped 500. I didn’t really know what that meant, but I sure recognized the big “F” that was stamped on it. Of course we couldn’t get any decent financing for a new car with an “F” rating. My wife and I slunk out of the dealership and went home felling really depressed.

I felt like a terrible provider and hated letting my family down. I called the store that the credit card had come from, but they told me that since my debt had been sold to Regional Adjustment Bureau, they couldn’t help me. Any negotiations for repayment would have to go through Regional Adjustment Bureau.

At this time in my life, I had a lot of financial problems. It had become common practice for us to just throw away all the “past due” letters we received in the mail, and we routinely unplugged the phone so that our kids wouldn’t be disturbed by the never-ending series of phone calls. I vaguely recalled having hung up on someone from Regional Adjustment Bureau a few times, and I finally made the connection between the store credit card, the debt collector, and my bad credit score.

I had no idea what to do about my situation, so I confided in a friend of mine. I knew that my friend had been through financial hell too, and he seemed unlikely to judge me too harshly for my own stupid decisions.

My friend was sympathetic to my problems, but also quite firm that it was time to pull my head out of the sand and actually confront the problem. He really educated me about credit scores and debt collection that night! Here are a few of the things he shared with me:

Debt collection companies like Regional Adjustment Bureau buy defaulted debts for pennies on the dollar. Then they expect you to repay the full amount of the original debt, plus fees and interest! Collections can be a really money maker, if they can just get the debtor to pay up! Debt collectors work on commission, so they are extremely motivated and aggressive. They’ll try just about anything to try to get you to pay so that they can receive their commission!

Debt collectors will try to pressure you into paying them by calling you incessantly at home, calling your employer, making threats of legal action against you, and ruining your credit.

Talking to your debt collector on the phone isn’t worth your time or energy. You’ll never get them to feel an ounce of sympathy for you. Getting on the phone with them only gives them another opportunity to try to pressure you into accepting an unfair payment plan that will saddle you with interest payments for years to come.

Don’t bother writing to the collection agency either. Unless you’re a lawyer, you won’t be able to use the proper lingo and Regional Adjustment Bureau won’t take you seriously. Again, it’s a waste of time.

I guess my friend really wanted to scare me straight and convince me to get help, because he told me some scary things that can happen if you don’t deal with your bad debt.

- If the collection agent places a collection item on your credit report, your credit score will drop at least 100 points!

-If your debt collector decides to take legal action against you, they can potentially get a credit judgment placed on your credit report. This is way worse than a collection item, and can lower your credit score 250 points for 10 to 12 years!

-If they win a court case against you, legal actions your debt collector may be able to take include placing liens on your home and property, seizing your assets, and garnishing your wages.

At this point I was tempted to tell my friend he really wasn’t helping! So far all he had done was tell me more negative things about my situation. I was looking for something positive.

My friend eventually got to his main point: Get professional help. He recommended Lexington Law credit repair service. He told me that Lexington Law had helped him erase his collection items and completely repair his credit. Their service came with a free initial consultation and a no-risk refund policy.

I followed my friend’s advice and called Lexington Law the very next day. The kind, professional representative who answered my call put me at ease immediately. She answered all of my questions completely, and advised me that I had a good chance of finding success through Lexington Law. After all in 2010 they had helped remove over one million negative items from their clients’ credit reports.

It seemed too good to be true, so I asked how this could be possible. The Lexington Law rep explained that there are several proven strategies for disputing debts and repairing credit, including:

-Debt validation. This is process that you use to force the debt collector (in my case Regional Adjustment Bureau) to prove that you owe the debt. You don’t have to prove you’re innocent, they have to prove you owe!

-Statute of Limitations. Debts can expire if too many years pass without any payments being made. Never pay on a debt until you are sure that the statute of limitations has not yet expired.

-Fair Credit Reporting Act. Lexington Law could investigate the information Regional Adjustment Bureau had reported about me to TransUnion, Experian, and Equifax and make sure it was valid. If the information was inaccurate, we could get it removed.

-Fair Debt Collection Practices Act. We’re a long way from the olden days when you could get thrown into debtor’s prison over a few bucks. Today, consumers have rights, which are protected by this act. If Regional Adjustment Bureau violated any part of this act, we could use that to build a case against them.

After I hired Lexington Law, I finally felt like I was gaining some positive momentum in my life. Within a very short time, my trust in Lexington Law was rewarded. They successfully removed the collection item from Regional Adjustment Bureau, as well as several other old debts. My credit score rose 106 points in just two months!

Thanks to Lexington Law, I was no longer a slave to bad credit. My wife and I went back to the car dealership and proudly drove home a quality used car, which would enable her to have safe, reliable transportation to her new job. I felt like I was finally taking care of my family the way a good provider should.

If you’re suffering from bad credit due to collection items from Regional Adjustment Bureau or any other debt collection agency, get help now! Don’t try to avoid the problem or handle it on your own. Let the professionals at Lexington Law add you to their list of happy, satisfied customers!