What is ERC?
Enhanced Recovery Company, LLC (or ERC) is a debt collection agency. They're probably on your credit report as a 'collections' account. This usually happens when you forget to pay a bill. If a collection is on your credit report, it's damaging your credit score (unless removed).
You may not have to pay your debts.
Paying your debts may not help your credit, either. In fact, paying may lower your credit score.
(Debt collectors hate us for sharing this information.)
We might be able to fix your credit and you might not have to pay a single dime. Call us now to learn more: (855) 938-3044
Is Enhanced Recovery Company (ERC) A Real Company, Or A Scam?
Enhanced Recovery Company, LLC (ERC) is a real, legit company. Originally founded in November 1999 in Florida and headquartered in Jacksonville, they are one of the top 10 largest debt buyers (collection agencies) in the US. With over 800 employees, they generated over $100 million in revenue in 2019.
8014 Bayberry Road
Jacksonville, FL 32256
Enhanced Recovery Company is one of the largest collectors of phone bill debt, buying debt from major providers such as AT&T and Sprint. They may show on your credit report as "enhanced recovery", "erc collections", "enhanced recovery corp", "enhanced recovery compan", "enhanced recovery company", "erc collection agency", "erc company", "enhanced recovery co l", "enhanced recovery co", "enhance recovery services", or "enhanced recovery group".
Should I Negotiate A Settlement Or Pay Enhanced Recovery Company (ERC)?
Unfortunately, settling (in full or not) may not help your credit. Once a collection account is added to your credit report, your score will be damaged for seven years regardless of payment. Fortunately, you have options. Credit Glory has successfully disputed collections from ERC and companies like them for thousands of clients nation-wide.
And we can help you too.
Will Enhanced Recovery Company (ERC) Bring A Lawsuit Against Me, Sue Me, Or Garnish My Wages?
No, not always. But if they do it’s not a good thing and can be a very scary experience. If you work with a professional like Credit Glory to challenge their debt, ensuring accuracy, timeliness, and validity of their reporting, you may never have to deal with them ever again. Call to learn how we can help you avoid lawsuits and being sued altogether, while fixing your credit.
Consumer Complaints Against Enhanced Recovery Company (ERC)
They currently sit with a little over 7,000 complaints filed with the Consumer Financial Protection Bureau (or CFPB) and over 1,100 with the Better Business Bureau. Many complaints are about inaccurate reporting and/or lack of response to debt verification requests.
One complaint reads, “I am contacting the CFPB to help resolve and identity theft account that was open in my name in another state. In which, I have never lived in the state my entire life. I have an account hat was open in the state of Colorado.” This is true of many ERC accounts. They buy debt that was opened fraudulently and will not give it up. This customer goes on to say, “After contacting the collection company Enhanced Recovery Company LLC by phone and mail the collection company provided me with the contract. I hired a consumer investigation company to investigate the fraud and have it removed from my credit report.” Unfortunately, many customers get caught having to pay expensive fees to attorneys and other professionals to get debts like this handled.
All of this means working with a professional like Credit Glory to challenge your negative accounts has a good chance to get them deleted, improving your score and allowing you to qualify for the home, car, and credit cards you need.
Can You Remove Enhanced Recovery Company (ERC) Collection Accounts?
We specialize in disputing ERC accounts and have removed them and companies like them for thousands of clients nation-wide. We can help you too.
Remove Enhanced Recovery Company (ERC) From Your Report, Today!
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (855 938 3044) or setup a consultation with them. They also happen to have incredible customer service.
Credit Glory is a credit repair company that helps everyday Americans remove inaccurate, incomplete, unverifiable, unauthorized, or fraudulent negative items from their credit report. Their primary goal is empowering consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.
Enhanced Recovery Company (ERC) Phone Number