What Is Pendrick?

by | Last updated on January 24, 2024

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Pendrick is a market leader in medical debt purchasing with a long and respectable reputation for treating both clients and consumers fairly and courteously.

Is Pendrick Capital Partners legitimate?

Pendrick Capital Partners Holding, LLC, Inc is a real, legitimate company . Originally founded in 2019 in Deleware, currently headquartered in Alexandria, VA, they are a medium sized collection agency in the US. Their mailing address is 2331 Mill Rd Ste 510, Alexandria, VA 22314-4687.

Who is Pendrick Capital Partners ii LLC?

Pendrick Capital Partners is one of the largest HEALTHCARE debt buyers in the USA providing additional revenue streams to all our clients. Our management team is comprised of industry veterans with over 80 years of combined knowledge.

Can a debt collection agency sue me?

If debt collectors have trouble reaching you and settling the debt, they may legally be able to sue you . Depending on the laws of your state, if you ignore a summons — even if you believe the debt is too old — the debt collector may get a judgment to go after your assets or garnish your wages.

How long does it take for a collections to get off your credit?

A collection account will be automatically removed from your credit report seven years after the original account went delinquent. The original delinquency date is when your account first became 30 days past due, kicking off the series of missed payments that ended with your account going to collections.

Is Affiliate Asset Solutions legitimate?

Is Affiliate Asset Solutions, llc a legit Debt Collection Agency? Yes, they are a legitimate agency . Started in 2015, they are a relatively new company that has been operating for approximately 4 years now.

What is Phoenix Financial Services LLC?

Originally founded in 2014, Phoenix Financial Services is a small debt collection agency out of Indianapolis, Indiana. ... They specialize in collecting from things like medical bills, student loan debts, and government obligations.

Is James Pendrick a real person?

James Ranisford Pendrick, 1866 – 1943

James was born circa 1839, in Cumberland, England.

Why you should never pay a collection agency?

On the other hand, paying an outstanding loan to a debt collection agency can hurt your credit score. ... Any action on your credit report can negatively impact your credit score – even paying back loans. If you have an outstanding loan that's a year or two old, it's better for your credit report to avoid paying it.

What should you not say to debt collectors?

  • Don't Give a Collector Your Personal Financial Information. ...
  • Don't Make a “Good Faith” Payment. ...
  • Don't Make Promises or Admit the Debt is Valid. ...
  • Don't Lose Your Temper.

What happens after 7 years of not paying debt?

Unpaid credit card debt will drop off an individual's credit report after 7 years, meaning late payments associated with the unpaid debt will no longer affect the person's credit score. ... After that, a creditor can still sue, but the case will be thrown out if you indicate that the debt is time-barred.

Is it true that after 7 years your credit is clear?

Most negative information generally stays on credit reports for 7 years. Bankruptcy stays on your Equifax credit report for 7 to 10 years, depending on the bankruptcy type. Closed accounts paid as agreed stay on your Equifax credit report for up to 10 years.

What is a 609 letter?

A 609 Dispute Letter is often billed as a credit repair secret or legal loophole that forces the credit reporting agencies to remove certain negative information from your credit reports. And if you're willing, you can spend big bucks on templates for these magical dispute letters.

How do you ask for goodwill deletion?

If your misstep happened because of unfortunate circumstances like a personal emergency or a technical error, try writing a goodwill letter to ask the creditor to consider removing it. The creditor or collection agency may ask the credit bureaus to remove the negative mark.

Who is affiliate asset?

Affiliate Asset Solutions, LLC is a debt collection agency located in Peachtree Corners, Georgia . It opened in 2015, has 24 employees, and is managed by President and CEO David A. Strout. According to the company website, it was created by collection professionals with more than 100 years of industry experience.

What is affiliate debt?

Affiliate Debt means any Indebtedness , whether now existing or hereafter incurred, owed by any Credit Party or any of its Subsidiaries to any other Credit Party or any of its Affiliates (including, without limitation, any Intercompany Existing Indebtedness).

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.