GreenFlag Profit Recovery by TransWorld Systems
Transworld Systems, Inc.
2235 Mercury Way Ste 275
Santa Rosa, CA 95407-5413
Phone: 707) 236-3928, (707) 236-3809, (707) 236-3910
Web: www.transworldsystems.com, Mr. Steve Richards, President
GreenFlag Profit Recovery and Your Credit Report: Know Where You Stand
Unlike most other consumer collection agencies, GreenFlag Profit Recovery offers a very comprehensive description of the services it offers – and reveals specific details of its collections strategies. Researching the company you’re dealing with and being informed about its unique approach to debt collecting is an important first step in being prepared to negotiate when a debt collector contacts you.
GreenFlag Profit Recovery has been in business since 1970, and they perform collection services for “virtually any organization that accepts checks or extends credit.” This includes banks, small businesses, retailers, hospitals, universities, manufacturers and cities, including many Fortune 500 companies. They also claim to have the highest recovery rate in the industry – which is a clear sign to consumers that negotiating with GreenFlag could prove very challenging.
No matter what state you’re in, if you’re behind on debt payments you could be contacted by GreenFlag; they’re licensed to collect in every state and have more than 100 locations nationwide. They employ a variety of collection techniques, but say they’re unique in that they work with accounts in the early state of collections – when they’re more likely to still be collectible. They also say they use a “diplomatic approach” to avoid alienating current customers, but you’ll probably disagree. This is from their perspective, not yours.
How a Collection with GreenFlag Collection Agency May be Destroying Your Credit History
Sometimes you may not even know that a third-party debt collection agency like GreenFlag has taken over your account until you notice a “collection” notice on your credit report. If you see a bad credit entry like this, it usually means that a creditor has handed over your delinquent debt to a third-party debt collector to help them collect what is owed. Unfortunately, having a “collection” notice from GreenFlag Profit or Transworld Systems on your credit report can have a seriously negative impact on your credit. This tells other credit issuers that you have become significantly delinquent in making payments to a creditor, and might mean future credit cards and loan applications will be denied. This is particularly likely when it is a recent entry or one that remains on your credit report because you have not repaid the debt.
How much a collection notice affects your credit score depends both on what your credit score was before the collection entry appeared, how long it has been on your report, and whether or not you have paid it off. Your score will gradually improve over time if you pay off the debt marked for collection and continue to make your other payments on time. Before you start making payments, however, make sure you verify that it is a legitimate debt, and contact the collection agency and the original debtor right away if it is not your debt. If you find yourself in a situation where a collection agency like GreenFlag Profit Recovery is harassing you over a debt that’s not yours, consider getting in touch with an credit attorney who can help.
"I just want to share with you my story about how my credit situation. If you are someone struggling with bad credit, then I was walking in your exact same shoes...
And today - if you look behind me - this is the house that I bought.
So, obviously my credit situation has changed.
Basically, while I was in college I ran up my credit cards and acquired a lot of unmanageable debt which destroyed my credit rating.
About a-year-and-a-half ago when I went to try to buy a house, the banks laughed at me and made me feel bad about what happened in college. (They basically implied that I was a deadbeat SCUMBAG even though it really wasn't all my fault).
I knew that I had to fix my credit, but didn't know how to do it myself so I went to Lexington Law.
Now, literally within several months, I was able to purchase a $300,000 new home without any trouble at all obtaining a mortgage.
So instead of going into banks with bad credit and being looked at as a scumbag, the banks were more than willing to help.
In fact, when I applied for my mortgage and the banker ran my credit, he came back and was saying...
"Wow! Sure thing sir. We'd love to help you out."
Lexington Law literally changed my life.
I went from being the person who has bad credit to being the person who is living in what I consider my dream home at age 29.
I had basically every kind of negative listing shy of a bankruptcy.
Lexington Law has raised my credit score at least 237 points. I just checked my FICO score which is now a 737. When I started with Lexington Law, it was below 500!"
I encourage anyone struggling with bad credit to pick up the phone and give Lexington Law a call.
It was super-encouraging to see my credit score improve each month as the negative items were deleted from my credit reports. I thought some of the bad credit was permanent since creditors misled me into believing that delinquent information would stay on my credit report for the next seven years.
However, through their dispute process and "goodwill interventions," Lexington Law proved it is possible to remove any questionable negative item. (it is the same as pleading 'not guilty' in a court of law).
Additionally, the paralegal assigned to my case showed me other credit rebuilding techniques such as:
Deleting the negative credit items like charge offs and the credit card judgment, combined with the credit rebuilding techniques, rapidly improved my credit score. In fact, in month two my score went up 74 points!
After living with bad credit for so long, it was really encouraging to see that I was making progress in the right direction.
Not only did the attorneys at Lexington Law show me results, they also provided excellent customer service along the way. If you are someone who enjoys that "personal touch", then you may like how Lexington Law assigns a paralegal to your case.
My paralegal (Stephanie) was always available to discuss the status of my case over the phone and email. Even though I didn't expect or ask for it, my attorney would also periodically give me a call to check in.
Here are some strategies Lexington Law used to delete the really stubborn bad credit - such as the credit card judgment:
You can also access you case online anytime you like. (I enjoyed logging in just to see all the deletions!)
If you are struggling with a bad credit score because of negative credit items, then I truly hope that you start repairing your credit today. I know how humiliating bad credit is and I know how easy it is just to 'sweep it under the rug' and pretend it will go away on its own.
I realize that your situation is probably a little different than mine, however, Lexington Law has already deleted questionable charge offs, a credit card judgment, late payments, collection items, and inquiries from my credit report and raised my credit score to a 737!
Here is a shot of my credit score online last month -:
To get started repairing your credit, call Lexington Law today direct at:
1-800-232-2903 (toll-free)
Or, if you want a Lexington Law paralegal to call you, click here.
