What is GC Services on my credit report?
What is GC Services on my credit report?
GC Services 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).
Who is GC Services collection agency?
What is GC Services? Headquartered in Houston, Texas, GC Services is one of the largest debt collection agencies in the United States. They were originally founded in 1986 and currently have over 9,000 employees and over 30 call centers.
Is GC Services a debt collector?
GC Services is a third-party debt collector of defaulted federal student loans and other types of debt.
Do I have to pay GC Services?
Unfortunately, you have to pay GC Services on a failure to pay traffic ticket – UNLESS, the ticket is older than 5 years old. Tickets older than 5 years old, whether a failure to pay or a failure to appear, are subject to the 5 Year DMV Purge Rule and do not have to paid in order to get your license back.
What does GC Services stand for?
Gulf Coast Collection Services
GC stands for Gulf Coast Collection Services. They are Debt Collectors for most credit cards company in The United States.
Can GC Services take my tax refund?
GC services is a third party collection agency. Unless they have obtained a judgment against you (among other steps to “seize” that “asset”), GC Services cannot take your tax refund.
What does GC Services collect for?
GC Services collects for a wide variety of industries and businesses, including automotive financing companies; banking and financial institutions that issue secured and unsecured auto loans, credit cards, property loans, commercial loans, lines of credit, personal loans, first and second mortgages, and home equity …
Can GC Services suspend your license?
Suspended License If you do not pay your traffic ticket on time or you fail to appear in court, the court will request the DMV to suspend your driver’s license and charge a significant fee. In addition, your case will be referred to GC Services collection agency.
Does GC Services report to credit bureaus?
It said, in part, “GC Services does not report any information to any credit bureaus or agencies. The responsibility for reporting this account to the credit bureaus or for updating any existing report rests exclusively with the above named client.”
Can collections take your stimulus check?
Credit Card Debt: Yes The newest stimulus act does not include protections against private creditors and collectors. That means if you have credit card debt, your stimulus funds might be garnished.
Where is GC services debt collection agency located?
One of the largest collection agencies in the country, GC Services was founded in 1986 in Texas and is currently headquartered in Houston. They have about 9,000 employees in total and generate roughly $100 million in revenue per year. They collect a number of consumer debt types.
How to remove GC services debt from your credit?
If you are unable to get the entry removed on a technicality, you can try to negotiate a settlementwith GC Services. This is known as a pay-for-delete settlement and involves paying GC Services for the debt in exchange for deletion. Sometimes, you can get away with paying less than the full amount of the debt.
How long has GC services been in business?
They boast being in business for over 30 years. Currently, they employ nearly 9,000 people and spend a great deal of resources on the collection of student loans. With size like that, it is inevitable that there would be many complaints and allegations of violations of the Fair Debt Collection Practices Act.
Who is GC Services, LP and what do they do?
GC Services , LP or GCS is a third-party collection agency based in Texas. GCS has received consumer complaints alleging violations of the Fair Debt Collection Practices Act (FDCPA), such as threatening to take actions that cannot legally be taken and using false or misleading information in an effort to collect a debt.