I wish I could give 5 negative stars!!!! \r
Last year, I was notified by CreditReport that a negative credit was on my report. Alternative Recovery Management submitted a ZERO BALANCE credit claim to my credit report. Who knew that could happen?!? Well, it can. And it will immediately reduce your credit rating by 80 points! \r
In July, I received a 30 day late notice for Downtown Dental in LA for $75.. I called them and Lucy assured me that it was all a mistake. \r
Then I received a 60 day late notice. I called and Lucy said my insurance had not paid the $75. I was pissed that no one even called me about this, but I paid the $75 with a credit card over the phone. I heard nothing more until I received the email from the reporting company...8 months later. Again, A ZERO BALANCE WAS REPORTED AS A NEGATIVE CREDIT CLAIM. Lemme tell you, when you call them about that, no one wants to talk to you.\r
I send dispute notices to Equifax, Experian, and TransUnion. The negative went away within a month, but it has been a year, and my credit score is still 20 points less than it was the month before Alternative Recovery Management AND Downtown Dental screwed me. \r
I totally understand the need for this type of company, but this is not the one you want to use.
Cons: Bad, bad business practices