Is Altus Receivables Management legit ? Altus Receivables Management is a real debt collection agency that follows the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). The company has been accredited by the Better Business Bureau (BBB) since 1995 and holds an A+ rating.
It buys debts from various creditors and tries to collect payments from people who owe past-due debts. If you see Altus Receivables Management on your credit report, it likely means they have purchased your debt and are attempting to collect it from you.
Frequently Asked Questions
Is Altus Receivables Management a scam?
No, it is not a scam. They are a legitimate debt collection agency that operates within the bounds of the law.
Can Altus Receivables Management sue me or garnish my wages?
It is unlikely that it will sue you or garnish your wages. State and federal laws place limits on bank and wage garnishments. However, if you owe a legitimate debt, they may pursue legal action as a last resort.
How can I remove Altus Receivables Management from my credit report?
To remove them from your credit report, you must dispute any incorrect or fraudulent information on the account. If the information is accurate, you may need to negotiate a settlement or payment plan to have the account removed.
Should I pay them to have them remove the account from my credit report?
Paying off the debt may not automatically remove the account from your credit report. It is best to speak with a credit repair professional before making any payments to ensure that it will not further damage your credit score.
What are my rights when dealing with this site?
You have the right to dispute any debt that Altus Receivables Management has purchased. They are governed by the FDCPA and FCRA, which provide consumers with certain protections against harassment and unfair practices.
Customer Reviews
While it has an A+ rating with the BBB, they have received some negative customer reviews. Some customers have complained about harassment, unrealistic payment terms, and a lack of professionalism from the company’s representatives.
In response to these reviews, it has stated that they take pride in treating every person with dignity and respect, while operating within legal and ethical standards.
In conclusion, it is a legitimate debt collection agency that operates in compliance with federal and state laws. However, it is important for consumers to be aware of their rights and to communicate with the company in a professional manner to resolve any outstanding debts.
For more details visit their website. And also if you wanna read more reviews checkout our website.
Key Reviews of Altus Receivables Management
Better Business Bureau (BBB)
Altus Receivables Management has an A+ rating from the BBB. However, they have received several customer complaints, with an average rating of 1.29 out of 5 stars. Customers have complained about aggressive collection tactics, inaccurate information, and difficulty resolving disputes.
Glassdoor
Altus Receivables Management has a 2.9 out of 5-star rating on Glassdoor based on 9 reviews. Employees have complained about poor management, high turnover, and unrealistic performance expectations.
TrustPilot
Altus Receivables Management does not appear to have a profile on TrustPilot, a popular consumer review site. The lack of reviews on a major platform like TrustPilot is somewhat concerning.
ConsumerAffairs
Altus Receivables Management has a 1 out of 5-star rating on ConsumerAffairs based on 7 reviews. Consumers have reported issues with harassment, inaccurate information, and difficulty negotiating payment plans.
In summary, while Altus Receivables Management is a legitimate debt collection agency accredited by the BBB, they have received a significant number of negative customer reviews across various platforms. Consumers should be cautious when dealing with the company and carefully review their rights under the Fair Debt Collection Practices Act.