“Portfolio Recovery Associates is located in Norfolk, VA. This company began its operations in 1996 and has expanded its horizons since then.  According to the company’s home site, it holds assets worth over 51.1 billion and has more than 2500 employees in various branch offices.”

A closer look at the figures will clearly display that this company has jumped swiftly from 1.75 billion in assets to 51.1 billion in just a decade. If you consider that this company’s assets are the purchased debts, you will realize how debt collection agencies like Portfolio Recovery Associates make such sweeping profits out of the debt collection business.

When the debt collection agency buys debts at dirt cheap prices, and then extracts huge amounts of money from the debtors by way of charges and unpaid debts, it translates into huge profit margins for them. The rapid progress of Portfolio Recovery Associates is just an example of this.

Debtors should expect only unprofessional behavior from these debt collection agencies, because that is what previous experiences teach us. I doubt if even a single debtor on Planet Earth has got good or pleasant debt collection experiences to relate. That is how rampant the misbehavior of debt collection agencies is.

Many debtors may be under the false impression that they can be no longer traced because of a change in contact details and location. If you too have some unpaid debts and are reveling in this false happiness, then your bubble is about to burst soon. Debt collection agencies employ a special method for tracking down debtors, called as the skip tracing method. This method ensures that you are hounded down, no matter how long it has been since you moved or changed your contact details.

How the Lexington Law Firm Fixed My Credit Score by Cleaning My Credit Report and History

‘Experience is the best teacher’. I have gone through a huge financial mess a few months back. My condition was so bad that I had 3 charge offs, a civil judgment and a foreclosure to deal with. Needless to say, all of these ‘black blotches’ were duly reflected on my credit reports and my credit score was at 588. I needed to mend things back as soon as possible, as I possibly could not go on with such embarrassing credit scores and no hopes of any credit or loan in future.

When my cousin recommended the Lexington Law Firm, I was only too happy to contact them. The Lexington Law Firm is a 2 decade old credit repair firm and is considered to be an expert in the credit repair industry. I am glad to say that all the praises that I heard about this company soon proved to be true.

 

The Lexington Law Firm attorneys swiftly disputed all the negative tags on my credit reports with all 3 bureaus and made sure that they got all of them removed one after another. My credit scores improved with each removal and within just 9 months my credit score is shining at 729 (above national average)

There is no need to struggle against embarrassing credit scores and battered credit reports. All you need is to contact the Lexington Law Firm attorneys at 1-800-251-3505. They are experts at getting all sorts of negative tags removed like liens, charge offs, negative collection accounts, foreclosures, civil judgments etc, and will give you a free consultation too. So call them now!