What does ACT COLLECT mean on my credit report?

Learn about ACT COLLECT, an collections agency offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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ACT COLLECT is shorthand for Account Control Technology Inc, with the company name being Account Control Technology, Inc

ACT is fully licensed in all 50 US states and meets all state requirements. As a Government Contractor, the Company maintains the highest Data Security Standards such as FIPS-140-2-, SAS 70 or PCI DSS certification.

ACT COLLECT is a Collections Agency provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.
  • ⚫ You opened an account with Account Control Technology Inc.
  • ⚫ Account Control Technology Inc bought your debt and are now trying to collect on it.
  • ⚫ You opened a credit card / loan / mortgage with this company.
  • ⚫ Someone fraudulently opened a credit line under your name.

How do I contact them?

Here is the current contact details for Account Control Technology Inc:


  • P.O. Box 471
    Kings Mills, OH 45034





To make a payment, please contact Account Control Technology, Inc. for more information on their debt recovery and BPO solutions. ACT offers a payment plan for consumers through their EZPay system. To get a payment refund, contact the company you owe the bill to and inquire about their refund policy. ACT offers consumers the option to make payments over the phone or via their ACT EZPay. ACT offers secure online payment services. It appears that ACT offers a consumer help site with a translation and description of commonly-used debt collection terms, and that they are licensed in multiple states, including North Carolina, Maryland, and pending in California. However, there is no indication that they offer a discount for automatic payments. ACT offers a variety of payment options, including credit or debit cards, electronic payments, and ACH transfers. Additionally, clients may submit payments by check or money order. some business process outsourcing (BPO) solutions offered by Account Control Technology, Inc. (ACT) allow for payments to be made via mobile app. Penalties for late or missed payments usually vary depending on the terms of the agreement between the debtor and the creditor. Generally, late payments will be subject to late charges or fees and may result in interest charges on the unpaid balance. it is possible to make a payment using a prepaid debit card. you can make a payment using a wire transfer.

Question Answer
Do they offer a monthly payment plan? Yes
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

ACT offers loan consolidation and forgiveness services for consumers. To qualify for loan forgiveness, you may need to meet certain standards, including data security, advanced technology, quality assurance, regulatory compliance, collection agent training, and ethical conduct. Additionally, you may need to contact your creditor, be deemed eligible for a loan forgiveness program, and provide proof of meeting the terms of said program. ACT provides excellent customer service, including EZPay to make payments, a form to request information, and reports and information for current clients. They are licensed by the North Carolina Department of Insurance, Company Number 907337.

Question Answer
Do they offer loan forgiveness? No

How to Apply

It is possible to apply for a loan online, in person, or with a cosigner. Applying for a loan over the phone or with a mobile app is not possible. Account Control Technology, Inc. provides debt recovery, accounts receivable management (A/R), and other business process outsourcing (BPO) solutions, but does not provide loan services.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? No
Can I apply for a loan with a cosigner? Yes

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

What is a Collections Agency?

Collection agencies appear on your report when a company has failed to collect an outstanding debt. If a creditor has sent your debt to collections, they expect to receive only a portion of any money collected. For them, this is preferable to receiving nothing at all continuing the process of trying to collect your debt themselves. However due to the agressive nature of some collection agencys, you may feel threatened or harrassed by them. However, the good news is that if they inaccurately reported your debt and you take the correct credit repair action, there is a good chance that you will not have to repay and inaccurately reported debt.

How do I remove ACT COLLECT from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.