What does COLUMBIA COLLECTORS IN mean on my credit report?

Is COLUMBIA COLLECTORS IN making an impact on your credit score?

Updated January 1, 2023

What is COLUMBIA COLLECTORS IN?

COLUMBIA COLLECTORS IN is shorthand for Columbia Collectors, with the company name being Columbia Collectors Inc

Same principles were applied then as now; we continually review our business to find ways to improve and achieve better client satisfaction. Technology has allowed us to expand our service offerings, become more efficient, more accurate, and more effective.

COLUMBIA COLLECTORS IN 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 Columbia Collectors.
  • ⚫ Columbia Collectors 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 Columbia Collectors:

Address:

  • 1104 Main St. Ste 311 Vancouver, WA98660

Website:

Email:

Phone:

Payments

There are many ways to make payments, including online, over the phone, and using a mobile app. There may be penalties for late or missed payments. You can also use a prepaid debit card, wire transfer, or check/money order.

Question Answer
Can I make payments over the phone? Yes
Can I make payments online? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

both loan consolidation and loan forgiveness are available to those who qualify. More information can be found on the website.

Question Answer
Do they offer loan consolidation? No

How to Apply

You can apply for a loan online, over the phone, or in person. Applying for a loan with a cosigner is also an option.

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? No

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 COLUMBIA COLLECTORS IN 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.