What does VLY EMP COLL mean on my credit report?
Learn about VLY EMP COLL, an collections agency offering loans for financial assistance. Check the impact to your credit report and financial status.
What is VLY EMP COLL?
VLY EMP COLL is shorthand for Valley Empire Collections, with the company name being Valley Empire Collections Inc
Northwest delivers measurable and distinct advantages in collection of debt. VEC works with more than 4,000 customers to achieve continued higher recovery rates. Our huge and diverse database is the key to our success in recovering debt for our clients. With more than a million debtors registered in our system, approximately 70 percent of accounts are assigned have a previous history in our database, which allows us to perform quickly the best course of action to collect debt for our customers.
VLY EMP COLL 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 Valley Empire Collections.
- ⚫ Valley Empire Collections 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 Valley Empire Collections:
Address:
- 1718 W Broadway Spokane, WA 99201
Website:
Email:
Phone:
Payments
Debtintocash offers a variety of payment options, including through debit or credit card, PayPal, or a bank transfer. You can also use cash or check as payment methods, depending on the provider. Our company offers a monthly payment plan for customers to pay off their products in installments. If you’re eligible for a refund from a merchant, you can usually contact them directly to request a refund. They may require proof-of-purchase and other information about the transaction, and may have a specific process in place to handle refund requests. Debtintocash employees are offered payment options through mobile applications depending on the job title and location. The average salary for Debtintocash employees is $111,649, and salaries range from a low of $98,222 to a high of $126,522. There are no penalties for late or missed payments according to the information provided.
| Question | Answer |
|---|---|
| Do they offer a monthly payment plan? | Yes |
| Can I make payments over the phone? | No |
| 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
Debtintocash does not offer loan forgiveness or consolidation. There is no specific qualification for loan forgiveness.
| Question | Answer |
|---|---|
| Do they offer loan forgiveness? | No |
| Do they offer loan consolidation? | No |
How to Apply
Debtintocash offers online loan application options and typically hires for positions such as a Trainer - Call Center Sales, Full Time IT Project Coordinator, FT Family Law Paralegal Buckhead, FT Project Coordinator, FT Administrative Assistant/Research Assistant - Perimeter Area, FT Office Manager, FT Accountant, FT Software Sales Representative, FT Corporate Recruiter, and Part-Time Bookkeeper. The company also offers mobile apps for loan applications. Average salaries for employees range from $98,222 to $126,522, depending on job title, department, location, and individual skills and education. Job titles and locations for Debtintocash jobs typically include Trainer - Call Center Sales, Publishing Concepts LLC, and Dallas,TX.
| 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 |
| Can I apply for a loan using a mobile app? | Yes |
| 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 VLY EMP COLL 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.
