What does AARGON AGNCY mean on my credit report?

Is AARGON AGNCY making an impact on your credit score?

Updated January 1, 2023
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What is AARGON AGNCY?

AARGON AGNCY is shorthand for Aargon Agency, with the company name being Aargon Agency, Inc.

We are a national licensing agent for debt collection agencies based in Las Vegas, Nevada with offices in Hawaii, Colorado, Florida and Missouri. The Argon Group provides comprehensive debt collecting services across numerous industries including first party, early out collections and billing services.Our client list is extensive and can be made available on demand.

AARGON AGNCY 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 Aargon Agency.
  • ⚫ Aargon Agency 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.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Collection Agency/Attorney

How do I contact them?

Here is the current contact details for Aargon Agency:

Address:

  • 8668 Spring Mountain Rd., Suite 110, Las Vegas, NV 89117

Website:

Email:

Phone:

Payments

Aargon Agency, Inc. is a debt collection agency that offers various payment programs and accepts various types of payments, including credit cards, checks, and money orders. There may be discounts or special offers available, and customers can contact an Account Manager before payment. If they are not sure the debt belongs to them, they can request a Validation Letter. Complaints can be filed by contacting the Compliance Department. For more information, customers can call 1-800-326-7118 or send a message.

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

Aargon Agency, Inc. is a nationwide debt collection agency that offers loan forgiveness and consolidation. To qualify for loan forgiveness, you may be able to apply for a payment program offered by Aargon Agency Inc., discounts and special offers, obtain a Validation Letter, authorize Aargon Agency, Inc. to work with someone other than you on your behalf, or file a complaint.

Question Answer
Do they offer loan forgiveness? No

How to Apply

Aargon Agency, Inc. is a national debt collection agency that offers a range of services including extended business office & pre-collection services. They have 20+ years experience in the debt collection industry, maintain strict compliance with all applicable laws, and all collection calls are recorded. They do not offer loans, but do offer payment programs and accept various forms of payment. They also offer discounts and specials, and have resources and tools available for those unable to make a payment, including a Validation Letter service. For more information one can contact them via phone or email.

Question Answer
Can I apply for a loan online? No
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

SmartCredit Report Example

  • This is an example of what this creditor will look like on your SmartCredit report.

AARGON AGNCY SmartCredit Report

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 AARGON AGNCY 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.