Are you being called by Precision Credit, LLC?* Here's what you need to know.
Buying, selling, and collecting debts is a booming business, especially when financial difficulties are forcing so many people to fall behind on their credit card, medical debt, and student loan payments. Professional debt buyers will buy huge debt portfolios for an average of pennies on the dollar and then collect the full value, representing huge profits. If a debt buyer is abusing you to maximize their return on investment, a consumer attorney can help you stop them from profiting at your expense.
Your Rights Under the FDCPA
The Fair Debt Collection Practices Act, or FDCPA, protects consumers from harassment by third-party collection agencies. Debt collectors are prohibited from using pressure tactics like the following to make you pay:
- Calling at all hours of the day and night
- Harassing you even after you have retained an attorney regarding the debt
- Calling you at work after you tell them that you can’t take personal calls there
- Pretending to be attorneys or police officers
- Discussing the debt with uninvolved third parties like your friends, family and neighbors
- Using abusive language
Company Profile: Precision Credit, LLC
If you are being called by Precision Credit, LLC , information about the company is below.
Precision Credit, LLC is a debt collection office located in Medford, Oregon. It was established in 2005, has less than 10 employees, and is managed by Jim Bautista. A review of court files archived at the PACER (Public Access to Court Electronic Records) website indicates that consumers who believed they were being harassed by Precision Credit, LLC asserted their rights in court.
Alleged Violations against Precision Credit, LLC
According to PACER, in or around early 2016, Precision Credit, LLC allegedly started trying to collect a debt from an Oregon resident. She later complained that collectors misrepresented the amount of interest the debt had allegedly accrued and illegally allowed interest to accumulate before advising her of the existence of a claim.
Feeling harassed by Precision Credit, LLC, she hired a consumer attorney and sued the company for allegedly violating the FDCPA by misrepresenting the character, amount, or legal status of the debt.
The matter was later dismissed.
Hire an Attorney
The phone number for this debt collection company is 1-541-664-1904. If it appears at any time, it means that you are being called by Precision Credit, LLC. If they misrepresent the amount you legally owe, don’t pay: instead, hire a consumer attorney who can help you file a claim against Precision Credit, LLC. You could potentially win $1,000 per FDCPA violation plus applicable fees and costs. Never be afraid to act on the protections that the law gives you.
*Case taken from PACER (www.pacer.gov). File number is Case 1:16-cv-00204-CL from the United States District Court for the District of Oregon, Medford Division.
Disclaimer: The content of this article serves only to provide information and should not be constructed as legal advice. If you file a claim against Precision Credit, LLC, or any other third-party collection agency, you may not be entitled to any compensation.