Did you get a mailer from 7831 Glenroy Road, Suite 250, Edina, MN 55439 stating you have outstanding debt you need to pay? Who is this? Radius Global Solutions, a seasoned debt collection agency, can be an intimidating opponent to face in court when dealing with debt lawsuits. With nearly 40 years of operation, this agency possesses a vast knowledge of collection laws, which could give them an advantage over you. But should you pay them?
This company has invested heavily in technology and employs experienced professionals to ensure it stays at the forefront of the debt collection industry.
However, you can triumph over Radius Global Solutions in court with a well-prepared defense. You only need comprehensive information on debt collection lawsuits and how to prepare adequate protection to succeed.
What is Radius Global?
Radius Global is a debt collection agency specializing in collecting payments for third parties for various industries. These third-party clients come from diverse sectors, including healthcare, utilities, telecom, retail, and government.
This agency uses several collection methods, including phone calls, letters, and emails, to recover outstanding debts. In addition to debt collection, Radius Global offers other services to its clients. These services include data analytics, payment processing and customer service.
Contact Details
Here’s the contact information for Radius Global Solutions:
Address:
Radius Global Solutions LLC
7500 Flying Cloud Drive, Suite 900
Eden Prairie, MN 55344
Phone:
Main Number: (952) 837-3200
Toll-free: (800) 388-8725
Radius Global History
Radius Global Solutions was founded in 1982 as a small family-owned business specialising in collecting delinquent accounts. The company’s original headquarters was in St- Louis Park, Minnesota.
In the following years, Radius Global Solutions expanded its services to include a broader range of industries. In 1995, Radius Global Solutions moved its headquarters to Edina, Minnesota, where it remains.
Today, Radius Global Solutions operates from multiple locations throughout the United States and internationally. Radius Global Solutions has built a strong reputation for successful collections and has become a trusted partner for business across several industries.
Radius Global Reviews
Based on several complaints, it appears that Radius Global has had cases of attempting to collect debts that have already been resolved and cleared from the complainants’ credit reports. One complainant alleges that they earned the debt in dispute 15 years ago.
It is difficult to determine the integrity of the complainant’s claim or the company’s response to the complainant. However, if the complainant’s allegations are accurate, Radius Global Solutions may violate the FDCPA by attempting to collect a resolved debt.
It’s vital for debt collectors to follow the guidelines set forth by the FDCPA and to validate debts before attempting to collect them. If the complainant requests validation of the debt and the debt collector fails to provide actual proof, this may violate the FDCPA.
Reviews
Like other debt collection agencies, Radius Global has received complaints filed with Consumer Finance Protection Bureau (CFPB). Most of these complaints regard Radius Global Solutions’ debt collection practices. The complaints include instances where consumers were asked to pay debts they did not owe, harassment, and impersonation of attorneys, law enforcement officers, or government officials. Although these reviews alone do not necessarily prove illegal activities, they offer insight into how consumers perceive their interactions and issues with debt collection agencies.
BBB Reviews
Radius Global Solutions have a 1.08 rating of the possible 5 stars, and are accredited by the BBB.
Radius Global Solutions needs a better track record, with over 482 complaints filed against it with Better Business Bureau (BBB). Complaints range from unsuccessful debt validation requests to inaccurate reports and inadequate communication.
Other Reviews
Here are some recent reviews.
Based on the complaints, it appears that Radius Global Solutions may have engaged in unfair debt collection practices. Persistent calls from Radius Global results in potential damage to your credit score.
One consumer reported that Radius Global Solutions calls them 1-3 times daily, intimidating him to pay an alleged debt.
How To Stop Radius Global
Are you fed up with the endless calls from Radius Global? Debt collectors can be relentless, but you don’t have to put up with their harassment. Here is a step-by-step process to stop Radius Global’s calls and get some peace of mind.
1. Utilize an 11-Word Phrase to Stop the Calls
When dealing with the Radius Global, it can be frustrating and stressful to receive constant phone calls. However, there is a simple solution to stop these calls in their tracks. By utilizing an 11-word phrase, you can put a stop to Radius Global’s harassment and reclaim control over your personal space.
The magic phrase is as follows: “I kindly request that you immediately cease all communication with me regarding this debt.” With this powerful statement, you can assert your rights as a debtor and bring an end to the incessant phone calls from Radius Global.
2. How to Make Radius Global Validate Your Debt
As the old adage goes, “To err is human,” and this sentiment rings especially true when dealing with the Radius Global, which may, at times, contact you by mistake. Therefore, if a Radius Global agent contacts you, and you’ve confirmed the legitimacy of the company, the next step would be to validate your debt. However, if you’re unsure about the debt they’re referring to, it’s imperative to seek clarification by sending a Debt Validation Letter. Additionally, by following the link provided here, you can easily peruse your credit report and determine if the debt in question is mentioned.
3. Confirm Debt Is Within Statute of Limitations
Did you know that debts have a statute of limitations? The statute of limitations is a predetermined period within which a creditor or debt collector has to sue a debtor to recover their debt, failing which they lose the right to take legal action. The duration of this period, however, varies depending on the nature of the debt, with most debts having a limitation period of six years from the last payment or communication with the debtor.
Mortgages, for instance, have an extended time limit, where if the lender repossesses your home due to non-payment, you remain liable for the interest on the loan for six years and the principal amount for 12 years. To know more about the statute of limitations by state, you can follow the link provided here.
While your debt can be statute-barred if your lender takes too long to take measures to recover the debt, it doesn’t necessarily mean that the debt is written off. Instead, the debt continues to exist, but the lender loses the right to take legal action to recover it. A debt is deemed statute-barred if the creditor didn’t take legal action to recover the debt, the debtor or their representative didn’t acknowledge the debt, and there were no repayments made towards the outstanding debt.
To determine if your debt is statute-barred or within the time limit, you need to check when you made your last payment, calculate the time elapsed, and verify the debt’s status. If your debt is within the time limit, you should gather information about it and start planning for its repayment. However, if the debt is statute-barred, you can use this fact against your lender in court.
4. Resolve the Debt
Once you’ve confirmed that your debt falls within the statute of limitations, it’s time to resolve it. There are two ways to do this: first, confirm whether the debt belongs to you, and if so, work on settling it; if not, dispute it.
Settling the Debt
Settling the debt involves working with the Radius Global to find a mutually agreeable solution. You can start by discussing the debt with them and seeing if they are willing to accept a lower amount than the original cost of the debt. If they are not open to settling, you can negotiate a payment plan instead. Most debt collectors are amenable to setting up a payment plan to recover the debt. Ensure that you have the agreement in writing, including the newly negotiated amount and the payment terms, before making any payments.
If you have the means to pay off the debt, it’s advisable to do so. Alternatively, if you’ve been paying the debt promptly, you can request a goodwill deletion from the Radius Global. Be sure to write a clear letter outlining your request, why you need the goodwill deletion, and how you intend to correct the issue. If they agree to delete the debt, note that they are not obligated to remove the information from your credit report. Nonetheless, paying off your debt is beneficial, even if the record remains on your credit report, as it may not affect your credit score.
Disputing the debt
Disputing the debt is the other way to resolve it, especially if you believe that the debt is not yours. Write a dispute letter and send it to the agency within 30 days of their first contact. Ensure that you send the letter to the credit reporting agencies and request that they investigate the debt. If they cannot verify the debt, it will be removed from your credit report.
The Fair Credit Reporting Act (FCRA) in Section 609 stipulates that all debtors have the right to dispute a debt. Credit dispute letters are often known as 609 letters. After 30 days, the collector must cease any efforts to collect the debt, including communication, until they verify the debt and confirm that you are the valid debt holder.
Pro Tip: Always include a date on the dispute letter and keep a copy to prove that you sent it, particularly if you mail it. Note that you can only dispute a debt if it is inaccurate.
What Should I Write in My Dispute Letter
If you need to dispute a debt, it’s essential to write a letter that includes the following information:
- Your full name
- Contact information
- The name and contact details of the Radius Global
- Request asking them to communicate how much you owe on the alleged debt
- A request asking the agency for the name of the original creditor and their contact information
- A request to show proof of the debt
Work with a Lawyer to Write a Dispute Letter
If you are struggling to draft a dispute letter when dealing with a debt collection agency, seeking the services of a lawyer can be beneficial. A lawyer understands what to include and exclude from the letter and can ensure that you file within the deadline set by the FDCPA. Additionally, they can help you identify any false statements, threats, or other malpractices made by the debt collection agency, which you can use in your defense. Working with a lawyer can help you navigate the complex legal process and increase your chances of resolving the debt dispute while protecting your rights as a debtor.
Know your rights
Despite falling behind on debt and feeling like you have no options, you still have rights as a debtor. It’s crucial to understand that no debt collector, including the Radius Global, should engage in certain practices when trying to collect debt from you. These illegal practices include:
- Reaching out to any other person, such as your family or contacts, to communicate with you.
- Calling earlier than 8:00 am or later than 9:00 pm
- Using misleading or false information regarding the debt
- Adding extra charges, fees, interest, or any additional charges on the original outstanding debt
- Using abusive language or harass you about the debt, or
- Calling your employer or workplace if your employer prohibits such communication at work.
Take Legal Action Against Radius Global
If the methods mentioned earlier and the 11-word phrase are not effective, you can take legal action to stop the Radius Global. It’s advisable to work with a knowledgeable debt collection lawyer to discuss your options. You may have a strong case if the agency has been doing the following activities:
- Calling you before 8 am or after 9 pm;
- Using obscene language to coerce you into paying;
- Making criminal accusations or threatening you with arrest, violence, lawsuits, or a negative credit report; and
- If they are contacting others about your debt, calling you at work, or using automated robocalls, you may also have a case.
A debt collection attorney will review your situation and provide advice accordingly to help you protect your rights as a debtor.
Does Radius Global Sue for Unpaid Debt?
Yes, they do. But they don’t always take legal action. Whether or not they decide to sue will depend on your willingness to cooperate and repay the debt, or come up with a repayment plan that works for both parties.
Will Radius Global sue or garnish your wages?
The Radius Global, as a debt collection agency, has various means at their disposal to collect outstanding debts. They can continuously contact you or pursue legal action, including suing you and garnishing your wages. In the event that their attempts to contact you are unsuccessful, they may file a lawsuit requesting to garnish your wages, which can be granted by the court.
It’s important to note that the laws on wage garnishment vary from state to state, so it’s essential to review your state’s wage garnishment laws to understand your options. While the Radius Global and other debt collection agencies have the right to contact you and follow up on outstanding debts, under the Fair Debt Collection Practices Act (FDCPA), they must stop contacting you if you request them to do so. This may prompt them to take legal action against you, typically through a lawsuit.
If the Radius Global has sued you for a debt that you are not responsible for, it’s crucial to seek advice from an attorney who is experienced in debt collection cases to understand your legal options.
How Debt Collection Answers Can Help
Dealing with endless calls and letters from the Radius Global, especially when the debt information is incorrect, is an undesirable experience for anyone. However, debt collection agencies often make errors, and instances of identity theft only exacerbate the situation. Consequently, it is crucial to comprehend the workings of debt collection. This knowledge will enable you to handle calls from debt collectors and equip you with strategies to avoid their incessant communication. Additionally, understanding your rights when faced with such circumstances is essential. If you have any inquiries regarding debt collection, feel free to contact us for free assistance.