Have you been receiving mailers from PO Box 69703 Harrisburg PA or calls from 800-900-1370 stating you have unpaid debt that needs to be taken care of? Who is this coming from and how did they get your information? This is Penn Credit Corporation, a debt collection agency.
It’s essential to respect collection agencies, such as Penn Credit Corporation, but feeling apprehensive about dealing with them is natural. Additionally, late payments will have a lasting impact on your credit report, so it’s best to address them promptly to minimize damage to your credit report.
It is crucial to note that while unpaid credit accounts will be sent to a collection agency, there are fraudulent agencies that may attempt to deceive you. Penn Credit is a legitimate collection agency that collects debts on behalf of creditors.
The situation may become even more severe as scammers might attempt to collect money from you by posing as representatives of Penn Credit Corporation. Therefore, it’s essential to exercise caution and verify the validity of your debt before accepting any payment proposals.
What is Penn Credit Pennsylvania?
Penn Credit Corporation is a third-party debt collection agency in various markets, including commercial accounts receivable, consumer credit cards, direct marketing clubs, student loan providers, retail credit, healthcare, telecommunications, and utilities.
The company is fully licensed and bonded.
Contact Details
Address:
Penn Credit Corporation,
2800 Commerce Dr, Harrisburg, PA
17110, United States
Phone:
+1 717-238-7124
Penn Credit Pennsylvania History
Penn Credit Corporation is a debt collection agency based in Pennsylvania, USA. The company was established in 1987 and has since become one of the largest and most respected debt collection agencies in the United States.
The company has its headquarters in Harrisburg, Pennsylvania, and additional offices in other states nationwide. This company provides debt collection services to various clients, including businesses, government agencies, and healthcare providers.
In addition to its debt collection services, Penn Credit Corporation is also actively engaged in diverse philanthropic and community endeavors. The company is committed to giving back to society, and it supports some local and national organizations that work to improve the lives of others.
Penn Credit Pennsylvania Reviews
Based on numerous consumer reviews, Penn Credit Agency has a poor reputation. Many of the reviewers describe negative experiences with the company, including claims of:
- Scamming
- Refusal to identify themselves or provide information about alleged debts
- Poor customer service.
Given the overwhelmingly negative reviews, it is challenging to recommend Penn Credit as a reliable and trustworthy debt collection agency. It may be best for individuals to seek other debt collection options.
Potential consequences of violating the FDCPA are an unfair collections account can negatively impact your credit score and reduce your likelihood of obtaining loan approval in the future.
Google Reviews
According to various consumers on independent forums and review sites, Penn Credit Corporation’s services have been subject to criticism. Some users reported that Penn Credit placed unverified information on their credit reports. Penn Credit Corporation’s Google rating is 1.3 out of five stars.
BBB Reviews
Based on Penn Credit’s BBB profile, the company has a low customer rating of 1.55 out of five stars. Penn Credit also has a high number of consumer complaints, with 176 complaints closed in the last three years.
These complaints revolve around the collection and the company’s failure to validate debts properly. One recent consumer described an issue with the company refusing to provide a receipt for a payment made in full. This issue raises concerns about Penn Credit’s professionalism and adherence to standard business practices.
Other Reviews
Penn Credit Corporation has a 2.4-star rating on WalletHub. Based on other reviews, Penn Credit may not provide satisfactory services to its customers. It is vital to have the company validate your debt after they reach out to you before rushing to pay the alleged debt off.
The Corporation also received 149 complaints in 2016 and was ranked 124th among all financial companies with the highest number of complaints, as reported by the CFPB.