18006548818 (2024)

FAQs

Who is calling me from 800-654-8818? ›

Who's Calling From 800-654-8818? Portfolio Recovery Associates, LLC.

Portfolio Recovery Associates is a legit debt collection company based in Virginia with hundreds of employees, and an annual revenue at about $786.3 million in 2023. It uses several business names in addition to Portfolio Recovery Associates, including PRA III, and Anchor Receivables Management.

It is not uncommon today for people to be pursued by debt collectors for money they don't owe. This occurs for several reasons: the original creditor may have made an accounting error, you may be a victim of identity theft, or the creditor may have found the wrong person with a similar name.

We're Portfolio Recovery Associates, LLC and we're changing the way debt collection works. If you have been contacted by us it's because your original creditor sold us your account, and we now own your debt.

One way to check if a number is potentially a scam is to use a reverse phone number lookup service. These websites and apps allow you to enter a number and see public information associated with it, such as the registered name, location, and carrier.

Why would Capital Management Services contact or call me? If you have received a communication from Capital Management Services, it may be in regards to an account we are currently collecting or managing in some form.

Unfortunately, if you ignore the lawsuit, you can get a default judgment against you even if you have viable defenses against the case. Portfolio Recovery Associates would be legally entitled to collect the total amount of debt from you, including interest and late penalties.

Why Is Portfolio Recovery Calling Me? If Portfolio Recovery Associates (PRA) is calling you, it's likely because they believe you owe a debt that they now own.

Although you can't be arrested for unpaid debt, you can be sued. And the longer you ignore debt collectors, the more likely it is that they will file a lawsuit against you to collect the debt you owe.

You never want to give the debt collector personal information about your finances and assets, such as your Social Security number, your bank account number unless making a payment, your income, or the value of your assets.

Why should you never pay a collection agency? ›

Payment May Not Update Your Credit Report. Even after paying a collection account, the collector might not properly update your credit report. The unpaid status could incorrectly remain, damaging your score indefinitely. This happens more often than you'd think.

Once a debt collector receives your letter requesting they stop contacting you, they're not allowed to communicate with you again except to: Tell you there will be no further contact. Advise you that they or the creditor may take other actions they're legally allowed to take, such as filing a lawsuit against you.

Texts from an 866 area code—spam or not? If you've received a text from an 866 area code, it is likely a message from a business. However, it may also be spam. In that case, it is always better to avoid replying to 866 area code text messages, and you should certainly avoid sharing any personal info.

If you answer the phone and hear a recorded message instead of a live person, it's a robocall. A robocall trying to sell you something is illegal unless the company trying to sell you something got written permission, directly from you, to call you that way.

Why is Spring Oaks Capital Calling Me? Spring Oaks Capital is likely calling you because they have acquired a debt that they believe you owe. This means they either purchased the debt from an original creditor (like a credit card company or a bank) or they've been tasked with collecting on the debt.

With Truecaller's reverse phone lookup tool, you can now simply type the caller's number in the search bar above and find out who called you within seconds! The best part? Truecaller also tells you if the caller is a spammer.

Yes, RMS Collections is a debt collection agency. They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off"). RMS Collections may attempt to reach out via mail or phone calls (demanding payment).