How to Remove AR Resources from Your Credit Report

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Updated: 21st Nov 2020
Written by Kim Pinnelli
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In this Article: How to remove AR Resources Inc from your credit report.

Seeing AR Resources on your credit report isn’t a good thing. It means you have a collection on your credit report. Collections hurt your credit score, sometimes as much as 100 points.

Not only does it hurt your credit score, but the collection debt stays on your credit report for 7 years. That’s a long time to be haunted by a mistake you made a few years ago.

If you’re tired of AR Resources showing up on your credit report, check out the ways to remove it fast.

What is AR Resources?

AR Resources is a collection agency. Chances are if they have your account it’s because you defaulted on it. Your credit report now likely shows a collection from AR Resources. This is usually in addition to the original debt.

Collections aren’t good for your credit score. Plus they stay on your credit for 7 years. Your credit score feels the most effects during the first 2 years. No creditor likes seeing a collection on your credit report even five or six years later, though.

In other words, if AR Resources is on your credit report, it’s not good.

Is AR Resources Inc Legitimate?

AR Resources is legitimate. They have been in business for 20 years helping companies overcome the financial devastation of defaulted accounts. They offer businesses many services including pre-collection services and bad debt collections.

Does AR Resources Report to the Credit Bureaus?

Like most collection companies, AR Resources reports to the credit bureaus. This means they let Experian, TransUnion, and Equifax know that you didn’t meet your credit obligations. AR Resources is now a trade line on your credit report and has possession of the account.

How much the collection affects your credit score depends on many factors. Typically, the higher credit score you have, the more points you’ll lose. For example, someone with a 700-credit score may lose 50 points when a collection hits their credit report. A person with a 550-credit score, however, may only lose 10 points.

While that doesn’t seem fair, it makes sense. A high credit score gives the illusion that you make good on your debts. A collection account, though, says otherwise. If you have a high credit score, future creditors may assume you’re a ‘good borrower’ and not look into your history. That’s a bit deceiving if you have a collection on it.

If you have a ‘bad’ credit score, though, lenders will likely look into your credit history and/or decline the application altogether.

How to Remove AR Resources from Your Credit Report

If AR Resources is on your credit report, it’s important to get it removed fast. Not only does it damage your credit score, but it gives anyone who looks at your credit a negative impression of your financial responsibilities.

Here are the most common ways to get AR Resources off your credit report:

1. Hire a Credit Repair Company

A credit repair company helps remove collections accounts, like AR Resources, from your credit report. They operate on the three legal standards all credit accounts must follow. All collections must be:

  • Accurate
  • Fair
  • Fully substantiated

If any of these requirements are violated, you can dispute the collection and have it removed. While you can do this yourself, it takes a lot of work and knowledge. Most consumers don’t look for the right things and lose the dispute.

The best credit repair companies do this daily and knows what to look for on your credit report, disputing even the smallest errors, which renders a collection unfounded.

If you are ready to take back your credit, then hire Credit Saint.

Dive Deeper: Credit Saint Review.

2. Validate Your Debt

Under the Fair Debt Collections Practices Act, you have the right to validate your debt. You have 30 days after receiving the debt collection notice to do this. Your first point of contact could be a phone call or letter.

However, the debt collection agency must send you proof of the collection in writing. It must include the debt amount, who you owe and how you pay. You should receive this within 5 days of any phone calls.

Write your debt validation letter right away asking for details of the collection to prove it’s yours. Send it via certified mail with tracking. This way you have proof the collection agency received the notice. A few questions to ask include:

  • The reason for the collection
  • The amount of debt
  • The debt’s age
  • The debt collector’s right to collect in your state

The validation helps you understand the full impact of the debt. Is it yours? Is the amount owed correct? Are there any errors? If there are, you may dispute the debt and have it removed from your credit report.

3. Negotiate a Pay-for-Delete

Pay-for-delete isn’t as widely used anymore. Some even call it immoral or illegal, yet some companies still do it.

In exchange for payment (either in full or partial payment), the creditor (or collection agency) promises to delete the debt from your credit report. It may work to your benefit, but it gives creditors an inaccurate picture of your financial responsibilities.

If you had a collection, it’s because you didn’t pay your bills. Deleting the account from your credit report doesn’t give future creditors the big picture. Today, with FICO 9 and Vantage Score 3.0, paid collections don’t affect your credit score any longer, so a pay-for-delete often isn’t worth the risk.

4. Ask for a Goodwill Deletion

If you have good credit ‘most of the time’ and messed up on one account, you may ask for a goodwill deletion. A goodwill letter isn’t a dispute. It’s an apology letter or ‘letter of mercy’ asking the creditor or collection agency to cut you some slack for your one mistake.

Goodwill deletions work when you had an emergency or a legitimate reason for the oversight. If you normally have good credit, but ‘messed up’ once, the creditor or collection agency may delete the negative information.

There’s no guarantee and they aren’t required to do anything, but it may be worth a try.

Will AR Resources File a Lawsuit Against Me or Sue Me?

Will AR Resources sue you? Possibly, but it’s not likely. If you work with them and/or take steps to dispute or delete the record, you don’t have to worry about it.

Using a credit repair company (or your own services), you should dispute, validate, and/or work out a deal with AR Resources to avoid the risk of a lawsuit.

AR Resources Inc Complaints

Most collection companies have complaints. Consumers complain about the harassment. Collectors from AR Resources may call a lot. If you answer the phone, they usually aren’t nice. They are doing their job – trying to get the money back, but they could go about it in a nicer way.

Others complain about the inaccuracy of the information. Most consumers have trouble getting AR Resources to validate the debt and they often report inaccurate information.

To date, AR Resources Inc has racked up 600+ consumer complaints with the Consumer Financial Protection Bureau (CFPB) and another 150+ with the Better Busines Bureau (BBB).

If they reported information inaccurately or they won’t validate the debt, file a complaint with the FTC:

  • Visit FTC.gov
  • Call 1-877-382-4357

You can file the complaint online or talk to an agent and have them walk you through the process.

AR Resources Contact Information

  • Phone Number: 1-267-467-0222
  • Mailing Address: 3107 Spring Glen Rd #214-1, Jacksonville, FL 32207

Wrapping Up: How to Remove AR Resources Inc From Your Credit Report

If AR Resources is on your credit report, get help fast. The longer it sits on your credit report, the more damage it does. Take action now so you can begin to improve your credit score.

A reputable credit repair company knows how AR Resources works and can get the account rectified fast. Many credit repair companies know the tactics AR Resources uses and how to get around it, getting the account off your credit report.

Since it will stay on your credit report for 7 years, it’s worth looking into your options to see how to fix your credit without AR Resources showing up on it.

Additional Collection Agencies to Review:

Kim Pinnelli
Kim Pinnelli
Kim is a personal finance expert with a Bachelor’s degree in Finance from the University of Illinois at Chicago. She has been freelance writing for 13 years for a number of large publications. Kim thoroughly enjoys helping people take charge of their personal finances.