How to Remove Dynamic Recovery Solutions from Your Credit Report (For Real)

Credit
Updated: 20th Jan 2021
Written by Kim Pinnelli
Share this article
Destiny Mastercard® Review: Is It a Good Option?
Dick’s ScoreRewards Mastercard Credit Card Review
Credit
November 6, 2020
Written by Kim Pinnelli

Disclaimer: This post contains references to products from one or more of our advertisers. We may receive compensation (at no cost to you) when you click on links to those products. Read our Disclaimer Policy for more information.

Is Dynamic Recovery Solutions showing up on your credit report? Maybe you received a letter from them in the mail. Either way, it’s not good, and you need to know how to remove Dynamic Recovery Solutions from your credit report.

If you leave it there, the collections account will kill your credit score and scare away future lenders. I’ve outlined the steps below to remove Dynamic Recovery Solutions from your credit report (for real).

Are you ready to dive in? Let’s go!

What is Dynamic Recovery Solutions?

Dynamic Recovery Solutions is a debt collection agency. If you defaulted on a debt and they bought it, you’ll hear from them.

They try to get you to pay the debt in full to satisfy the creditor. In reality, you satisfy Dynamic Recovery Solutions. They already paid your original creditor (pennies on the dollar mind you).

Keep that in mind as you work through your collection with them. You don’t (and shouldn’t) pay them the full amount.

Initially, you shouldn’t pay them anything. Instead, you should take the steps below to dispute, negotiate, and get rid of this debt.

Why is Dynamic Recovery Solutions Contacting Me?

Chances are you defaulted on some type of debt, whether credit card debt, loan debt or medical debt for more than 90 – 120 days. The creditor wrote it off as ‘bad debt’ and sold it to Dynamic Recovery Solutions for less than its value.

There is the off chance that Dynamic Recovery Solutions is contacting you mistakenly or what they’re reporting is outside the statute of limitations.

That’s why you must take the steps below to get to the bottom of it, and possibly get it off your credit report without paying anything.

Is Dynamic Recovery Solutions a Real Company?

Dynamic Recovery Solutions is a real company. They’ve been in operation for 12 years and are a medium-sized collection agency.

They typically don’t break the law – they operate within the guidelines they are supposed to, but that doesn’t make it okay to have them reporting on your credit report.

How to Remove Dynamic Recovery Solutions from Your Credit Report (4 Simple Ways)

If Dynamic Recovery Solutions is on your credit report, you need to get them off. If the debt is legit (we’ll get into that below), you have options still. You can negotiate with them (which I recommend).

You may not get the debt off your credit report completely, but if you can at least get it reporting paid as agreed or something along those lines, it looks better to future creditors.

Your goal, however, should be to remove it altogether. Here’s how.

1. Professional Removal (Hire a Credit Repair Company)

Hire a credit repair company. Don’t hire just any company, though, make sure they are legit and GOOD at what they do. They aren’t cheap, but when the best credit repair companies do their job right, they can move mountains.

A reputable credit repair company (like Credit Saint) will dispute the collection every which way they can. They look at the smallest details – details we would never think to look at and dispute them.

If the collection agency can’t validate what they dispute – BAM, they have to take it off your credit report.

Learn More: Credit Saint Review

2. Write Debt Validation letter

If you don’t want to hire a credit repair service, I get it. Adding another expense may not be in the cards right now. Then you’ve got some work to do.

Start with a debt validation letter. Do this fast. You have 30 days from the date they first contact you. Write a formal letter that asks Dynamic Recovery Solutions to validate every bit of your account.

Ask about the original credit, the balance, the date it was charged off, and more. Ask for valid proof of everything. If they can’t supply it, they have to remove the tradeline from your credit report.

3. Politely Ask for Goodwill Deletion

If they validate the debt, it’s time to break out your best manners. Asking for a goodwill deletion is serious business. Dynamic has no obligation to agree. You did the crime, and now you have to do the time.

But you don’t. If you ask nicely and bring up the fact that you have a good payment history. Maybe you fell ill or were on vacation, and the bill got away from you.

Be honest, be sincere, and cross your fingers. Maybe they will delete the collection if you pay what you owe in full.

4. Negotiate a Pay for Delete Agreement

If the goodwill deletion doesn’t work or you don’t think you deserve it, negotiate a pay for delete agreement.

Don’t agree to pay the full amount. Still negotiate your payment, but the agreement should include Dynamic Recovery Solutions deleting the collection from your credit report.

If they agree, get it in writing. Never agree to anything verbally – it won’t hold up anywhere.

How Does Dynamic Recovery Solutions Work?

It’s simple. If you default on your debt and Dynamic Recovery Solutions buys it, they contact you. Typically, it’s a letter in the mail, or they may call you.

If they call you, politely ask them to reach out to you in writing. You need to see everything for yourself.

They may continue calling, emailing, or sending you letters. They can’t harass you, and Dynamic is usually pretty good about it. But they won’t give up – they want their money.

What Consumer Rights Protect Me from Dynamic Recovery Solutions?

Fortunately, the Fair Debt Collections Practices Act protects you. Again, Dynamic can’t harass you, go out of their way to contact you or use means outside of the law.

If you feel your rights were violated, file a complaint with the Consumer Financial Protection Bureau.

Can Dynamic Recovery Solutions Sue Me?

Dynamic Recovery Solutions can sue you, but it’s not likely. If they do, they could get a judgment that would allow them to seize your assets and/or garnish your wages.

That’s why hiring a reputable credit repair service is important. They can dispute the debts before it gets to this point and makes sure your rights aren’t violated.

Dynamic Recovery Solutions Complaints: What Are Consumers Saying?

Consumers complain about Dynamic Recovery Solutions because they are a collection agency. No one likes them, and can you blame them?

Most consumers complain that the accounts are inaccurate or that Dynamic doesn’t respond to their debt validation requests.

Read: Best Credit Monitoring Services

Can You Remove Dynamic Recovery Solutions from Your Credit Report?

It’s hard work to remove Dynamic Recovery Solutions from your credit report. Once it’s there, it hurts your credit score quite a bit and stays there for 7 years.

If you can remove it due to inaccurate or unfair reporting, though, you’ll be in a better position.

Dynamic Recovery Solutions Contact Information:

  • Mailing Address:135 Interstate Blvd, Greenville, SC 29615
  • Phone Number: 1-877-821-1659

Wrapping Up: How to Remove Dynamic Recovery Solutions from Your Credit Report

Go through each step to remove Dynamic Recovery Solutions from your credit report. If you can’t do it yourself, I highly recommend hiring a legit credit repair service.

You need someone to look over your credit report, dispute every little detail about the tradeline, and get it off your credit report as quickly as possible before it takes your credit score down so low that it takes years to recover.

Other Debt Collectors:

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.