Immediate Credit Recovery Inc or ICR is a debt collection agency which receives a lot of consumer complaints to our law firm for debt harassment. Find out who they are, why they might be calling, and how you can stop them.
What is Immediate Credit Recovery?
Immediate Credit Recovery or ICR is a third-party collection agency specializing in student loan debt. ICR has received many complaints from consumers alleging violations of the Fair Debt Collections Practices Act (FDCPA) such as using inappropriate communication tactics and making threats. If you have been contacted by ICR regarding a delinquent debt, make sure you know your rights before responding.
Have questions? Call us now at 475-277-1600 for a Free Case Evaluation.
Our services are absolutely FREE to you.
The harassing company pays our fees.
Is Immediate Credit Recovery a scam?
They’re legit. According to the Better Business Bureau (BBB), Immediate Credit Recovery is a legitimate collection agency founded in 1990, incorporated in New York state in 1998, and has a headquarters located in Georgia. The BBB opened its file on ICR in 2010. Buzzfile estimates Immediate Credit Recovery’s annual revenue at $8.1 million.
Who does Immediate Credit Recovery collect for?
Immediate Credit Recovery serves creditors who issue loans or extend credit for higher education and healthcare as well as government and commercial clients. They cite as strengths their “excellent management oversight, zero-tolerance complaint program, exceptional customer service, advanced borrower privacy and data security safeguards, on-line account review and reporting and cutting-edge technology.”
In its mission statement, ICR has made a commitment to providing “superior debt recovery services while maintaining the highest level of professionalism and respect for all parties involved.” They have made a “pledge to ensure that all consumer debtors maintain their dignity and self-worth throughout the assistance being provided to them in resolving their outstanding debts.”
Immediate Credit Recovery homepage features a resource center that provides information for site visitors about information related to debt collection and lending. There are links to pages on the Federal Trade Commission’s (FTC) website about the FDCPA and the Fair Credit Reporting Act (FCRA). There are also links to websites with skip-tracing tools, student loan servicers, and other legal references. However, ICR’s website does not include much information about its own compliance policies. The Client Links tab provides access to web portals for commercial clients. The consumer site is reduced to a link at the bottom of the Contact tab and leads to a page that allows consumers to make online payments.
Who are we? We are Lemberg Law, a Consumer Law Firm
Lemberg Law is a consumer law firm helping victims of collection harassment and abuse. We are ranked A+ by the BBB. We’ve helped more than 15,000 consumers stop harassment and recover money from debt collectors. Harassed? Abused? Misled by a collector? Call our Helpline today! There is no charge unless we win.
How many complaints are there against Immediate Credit Recovery Inc – ICR?
The BBB has closed 36 complaints against Immediate Credit Recovery in the past three years, with 19 closed in the past twelve months. Most of the complaints allege problems with billing and collection; other complaints focus on problems with customer service. There are also 2 negative customer reviews.Since June 2015, the Consumer Financial Protection Bureau (CFPB) has logged 26 complaints against ICR alleging violations that include illegal disclosure of information, failure to verify debts,improper communication tactics, and making threats. Justia lists at least 5 cases of civil litigation naming ICR as a defendant.
Immediate Credit Recovery, Inc. 3330 Chastain Meadows Pkwy NW, Ste. 100 Kennesaw, GA 30144-5881 Telephone: (866) 401-7188 Website: http://www.icrcollect.com/
Can Immediate Credit Recovery Sue Me or Garnish My Wages?
It is illegal for a debt collector to make empty threats to sue you or garnish your wages. It is also unlikely ICR would sue you for a debt you may not owe or they cannot validate. However, debt collection agencies are known to have summoned debtors to court and garnish wages after a default judgement. Contacting an attorney BEFORE this could possibly happen would be a smart move. We’ve helped thousands of consumers fight back against unscrupulous debt collection harassers. Find out if we can help you too today!
In November 2014, in United States District Court for the Middle District of Florida, Fort Meyers Division, a judge issued an Order in the matter of a complaint alleging ICR had violated provisions of the FDCPA that prohibit the use of false or misleading information as well as the Electronic Funds Transfer Act (EFTA) for failing to obtain written authorization prior to withdrawing payments. The plaintiff prevailed in her argument that because ICR sent several collection letters to her stating repayment terms that contradicted the oral agreement she had already established, and which was already being implemented, they violated the FDCPA’s provision against “false, deceptive, or misleading representation or means in connection with the collection of any debt.” The plaintiff also successfully argued that ICR’s failure to establish recurring authorization of electronic funds transfer from her bank account violated the EFTA. A third charge attempted to establish ICR’s liability for violating the FDCPA’s provisions against “unfair or unconscionable means to collect or attempt to collect any debt,” but failed because she could not establish that oral agreements to withdraw funds legally constituted a “postdated payment instrument.”
Immediate Credit Recovery ICR Calling You?
Federal laws protect you. The Fair Debt Collections Practices Act (FDCPA) regulates the behavior of collection agencies by prohibiting actions such as the use of abusive or threatening language; harassment; or the use of false or misleading information to collect a debt. The FCRA regulates how collection agencies and creditors report delinquent debts to credit reporting agencies. Additional consumer protection laws include the Telephone Consumer Protection Act (TCPA) and the Consumer Financial Protection Act (CFPA).
Can I sue ICR for harassment?
Yes. If you want to enforce your rights, or recover money for violations — you need to sue. Federal laws provide individuals like you with a means to seek monetary damages in court. For example, the FDCPA allows consumers who have been violated to recover damages of up to $1,000, plus attorney fees and court costs.
Want to Stop Immediate Credit Recovery Debt Collection Harassment Now?
“I would recommend your firm to anyone. You got the debt collectors off my back, and I can finally see the light at the end of the tunnel. Throughout the whole process your staff were professional and courteous. I was blown away by their efficiency as well. Thank you guys so much!”
“I just wanted to take a moment to say thank you! Being in debt is hard enough without being harassed by collection agencies, but thanks to you I no longer have to be a victim. I did not know what to expect when I emailed your company, but from the beginning you guys were on the ball.”
“I would like to thank you and your staff for all the help you’ve provided to me. Honestly, you have a wonderful staff that has dealt professionally and been very empathetic at a time in my life when I hit a speed bump.”
Can You Help Me Delete Immediate Credit Recovery – ICR from My Credit Report?
Chances are good that we can help. Call us today and we’ll explain.
Share your story
Have you had a bad experience with this agency’s debt collectors? Sound off and share your experience with other visitors in the comment box below.
About the Author:
Sergei Lemberg is a lawyer whose practice focuses on consumer law, class actions and personal injury litigation. He has been repeatedly recognized as the “most active consumer attorney” in the country. In 2020, Mr. Lemberg represented Noah Duguid in the United States Supreme Court in the case entitled Duguid v. Facebook. He is the author of Defanging Debt Collectors, a book that teaches consumers how to battle debt collectors and win.