Introduction to Alco Collections

Established in 1987, Alco Collections, Inc.‘s staff has many years of experience in the collection business. They can effectively process accounts from small to large volume providers at a competitive rate.

Choosing a professional collection service to manage your delinquent accounts and other related tasks can be a wise decision, but where do you start? You want an agency that will represent your organization in a responsible and professional manner, and one that provides a satisfactory rate of recovery while maintaining your public image. This decision involves more than just giving your business to the lowest bidder – it requires careful consideration.

Their company is a professional award-winning collection agency that specializes in the collection of felonious accounts.

They also offer a unique accounts receivable management service, which will help offset the costs of servicing high volumes of clients. Their accounts receivable management service will save your company thousands of dollars in salary expenses. They offer great rates and fantastic results.

the Gulf South region since 1987, they specialize in contingency collections. With on staff attorneys, no amount is too small OR large.

No charge unless they collect!

The current competition among collection services is good for you as the client. This competition contributes to a more professional and efficient industry. By carefully evaluating your company’s needs, as well as the capabilities of the collection services available, you can maximize your accounts receivable income and ensure that your customers are handled properly.

Mission Statement

Alco Collections, Inc. a collection agency domiciled in Baton Rouge, Louisiana, they assume responsibilities to their industry, customers, consumers and the public at large. In doing so they strive to:

  • Maintain the highest standards of business conduct by using only legal and ethical means in all business activity.
  • Actively promote and encourage the highest level of integrity within the industry.
  • Cooperate in every reasonable and proper way with other members of the credit and collection industry.
  • Be fair and respectful to employees, associates, competitors, customers, the public and employer(s), in all business or professional relationships.
  • Adhere to honesty and integrity in advertising and in all representations to the public concerning credit and collection industry products and services.
  • Commit to the development and use of the highest standards and practices for processing and handling consumer and customer disputes.
  • Observe all applicable laws, regulations, and rules pertaining to the processing and handling of accounts receivable.

Alco Collections Contact Details

Address

: 14635 S Harrells Ferry Rd, Baton Rouge, LA 70816, USA

Phone

: +1 225-751-5660

Customer Reviews of Alco Collections

Read the below mentioned BBB review in which the customer complains about the poor customer service of the company, wherein they don’t return phone calls:

Read the next BBB review in which the customer came across their weird behavior by not answering the phone calls properly:

Read the next BBB review in which the customer suffering from Parkinson’s disease came across the rude behavior of the representative despite high medical expenses was to settle the debts with the company kindly:

Harassment by Alco Collections

  • Using abusive or bad language. Hang up if they swear at you, call you names, or speak to you abusively.
  • Calling you an unreasonable number of times. They cannot keep calling over and over until you pick up.
  • Calling you before 8 a.m. or after 9 p.m.
  • Calling you at work if you have asked them to stop.
  • Threatening to harm you, your property, your reputation, or someone else.
  • Threatening to tell someone about your debt.
  • Talking to others about your debt without your permission.
  • Saying that they will sue you when they do not plan to.
  • Lie about who they are or pretend to be a lawyer or the government.
  • Suggesting that you have committed a crime, that you will be arrested, or that you will go to jail if you don’t pay.
  • Lying and saying that the papers they sent you are legal papers from the court.
  • Suggesting that they can take your benefits money (such as Social Security disability, pension, retirement, child support, alimony, or other protected funds).
  • Asking you to pay more than you owe.
  • Sharing your debt information in other ways. For example,
  • Sending you a postcard with information about your debt,
  • Putting anything on an envelope that indicates the letter inside is about your debt,
  • Printing information about your debts in newspapers or magazines, or
  • Making you accept collect calls or pay for telegrams.

How to Handle Alco Collections?

Filing a Complaint Against a Collection Agency

First, get proof of the actions that the collection agencies are taking. You may be able to record telephone conversations without their knowledge, depending on your state’s wiretapping laws.

If you live in one of the following states, you cannot record the conversation without notifying the collection agent: California, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Montana, New Hampshire, Pennsylvania, and Washington.

If you live in one of the states listed above, have a witness to listen in during the conversations so you have someone who can corroborate what was said.

Once you have proof, file a complaint with the Federal Trade Commission (FTC) at this site.

The FTC keeps a list of debt collection agencies that are banned due to illegal collection activity. At the time of this writing, there were more than 100 firms on the list. If one of these firms is contacting you, they are in clear violation of the law.

How Can Debt Academy Help You?

Debt Academy negotiates with your creditors to accept a lump sum payment that is less than the debt balance owed. You’ll make monthly payments to a third-party savings account. Once you’ve accumulated enough cash, those funds will be used to pay off the negotiated amount. Debt settlement programs of Debt Academy provide some advantages as follows:

Providing Industry Experience

If you find yourself in deep debt, you might not have much experience dealing with creditors to become debt free. Working with Debt Academy can put that experience on your side. Debt Academy knows how much each creditor is willing to settle for, and what terms they will agree to at different points in the process. On the contrary, a consumer who tries to begin negotiation on his own debt relief might end up with a bad deal.

Lowering the Amount of Your Debt

Debt Academy reduces the total amount of your debt. On the other hand, credit counseling services usually decrease your payments, but not the total primary amount that you owe. So, to make a bigger amount of debt more convenient, look for Debt Academy that can minimize the debt amount.

Reducing Multiple Debts to a Single Monthly Payment

Rather than making payments every month to each creditor, you pay a monthly payment to the savings account. This can help you focus on a single payment every month so that you don’t stake up late payment fees just because you’re weighed down with the costs.