ACEI is a debt collection agency situated in Alexandria, Virginia, USA. They are known as American Collection Enterprise, Inc. (ACEI) and have the legitimacy of providing debt collection services. ACEI identify themselves as a no collection, no fee debt collection agency which is risk-free.
When you read from their website, they indicate they understand the importance of bottom line and for that matter, they provide their customers with free financial services. Their activities are regulated by the Fair Debt Collection Practices Act, a federal law under the guidance of the Consumer Financial Protection Bureau.
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How ACEI Debt Collection works
This collection agency recovery debts by educating their clients on the need to settle their debts. ACEI report your account to the credit bureau after your account has been with them for a minimum of 60-days.
In the situation of medical debts, reporting your account would take 180 days from the time of service and has been with their company for a minimum of 60-days. Clients can also customize their own credit report time from 60-days to 90-days.
Services provided by American Collection Enterprise Inc.
When your account is reported for debt collection, ACEI enter your information into their system within 24-48 hours. There will also be a review process to check the accuracy of your information which could take up to 5 days.
Once every information is intact, the agency starts the process of collection until they close your account. Forms of debt collections offered by ACEI include;
- Medical (Anesthesia, Cardiology, Critical & Trauma Care, Dermatology, Emergency Medicine, Hospitalists, Neurology, Orthopedic, Pathology, Physical Therapy, Primary Care, Radiology & Surgeons).
- Dental (General, Cosmetic, Pediatric, Orthodontics & Surgery).
- Hospital (In-Patient, Out-Patient & Self Pay) & Out-Patient Surgical Centers.
- Commercial (Business to Business)
- Banking (Credit Card, Secured / Unsecured Loans, Deficiency Balances etc.).
- Dishonored Checks.
- Utilities (City & County).
- Landlord/Tenant/Real Estate.
- Rental Cars / Schools / Tuition.
- Personal Services such as child care and HVAC repair.
ACEI process consumers payment through ACH, American Express, Mastercard, and Visa. In addition, we can accept payment via Western Union Quick Collect and MoneyGram.
Skip-Tracing and Data Acquisition
ACEI collects data by verifying client address with the U.S. Portal Services’ Change of Address Database.
ACEI deals in credit report to the credit bureau. When your account hits the “rock” for reporting, it is automatically eligible to be reported to Nation’s Leading Credit Bureaus – Equifax, Experian and TransUnion. These bureaus keep the largest databases of consumer credit information in the United States, Puerto Rico, Canada and the U.S. Virgin Islands.
Pre-collect and other services
American Collection Enterprise Inc also offer pre-collection services to allow clients our account early in the recovery cycle.
In conclusion, it isn’t noticed that when a credit report is on your account it affects your credit score. However, many websites indicate that removing Acei Debt Collection from your credit report can help improve your score by over 30+ points.