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Settle Debt with Global Payments Check Services

Dena Standley | April 23, 2024

Dena Standley
Legal Expert, Paralegal
Dena Standley, BA

Dena Standley is a seasoned paralegal with more than 20 years of experience in legal research and writing, having received a certification as a Legal Assistant/Paralegal from Southern Technical College.

Edited by Hannah Locklear

Hannah Locklear
Editor at SoloSuit
Hannah Locklear, BA

Hannah Locklear is SoloSuit’s Marketing and Impact Manager. With an educational background in Linguistics, Spanish, and International Development from Brigham Young University, Hannah has also worked as a legal support specialist for several years.

Summary: A credit report entry from Global Payments Check Services means you owe a debt to a creditor, or there was a wrongful entry. Send a Debt Validation Letter to acquire more information about the debt and the lender.

Global Payments Check Services (GPCS) provides technological services that assist their clients in collecting money from consumers. They also follow up on accounts their systems flag as delinquent. The advanced technology they use makes it hard for consumers to deny they owe the debt. However, the information they receive from the creditors can contain errors that eventually harm your credit score.

Once you receive calls from Global Payments Check Services or see an entry on your credit report, you must investigate to confirm whether the information is accurate. This article will provide the information you need as you strategize how to salvage your debt situation with Global Payments Check Services.

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What is Global Payments Check Services

Global Payments Check Services is primarily a payment processing company and a third-party debt collection agency in Niles, Illinois. It was founded in 1964 and incorporated in 2018. Global Payment Check Services provides various services and technology to help companies with their debt collection efforts. These services include:

  • Industry-specific software to maximize operations in various departments
  • Business tools such as email marketing and analytics and merchant portals
  • Employee payments and management
  • B2B accounts payable and receivables

When you have a debt with a financial institution that uses these services, they will transfer you to their account receivables department. You will begin receiving communication from their representatives asking you to update your payments. Most lenders transfer the accounts after 90–180 days of failing to make payments.

Stop Global Payments Check Services calls using a Debt Validation Letter. Learn more from the following video.

Federal laws protect you from debt collectors like Global Payments Check Services

Big companies like Global Payments Check Services can intimidate consumers, but fortunately, various laws have been enacted to protect consumer rights. They include the following:

Fair Credit Reporting Act (FCRA)

The FCRA keeps the debt collection agencies in check to ensure they report accurate information on your credit report. It also gives you the provision to dispute inaccuracies with credit bureaus. According to these laws, GPCS should not:

  • Report debt as charged off, and the consumer settled it
  • Enter a debt that doesn't belong to you on your credit report
  • Add outdated debt information
  • Add inaccurate balances and payment history
  • Re-age a consumer's account to continue collecting

Telephone Consumer Protection Act (TCPA)

The top complaint for consumers is usually the annoying robocalls or pre-recorded messages they receive. TCPA puts strict guidelines against companies abusing telecommunication services on consumers. These laws limit companies from:

  • Placing unending calls using robocalls, and you did not consent to it
  • Calling a consumer when they have registered on the do-not-call registry
  • Calling countless times from pre-recorded voices or automatic telephone dialing systems.

Fair Debt Collection Practices Act (FDCPA)

FDCPA guidelines provided under this act protect consumers from unfair or deceptive debt collection practices. The provisions state that GPCS should not:

  • Inform your friends, colleagues, and family members of your debt
  • Threaten to take your sensitive documents if you do not pay
  • Use abusive language when attempting to connect
  • Falsify or lie to you about the action they will take if you do not pay

Respond to a debt collection lawsuit.

Does Global Payments Checks Services harm my credit score?

Yes, an entry by GPCS on your credit report can significantly harm your credit score. It often indicates that you have an outstanding debt you still need to pay. It is even worse if a third-party debt collector has made the entry because it shows a prospective lender that you have a history of non-payment to warrant a transfer to a collection agency.

A negative entry can stay on your credit report for seven years. Although its effects reduce as the years progress, it still impacts your overall credit score.

How to remove errors from GPCS on your credit report

A wrongful entry on your credit report can be devastating, especially if you are working to improve your credit score. Several reasons can cause this error to occur. It could be a case of mistaken identity, GPCS may have received the wrong information from the creditor, or there was a mix-up as GPCS transferred the information onto their system. Here are the steps to take to remove the error from your report:

  1. Request your credit report from the three credit bureaus and highlight all the areas with errors.
  2. Gather evidence, such as bank statements, receipts, invoices, and canceled orders, to support your claim.
  3. Write a dispute letter and attach the highlighted sections and the evidence gathered.
  4. Send the documents to the three credit bureaus and GPCS.
  5. Wait for a response that often comes within 30 days of sending the letter.

The three credit bureaus may contact GPCS as they conduct their investigations. Based on their findings, they will either remove the debt from the credit report or correct the errors.

Negotiate debt settlement with Global Payments Check Services

If you have a genuine debt with GPCS and have confirmed the details are accurate, negotiating for a settlement can be a great way to get out of debt. The concept is to approach the creditor with an offer to settle the debt for less than you owe. However, you must commit to making a lump sum payment and promise to pay the balance within a short period.

Creditors often welcome the idea of a settlement offer if they conclude that you may ultimately fail to pay the debt—they would rather settle for less. In other situations, they agree to the arrangement after investigating and finding that you do not have the means to make full payment. SoloSettle is an online tool that can help you approach the creditor for settlement while ensuring your financial and personal information is well protected.

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FAQs about Global Payment Check Services

What are Global Payment Check Services reviews and complaints?

Global Payment Check Services doesn't have many reviews online because most of its reviews are listed under its parent company's name, Global Payments Integrated.

However, the Consumer Financial Protection Bureau reports dozens of complaints against Global Payment Check Services. These complaints report concerning debt collection practices used by the company, like excessive collection calls, collecting on fraudulent debts, contacting consumers after being asked to stop.

Let's take a look at a real Global Payment Check Services complaint:

"I called to get documentation on the listed debt. There is no phone number listed on my credit report with the company, I sent a letter to the address to the address and have not received a response. I disputed and the debt remains."

What is Global Payment Check Services phone number?

The Global Payment Check Services phone number is 1-800-638-4600 extension 410. You can call this number to get a free annual FACTA report.

Who does Global Payment Check Services collect for?

Global Payment Check Services collects for creditors from many types of industries.

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