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Settle Debt With Holloway Credit Solutions

Sarah Edwards | April 23, 2024

Sarah Edwards
Legal Expert
Sarah Edwards, BS

Sarah Edwards is a professional researcher and writer specializing in legal content. An Emerson College alumna, she holds a Bachelor of Science in Communication from the prestigious Boston institution.

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: Have you been sued for a debt by Holloway Credit Solutions? Debt lawsuits can be serious, but there’s still hope if you want to avoid a court judgment. If you settle your debt with SoloSuit, you can put your debt behind you for good — and maybe even pay less than you originally owed.

Facing mounting debt is hard enough. But when you get a notice that you’re being sued for a debt, it’s even worse. Still, you shouldn’t give up hope for a positive outcome. If you act quickly and have a strategy in place, you can avoid court orders and wage garnishments.

Have you been sued by Holloway Credit Solutions? Here’s how to settle your debt with this collector once and for all.

Settle debt with Holloway Credit Solutions.

You can negotiate debt settlement at any stage of the collections process. SoloSettle makes it easy.

Settle with SoloSettle

What is Holloway Credit Solutions?

Holloway Credit Solutions is a debt collection agency located in Alabama that collects for companies and organizations that issue several types of debt, including:

  • Medical.
  • Commercial.
  • Utilities.
  • Retail.
  • Education.

Founded in 1900, Holloway Credit Solutions is one of the oldest debt collectors in the state. You can contact the company at the Holloway Credit Solutions phone number or one of its addresses below:

  • Phone number: 800-206-3073
  • Headquarters: 1286 Carmichael Way, Montgomery, AL 36106-3645
  • Dothan location: 3201 Montgomery Hwy Ste 5, Dothan, AL 36303
  • Mobile location: 4362 Midmost Dr Ste A, Mobile, AL 36609

Keep these Holloway Credit Solutions reviews in mind

According to Google reviews, Holloway Credit Solutions has a 1-star rating.

On its Better Business Bureau (BBB) profile, Holloway Credit Solutions has had dozens of complaints in the last three years. The Consumer Financial Protection Bureau (CFPB) database also shows hundreds of complaints against Holloway Credit Solutions.

These complaints cover a wide variety of issues, and claim that Holloway Credit Solutions:

  • Tries to collect invalid debts that either don’t belong to the complainants or that have already been paid
  • Fails to validate debts when asked
  • Reports previously paid debts to the credit bureaus under a slightly different creditor name
  • Calls consumers repeatedly

Make Holloway Credit Solutions verify your debt.

Here’s what to do if you’re sued by Holloway Credit Solutions

Fortunately, debt collectors don’t turn to lawsuits immediately. However, if Holloway Credit Solutions has tried contacting you for long enough, they might file a lawsuit against you in an effort to collect the debt.

Getting a lawsuit Summons in the mail is stressful, but ignoring it can make the situation much worse. If you don’t respond to a lawsuit by filing an Answer letter in the allotted time frame — usually 20-30 days, depending on where you live — the court will likely issue a default judgment against you.

Essentially, this means that if you don’t respond in time, the debt collector wins automatically. You really don’t want that to happen!

If you have a judgment against you, Holloway Credit Solutions can ask the court to garnish your wages or take money right out of your bank account. But if you can settle your debt before getting a court judgment, you keep your options open for negotiation.

To see why this matters, let’s look at an example.

Example: Benny and Joseph each receive a lawsuit Summons from Holloway Credit Solutions. Benny decides to ignore the summons and hope the debt goes away. The court issues a default judgment against him, and within a month, part of his paycheck is being withheld to pay the debt. Joseph decides he wants to keep his options open, so he uses SoloSuit to send an Answer letter. However, going all the way to trial isn’t a great option for Joseph or the debt collector, so Joseph decides to try to settle the debt. He uses SoloSettle and offers to pay a little more than half the debt immediately if Holloway Credit Solutions agrees to drop the lawsuit. It works, and Joseph can now move on with his life with a new peace of mind.


Negotiate a settlement

If you’ve been sued by Holloway Credit Solutions, you need to send an Answer letter to buy yourself some time and to let the courts and the collector know you’re willing to engage. What next?

Almost no debt lawsuits make it into a courtroom, and in almost every case, it’s best to settle outside of court. At this stage, it’s too late to simply search for “Holloway Credit Solutions pay bill” and just make a simple payment — once you’ve been sued, you need to negotiate with the company.

As a general rule of thumb, it’s good to start the negotiations by offering to pay 60% of the debt and go from there. If you use SoloSettle by SoloSuit, you’ll get negotiation help without having to deal directly with Holloway Credit Solutions.

Start the settlement process right now with SoloSettle!

Settle with SoloSettle

Make an Offer

After paying the bill, how long does it take to be reported to credit?

Collection accounts generally stay on your credit report for seven years. You might be stuck with a mark from Holloway Credit Solutions for a bit, but having a collection marked as “paid” at least makes things a little better. Most credit bureaus update once per month.

Make settling simple with SoloSuit

Navigating debt lawsuits can be overwhelming. If you’ve been sued for debt, there’s no need to add to your stress by trying to figure out the settlement process on your own. When you use SoloSuit, settling can be quick and easy. If you’re ready to finalize your debt and move on with a clean slate, we can help — reach out to SoloSuit today!

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