What is source receivables management?

Source Receivables Management is a collection agency that purchases debt for clients in diverse industries, including telecommunications; utility services providers; healthcare; retail credit card lenders, and banks and credit unions. As with most junk-debt buyers, Source RM is a frequent target of complaints from consumers and creditor organizations over its debt collection practices.

While it is rare for collection agencies to sue consumers, there are exceptions. If you have been contacted by a law firm representing Source Receivables Management, or have received a letter from the company stating that it intends to sue you, you should contact an attorney immediately.

We’ve handled many cases in which collection agencies report inaccurate or unverifiable debt on credit reports. These errors can negatively impact your credit utilization ratio, which is one of the most important factors in determining your credit score.

Disputes against Source Receivables Management can be a challenging process, but Credit Sage is here to help. We are able to review your accounts with the credit bureaus and determine if they are accurate or if there are any ways to get them removed from your reports.

Additionally, if you’ve been receiving robocalls from Source RM that sound pre-recorded or cut-off at the beginning and end of the message, you may have a Telephone Consumer Protection Act (TCPA) claim against the agency. Contact us today for a free, no-obligation consultation. We are here to help you navigate the complicated world of credit reporting and collections, so you can reach your financial goals.