Arcon Credit Solutions LLC is a Woodbury, Minnesota company that its BBB listing describes as doing third-party collection of purchased consumer accounts receivable. If it contacts you, it is likely collecting an old account that a debt buyer now owns.
- Type
- Collection agency
- Also known as
- Arcon Credit Solutions LLC; Arcon Credit Solutions, LLC
- Headquarters
- Woodbury, MN
- Collects
- purchased consumer accounts receivable
- Website
- arconcredit.com
111 debt collection complaints were sent to the Consumer Financial Protection Bureau about Arcon Credit Solutions LLC from November 13, 2023 to November 12, 2026. A complaint is a consumer's account, not a finding that the company broke the law. Read the complaints in the CFPB database.
Who Is Arcon Credit Solutions?
Arcon Credit Solutions LLC is a limited liability company at 8425 Seasons Parkway, Suite 106, in Woodbury, Minnesota, a suburb of St. Paul. Its Better Business Bureau listing gives a start date of April 10, 2020, names a director of compliance, and describes the business as "third-party collection of purchased consumer accounts receivable." The same listing points to arconcredit.com as its website. We could open only the site's title page, which reads "Debt Resolution & Recovery," so we have not listed phone numbers or license details here. Use the contact information printed on your own letter.
Why Arcon Credit Solutions May Be Contacting You
Based on that description, Arcon works accounts that have already been sold by the original lender to a debt buyer. In plain terms, the company you borrowed from or opened the account with probably no longer owns it, and the current owner has hired Arcon to collect. The letter should identify three things: the original creditor, the current owner and Arcon as the collector. If any of those is missing or unfamiliar, that is a good reason to dispute before doing anything else.
How to Check a Debt Arcon Credit Solutions Says You Owe
With a debt that has changed hands, focus on the paper trail:
- Use the validation notice. Regulation F's model notice must list the creditor at the "itemization date," the current creditor, and every change in the balance since then (15 U.S.C. § 1692g; 12 C.F.R. § 1006.34). Compare that to your own last statement from the original company.
- Send a written dispute within the validation period and ask for the name and address of the original creditor. Arcon must stop collecting until it responds. See what a validation notice is.
- Ask for proof of ownership. Request the bill of sale or assignment that lists your account.
- Find the date of default. In Texas, a creditor generally has four years to sue (Tex. Civ. Prac. & Rem. Code § 16.004), and a debt buyer cannot sue on a consumer debt once that time is up (Tex. Fin. Code § 392.307). Other states use other deadlines, and a payment can have consequences, so check before you pay on an old account. See the Texas time-barred debt law.
What Arcon Credit Solutions Can and Can't Do
A company that collects accounts for a debt buyer is collecting debts "owed or due another," which makes it a debt collector under 15 U.S.C. § 1692a(6). Among the rules it must follow:
- It may not threaten a lawsuit on a debt that is too old to sue on, or that no one intends to sue on (15 U.S.C. § 1692e(5)).
- It may not misrepresent who owns the debt or how much is owed (15 U.S.C. § 1692e(2)).
- It may not contact you more than seven times in seven days by phone about one account (12 C.F.R. § 1006.14(b)(2)).
- It must honor a written request to stop contacting you, apart from limited notices (15 U.S.C. § 1692c(c)).
We did not find a CFPB enforcement action against Arcon Credit Solutions. If you have questions about an Arcon account, see our page on debt buyers or contact our FDCPA attorneys.
We Sue Debt Collectors That Break the FDCPA
Texas Debt Law files Fair Debt Collection Practices Act lawsuits against debt collectors in federal court for consumers in Texas, California, Illinois, Georgia and Colorado. If Arcon Credit Solutions or anyone collecting for it harassed you, misstated what you owe, threatened action it could not take, or told others about your debt, you may have a claim. A court can order a collector that violated the FDCPA to pay your actual damages, up to $1,000 in additional statutory damages, and your attorney's fees and costs (15 U.S.C. § 1692k(a)). An FDCPA claim generally must be filed within one year of the violation (§ 1692k(d)), so keep your letters, call logs, voicemails and screenshots, and talk to us early. Texas residents may also have claims under the Texas Debt Collection Act. Learn more from our FDCPA attorneys.
Free FDCPA Case Review(214) 851-2250
Or start your free case evaluation online. No lawyer can promise a result; every claim depends on its facts and proof.
Sources
- BBB business profile: Arcon Credit Solutions LLC (facts only)
- CFPB enforcement actions search: Arcon
- CFPB Consumer Complaint Database: Arcon Credit Solutions LLC, debt collection
This profile is general information compiled from public sources, not legal advice, and it does not state or imply that Arcon Credit Solutions has violated any law. Company details change; tell us if something here is out of date.