American Profit Recovery in Farmington Hills, MI

4.9/5

American Profit Recovery (APR) is a Farmington Hills, MI-based third-party debt collection agency. BBB A+ rated (not accredited). Specializes in medical, dental, and professional service debt collection. 3,400+ Google reviews.

Data compiled from public sources · Rating from CreditDoc methodology

From Free/mo BBB: A+ Free Consultation Visit Website

American Profit Recovery Review

American Profit Recovery (APR) is a third-party debt collection agency headquartered in Farmington Hills, Michigan, with additional offices in Franklin, Massachusetts and North Carolina. Founded in 2003, APR specializes in collecting past-due accounts from industries including medical and dental practices, banking institutions, professional trade services, lawn care companies, and other service-based businesses. Unlike debt relief or credit repair companies, APR is a collector — consumers do not choose to work with them. Instead, original creditors place delinquent accounts with APR for collection.

APR maintains a BBB A+ rating (not accredited) with a 100% response rate to BBB complaints, which is a positive signal for a collection agency. The company has approximately 3,400 Google reviews. The CFPB database shows only 5 complaints closed since August 2015, which is remarkably low for a national collection agency and suggests either small scale, good practices, or both. APR offers payment plans and settlement options for consumers willing to resolve their accounts.

Consumers contacted by APR should follow standard debt collection rights practices. Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request written debt validation within 30 days of first contact, dispute debts you believe are not owed, request that the collector cease communications, and negotiate settlement or payment plan terms in writing. APR's relatively clean regulatory record and low CFPB complaint volume distinguish it from larger, more aggressive collectors like Midland Credit Management.

If you are being contacted by a debt collector like APR, understanding your rights is essential. When evaluating debt relief companies, consumers should compare settlement programs against alternatives like debt consolidation loans, which combine multiple debts into a single fixed-rate payment. Credit counseling through nonprofit agencies offers free budgeting help without impacting credit scores. For those whose credit has already been damaged, credit repair services can address inaccurate negative items on reports. Personal loans for bad credit may provide funds for debt payoff at lower rates than credit cards, and credit monitoring services help track progress throughout the recovery process. Consolidating high-interest balances into a single installment loan with a fixed rate can reduce total interest paid and simplify monthly budgeting.

Services & Features

Business-to-business collection partnerships

Cash flow improvement consulting

Diplomatic negotiation and communication with debtors

Industry-specific collection strategies

Local/regional debt collection services

Low-cost collection programs

Medical practice debt collection (specialized)

Multi-industry collections expertise

National debt collection services

Feature Checklist

Mobile App

Online Portal

Score Tracking

Credit Education

Personal Advisor

Identity Theft Protection

Pricing Plans

Contingency Collection

Free /mo

No upfront fees — contingency-based pricing
National debt collection coverage
Skip tracing and debtor location
Multi-channel contact campaigns
Legal escalation when necessary
Online client portal for account tracking

Get Started

Pros & Cons

Pros

High Google review rating (4.9 stars from 3,805 reviews) with recent positive testimonials praising staff professionalism
Emphasizes diplomatic communication approach rather than aggressive tactics, per website messaging
Offers low-cost collection services positioned to maximize ROI for business clients
Serves multiple industries including medical practices, indicating specialized expertise
Provides both national and local debt collection capabilities
Staff members are individually named in customer testimonials, suggesting personalized service
Maintains educational resources including blog, FAQ, and video library about collections processes

Cons

This is a debt collection agency, not a consumer protection service—consumers contacted are debtors being pursued for payment
Website is designed for B2B (business clients hiring collection services), not for consumers seeking debt relief help
Mandatory FDCPA disclosures confirm this operates under debt collection regulations, meaning contact may be legally aggressive despite friendly messaging
No information provided about dispute resolution, debt validation rights, or consumer protections in their process
Limited transparency on collection methods, success rates, or actual fees charged to consumers

Rating Breakdown

Value

5.0

Effectiveness

5.0

Customer Service

5.0

Transparency

4.7

Ease of Use

4.5

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Frequently Asked Questions

Is American Profit Recovery legitimate?

Yes. American Profit Recovery is a registered company, headquartered in Farmington Hills, MI, founded in 2003. They hold a A+ rating with the Better Business Bureau.

How much does American Profit Recovery cost?

American Profit Recovery plans start at Free per month with no setup fee. No money-back guarantee is offered.

How long does American Profit Recovery take to show results?

Results vary by individual situation. Contact the provider to discuss expected timelines for your specific needs.

Quick Facts

Founded: 2003
Headquarters: Farmington Hills, MI
Employees: 51-200
BBB Rating: A+
BBB Accredited: No
Certifications: BBB A+ rating (not accredited) Offices in Michigan, Massachusetts, North Carolina Third-party debt collection agency Specializes in medical/dental, banking, professional services collection 100% BBB complaint response rate
Starting Price: Free/mo
Setup Fee: None
Free Consultation: Yes
Money-Back Guarantee: No

Visit American Profit Recovery

+1 800-711-0023 34505 W 12 Mile Rd Suite 333, Farmington Hills, MI 48331

CreditDoc Diagnosis

Doctor's Verdict on American Profit Recovery

American Profit Recovery is a debt collector, not a service you choose. However, as collectors go, APR has a relatively clean record: BBB A+ with 100% complaint response rate, and only 5 CFPB complaints since 2015 — far fewer than industry giants like Midland Credit Management. The medical/dental specialization suggests smaller account balances. If APR contacts you: (1) request written debt validation, (2) verify the debt is yours, (3) negotiate in writing, (4) consider settlement at 40-60% of the claimed balance. Do not ignore the contact — unresolved collections damage credit for 7 years.

CFPB Transparency Report

Public data from the Consumer Financial Protection Bureau

Issues Resolved: 90%
Timely Responses: 95%

Source: consumerfinance.gov | Last checked 2026-04-05

Best For

Consumers who have received collection notices from APR and want to negotiate a settlement or payment plan
Individuals whose medical, dental, or professional service debts have been placed with APR for collection
People who want to verify debt validity before paying a collection agency
Consumers seeking to resolve collection accounts to improve credit reports

Updated 2026-04-29

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Financial Terms Explained (14 terms)

New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.

How Loans Work

Default — Loan Default

When you fail to repay a loan according to the agreed terms — usually after 90-180 days of missed payments. It's the point where the lender gives up on collecting normally.

Why it matters

Default triggers severe consequences: credit score drops 100+ points, the debt may be sent to collections, you could be sued, and your wages or assets could be seized.

Example

You miss 4 consecutive car payments. The lender declares your loan in default, repossesses your car, sells it at auction for $8,000, and you still owe the remaining $5,000 (called a deficiency balance).

Legal Terms

CFPB — Consumer Financial Protection Bureau

A federal agency created in 2010 to protect consumers from unfair financial practices. They write rules, supervise financial companies, and handle consumer complaints.

Why it matters

The CFPB is your most powerful ally against predatory lenders. Filing a complaint with them gets a response from the company within 15 days — companies take CFPB complaints seriously.

Example

A debt collector calls your workplace after you told them to stop. You file a CFPB complaint online. Within 15 days, the collection agency responds and agrees to stop. The CFPB tracks complaint patterns across all companies.

FDCPA — Fair Debt Collection Practices Act

A federal law that limits what debt collectors can do. They can't call before 8am or after 9pm, can't harass you, can't lie, and must stop contacting you if you request in writing.

Why it matters

Knowing your FDCPA rights stops abusive collection tactics. If a collector violates the law, you can sue for up to $1,000 per violation plus attorney fees.

Example

A collector calls your workplace 3 times after you told them not to. That's 3 FDCPA violations. You hire a consumer attorney (free — they get paid by the collector). The collector settles for $3,000.

Garnishment — Wage Garnishment

A court order that requires your employer to withhold part of your paycheck and send it directly to a creditor. Usually happens after a creditor sues you and wins a judgment.

Why it matters

Federal law limits garnishment to 25% of disposable income. Some states have lower limits. Student loans and taxes can be garnished without a court order.

Example

You owe $8,000 on a defaulted credit card. The bank sues, gets a judgment, and garnishes your wages. On a $3,000/month net paycheck, they take $750/month until the debt is paid.

Statute of Limitations — Statute of Limitations (Debt)

A time limit (typically 3-6 years, varies by state) after which a creditor can no longer sue you to collect a debt. The debt still exists, but they lose the legal power to force payment.

Why it matters

Knowing your state's statute of limitations prevents you from being tricked into paying debts that are legally uncollectable. Beware: making a payment can restart the clock.

Example

You have a $3,000 credit card debt from 2019. Your state has a 4-year statute of limitations. In 2024, a collector calls demanding payment. The statute has expired — they cannot sue you.

Debt & Recovery

Chapter 13 Bankruptcy — Chapter 13 Bankruptcy (Reorganization)

A type of bankruptcy where you keep your assets but follow a court-approved 3-5 year repayment plan to pay back some or all of your debts. Stays on credit for 7 years.

Why it matters

Chapter 13 is better than Chapter 7 if you have a home or assets you want to keep. It can stop foreclosure and let you catch up on mortgage payments over 3-5 years.

Example

You're 3 months behind on your mortgage and have $30,000 in credit card debt. Chapter 13 stops foreclosure and puts you on a 5-year plan: you pay $600/month to catch up on the mortgage and pay 40% of the credit card debt.

Chapter 7 Bankruptcy — Chapter 7 Bankruptcy (Liquidation)

A type of bankruptcy that wipes out most unsecured debts (credit cards, medical bills) by liquidating non-exempt assets. It stays on your credit for 10 years.

Why it matters

Chapter 7 gives you a fresh start but at a steep cost: 10 years on your credit, difficulty getting loans, and you may lose assets. Income must be below your state's median to qualify.

Example

You have $45,000 in credit card debt and earn $35,000/year. Chapter 7 erases the debt. You keep exempt property (basic car, household items). Your score drops to ~500 but you're debt-free.

Charge-Off

When a creditor declares your debt a loss after 180 days of nonpayment and removes it from their books. But you still owe the money — they just stop expecting to collect it themselves.

Why it matters

A charge-off is one of the most damaging entries on your credit report and stays for 7 years. The debt is usually sold to a collection agency who will pursue you for it.

Example

You stop paying your $4,000 credit card. After 180 days, the bank charges it off and sells the debt to a collector for $800. The collector now contacts you demanding the full $4,000 (they profit from what they collect above $800).

Collections — Debt Collections

When an unpaid debt is transferred or sold to a third-party collection agency that specializes in recovering the money. Collection accounts appear on your credit report for 7 years.

Why it matters

Even a $50 collection account can drop your score 50-100 points. Some newer FICO models (FICO 9) ignore paid collections, but many lenders still use older models.

Example

An old $200 gym bill goes to collections. It appears on all 3 credit reports and drops your 720 score to 640. Paying it helps with newer scoring models but under FICO 8 (still widely used), a paid collection still hurts.

Debt Consolidation

Combining multiple debts into one single loan with one monthly payment, ideally at a lower interest rate. It simplifies repayment and can reduce total interest.

Why it matters

Consolidation works best when you get a lower rate than your existing debts. But it doesn't reduce what you owe — and extending the term can mean paying more total interest.

Example

You have: $5,000 at 22% (credit card), $3,000 at 18% (store card), $2,000 at 25% (payday loan). A $10,000 consolidation loan at 11% saves you ~$2,100 in interest over 3 years.

Debt Settlement — Debt Settlement / Negotiation

Negotiating with creditors to accept less than the full amount you owe — typically 40-60 cents on the dollar. Usually done after you've already fallen behind on payments.

Why it matters

Settlement can save thousands, but it severely damages your credit (settled accounts show for 7 years) and the IRS may tax the forgiven amount as income.

Example

You owe $15,000 on a credit card and negotiate a settlement of $7,500 (50%). You save $7,500 but: your credit drops 100+ points, the account shows 'settled' for 7 years, and you may owe taxes on the $7,500 forgiven.

DTI Ratio — Debt-to-Income Ratio

The percentage of your monthly gross income that goes toward paying debts. Lenders use it to judge whether you can afford another loan payment.

Why it matters

Most lenders want DTI below 36% for personal loans and below 43% for mortgages. Above that, you're considered overextended and likely to be denied.

Example

You earn $5,000/month gross. Your debts: $1,200 mortgage + $300 car + $200 student loans = $1,700/month. DTI = 34%. A new $400/month loan would push you to 42% — risky for lenders.

Judgment — Court Judgment (Debt)

A court ruling that says you legally owe a specific amount to a creditor. It gives the creditor power to garnish wages, freeze bank accounts, or place liens on your property.

Why it matters

Judgments are enforceable for 10-20 years (varies by state) and can be renewed. They give creditors far more collection power than a simple unpaid debt.

Example

A credit card company sues you for $8,000 and wins a judgment. They can now garnish 25% of your paycheck ($750/month on a $3,000 net salary) and freeze your bank account.

Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.

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