![]() ![]() A debt collector is more likely to grant you a goodwill deletion if you are in good standing with your current creditor. You may be able to get the collection entry removed from your credit report by asking for a goodwill deletion.Ī goodwill deletion is when a debt collection agency deletes an entry from your credit report out of goodwill. If you have already paid the debt to Phoenix Financial Services, you may be worried that you don’t have any bargaining power. Here are the fundamental steps to take to remove Phoenix Financial Services from your credit report and get your credit score back on track. The only way to prevent extensive damage from Phoenix Financial Services to your credit report is to remove their entry as soon as you can. How to Remove Phoenix Financial Services from Your Credit Report Most debt collectors have complaints against them, but Phoenix Financial Services certainly has more than average. The majority of these complaints are concerning harassment, failure to validate debts, and inaccurate reporting, all of which violate the Fair Credit Reporting Act (FCRA) and the Health Insurance Portability and Accountability Act (HIPAA). ![]() There are roughly 950 complaints filed with the Consumer Financial Protection Bureau (CFPB) and over 300 with the Better Business Bureau (BBB.) They may be listed on your credit report under various names, including ‘phnx finan’, ‘phoenix financial’, ‘phoenixfinancialsvcs’, or ‘phoenix pendrick.’ Phoenix Financial Complaintsĭespite only being six years old, Phoenix Financial Services’ complaints range in the high levels. They specialize in collecting debts from things like medical bills, student loan debts, and government obligations. Originally founded in 2014, Phoenix Financial Services is a small debt collection agency out of Indianapolis, Indiana. Learn how to remove Phoenix Financial Services from your credit report and boost your score in the article below. This means negotiating with the debt collector, which many people don’t know how to do. It is important to remove any negative mark on your credit report as soon as you can. For example, you may even be turned down for loans and credit cards because of it. Have you noticed a company called Phoenix Financial Services on your credit report or received phone calls from them to collect on a debt?Ĭollection accounts on your credit report can have a significant negative impact on your credit score for up to seven years. How To Remove LCA Collections From Your Credit Report ![]()
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