Who is Accelerated Financial Solutions?
Accelerated Financial Solutions, LLC (AFS) is a debt collection agency with its primary location in Greenville, South Carolina, and an additional office in Raymondville, Texas.
As part of their services, AFS manages and collects past due accounts for businesses. If you come across AFS or variants such as “accl fin sol,” “afs collections,” or “accelerated financial” on your credit report, it signifies an outstanding debt that you have not yet repaid.
Who does Accelerated Financial Solutions collect for?
Accelerated Financial Solutions is not only a debt collection agency but also an active debt buyer. This means they may purchase debts from original creditors for a fraction of the amount owed, then work to recover the full debt from the debtor. As such, they collect for a variety of sectors, which could include credit card companies, banks, healthcare providers, utility companies, and more.
Is Accelerated Financial Solutions legit or a scam?
Accelerated Financial Solutions is a legitimate debt collection company. However, their debt collection practices can involve frequent calls, texts, or emails, which some consumers may find intrusive or excessive.
How can I remove Accelerated Financial Solutions from my credit report?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
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Accelerated Financial Solutions (AFS) Contact Information
Address:
Accelerated Financial Solutions, LLC
25 Woods Lake Rd Ste 507
Greenville, SC 29607
Phone number: (866) 246-8778 or (864) 991-3211
Should I contact or pay Accelerated Financial Solutions?
Before contacting a debt collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with Accelerated Financial Solutions is to work with a credit repair professional. They help remove millions of negative items every year from companies like Accelerated Financial Solutions on behalf of their clients.
Will Accelerated Financial Solutions sue me or garnish my wages?
As a debt collection agency, Accelerated Financial Solutions (AFS) does have the legal authority to sue you for outstanding debts. If they file a lawsuit and the court rules in their favor, they may be able to garnish your wages or levy your bank accounts.
However, wage garnishment is typically a last resort after several attempts to collect the debt through more conventional methods have been unsuccessful. Before AFS or any debt collection agency can garnish your wages, they must first sue you, win the case, and then obtain a court order permitting wage garnishment.
The laws governing wage garnishment vary from state to state, so the specifics of what could happen in your situation depend on local laws and the nature of your debt. If you’re facing the prospect of a lawsuit from a debt collector, it can be beneficial to consult with an attorney to understand your rights and potential options.
Accelerated Financial Solutions, LLC Complaints
Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you find yourself facing any of these situations with Accelerated Financial Solutions, you should also consider filing a complaint.
You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Accelerated Financial Solutions
Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:
- It is a violation of federal law for Accelerated Financial Solutions to report inaccurate or incomplete information about you.
- You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
- Accelerated Financial Solutions cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Accelerated Financial Solutions must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
- Accelerated Financial Solutions cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Accelerated Financial Solutions From Your Credit Report Today!
Credit Saint offers assistance with disputing Accelerated Financial Solutions collections. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
