Who is American Financial Credit Services?
American Financial Credit Services, Inc. (AFCS) is a debt collection agency based in Indianapolis, Indiana. They provide comprehensive debt recovery services for creditors. If you see AFCS listed on your credit report, it typically indicates that you have an unpaid debt which they are attempting to collect.
Who does American Financial Credit Services collect for?
American Financial Credit Services provides collection services for a variety of industries. They primarily focus on working with government entities, education institutions, and healthcare providers. This includes collecting on accounts like unpaid taxes, student loans, and medical bills. They also work with other types of businesses and corporations to collect on delinquent accounts receivable.
Is American Financial Credit Services legit or a scam?
American Financial Credit Services is a legitimate company. However, they are known to engage in persistent contact methods, which may include frequent phone calls, text messages, or emails, in their attempts to recover owed debts.
How can I remove American Financial Credit Services 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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American Financial Credit Services Contact Information
Address:
10333 N. Meridian Street, Suite 270
Indianapolis, IN 46290
Phone number: (317) 705-4237 or (888) 317-2327
Should I contact or pay American Financial Credit Services?
Before contacting a 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 Credit reports can contain errors or list debts that are no longer valid.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 American Financial Credit Services is to work with a credit repair professional. They help remove millions of negative items every year from companies like American Financial Credit Services on behalf of their clients.
Will American Financial Credit Services sue me or garnish my wages?
American Financial Credit Services, like many debt collection agencies, does have the capacity to sue for unpaid debts. This is typically a last resort, given the costs and resources required for legal action. If you receive a summons or notice regarding a lawsuit, it is important to respond and potentially seek legal advice.
If American Financial Credit Services sues and obtains a judgement against you, they could potentially garnish your wages. However, the exact process and laws governing wage garnishment can vary from state to state. It is always recommended to seek legal advice in such circumstances.
American Financial Credit Services Complaints
Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, 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 American Financial Credit Services
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 American Financial Credit Services 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.
- American Financial Credit Services cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- American Financial Credit Services 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.
- American Financial Credit Services cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove American Financial Credit Services From Your Credit Report Today!
Credit Saint offers assistance with disputing American Financial Credit Services collection accounts. 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.
