CBE Group

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Is CBE Group hurting your credit score?

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Who is CBE Group?

CBE Group, Inc. is a renowned debt collection agency that operates as a subsidiary of CBE Companies. They have their headquarters in Cedar Falls, Iowa, and maintain additional locations in Waterloo, Iowa; New Braunfels, Texas; and Manila, Philippines.

If CBE Group appears on your credit report, you may have an outstanding debt that you have failed to settle. Such unpaid bills can range from healthcare services to credit card debts, which the company then attempts to recover on behalf of their clients.

Is CBE Group on my credit report?

CBE Group may appear on your credit report under a variety of entries depending on the nature of the debt and the original creditor. Entries like “cbe collections,” “cbe group incorporated,” “cbe group Verizon,” “cbe healthcare,” “cbegroup,” or “the cbe group inc-former,” signify that CBE Group is involved in the debt collection process.

Who does CBE Group collect for?

CBE Group collects for a wide array of businesses and industries. Their debt collection services span the sectors of cable and satellite services, credit card companies, government entities (including the IRS), medical institutions, phone service providers, and federal and private student loan lenders, as well as utility companies.

Is CBE Group legit or a scam?

CBE Group is a legitimate and well-established debt collection company. They are fully authorized to collect outstanding debts on behalf of their clients. However, as a consumer, it’s important to exercise due diligence when approached about a debt. Before you make any payments, ensure that you verify the debt they claim you owe.

How can I remove CBE Group from my credit report?

CBE Group collections can hurt your credit score and remain on your credit report for up to seven years regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(While debt collectors may not want this information to be widely known, it’s your right to be informed.)

Ready to Raise Your Credit Score?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

Professional credit repair services work with people who want to get their credit back on track.

In addition to collections, they can help you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

CBE Group Contact Information

Address:

CBE Group, Inc.
1309 Technology Pkwy
Cedar Falls, IA 50613

Mailing address:

CBE Group, Inc.
4140 Kimball Ave
Waterloo, IA 50701

Phone number: (800) 925-6686 or (319) 234-6686

Should I contact or pay CBE Group?

Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Sometimes, credit reports contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock. As a result, it could harm your credit rather than improve it. Of course, there are times when it’s best to just pay the debt, especially if it’s new and you’re sure that it’s legit.

The most effective way to deal with CBE Group is to work with a credit repair professional. They help remove millions of negative items every year from companies like CBE Group on behalf of their clients.

Will CBE Group sue me or garnish my wages?

CBE Group, like any debt collector, is entitled to sue you for the repayment of a debt. If they win a judgment against you in court, they may have the right to garnish your wages. Alternatively, they could levy your bank accounts. In some cases, they might even put a lien on your property. These measures would remain in place until the debt is paid off.

However, it’s important to note that these actions are typically last-resort measures, as legal proceedings can be costly and time-consuming. Most debt collectors would prefer to work out a payment plan with you before resorting to legal action.

CBE Group Complaints

Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassing phone calls, or failure to verify a debt. If you find yourself facing any of these situations with CBE Group, 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 the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.

Your Rights When Dealing with CBE Group

Debt collectors must abide by state and federal laws in the United States. For example, the FDCPA prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, it provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

  • It is a violation of federal law for CBE Group to report inaccurate or incomplete information about you.
  • You have a legal right to request debt validation on an alleged debt. Upon sending a debt validation letter, CBE Group must prove to you, within 30 days, that the account is really your responsibility and the amount of money you owe is accurate.
  • CBE Group may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • CBE Group must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
  • CBE Group cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove CBE Group From Your Credit Report Today!

Credit Saint can assist you in disputing CBE Group accounts. With years of experience at their disposal, these professionals have a proven track record of effectively removing incorrect entries for countless clients.

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or give them a call at (855) 281-1510 for a free credit consultation to see what they can do for you.

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