CKS Financial

Who is CKS Financial?

CKS Financial, LLC, also known as Webcollex, is a debt collection agency based in Chesapeake, Virginia. Their primary operation involves acquiring and collecting on delinquent accounts.

If you have unpaid debts, you may find CKS Financial appearing on your credit report as a collections account.

Who does CKS Financial collect for?

CKS Financial serves a diverse range of clients. As a debt buyer, they primarily purchase delinquent debt portfolios from sellers or brokers. They also provide comprehensive collection services to a variety of entities, including government bodies, merchants, service providers, and a range of other organizations.

Is CKS Financial legit or a scam?

CKS Financial is a legitimate debt collection company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove CKS Financial from my credit report?

CKS Financial 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.)

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.

CKS Financial Contact Information

Address:

CKS Financial
505 Independence Pkwy
Chesapeake, VA 23320

Mailing address:

CKS Financial
P.O. Box 2856
Chesapeake, VA 23327-2856

Phone number: (800) 984-3711 or (757) 271-2746

Should I contact or pay CKS Financial?

It’s best to avoid speaking to a third-party collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.

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

Will CKS Financial sue me or garnish my wages?

If you owe a debt that CKS Financial, LLC is handling and you’re unable to or refuse to pay, it is possible that they could sue you to collect the debt. If they win a judgment against you in court, they could potentially have the right to garnish your wages or levy your bank account, depending on the applicable laws in your state or jurisdiction.

However, it’s also worth noting that wage garnishment and lawsuits are typically a last resort for debt collectors. Before it gets to this point, you’ll likely have several opportunities to negotiate or arrange a payment plan.

CKS Financial 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, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to 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 CKS Financial

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, the FDCPA provides you with many rights to ensure that third-party collection agencies don’t take advantage of you. In particular:

• It is a violation of federal law for CKS Financial 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. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
• CKS Financial may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
• CKS Financial 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.
• CKS Financial cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove CKS Financial From Your Credit Report Today!

Credit Saint can assist you in disputing CKS collection 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.