Credit Adjustment Board


Is Credit Adjustment Board hurting your credit score?

Schedule a free credit consultation to find out how you can eliminate inaccurate and questionable negative information from your credit report.

Who is Credit Adjustment Board?

Credit Adjustment Board, Inc. (CAB) is a licensed and bonded debt collection agency that was founded in 1955. Based out of Richmond, Virginia, CAB provides collection services to various businesses, helping them recover unpaid debts.

You may see CAB listed on your credit report as a collections account. This can happen if you didn’t pay a bill.

Who does Credit Adjustment Board collect for?

Credit Adjustment Board services a wide array of clients across different industries. These include commercial and industrial businesses, gas, oil & HVAC companies, government bodies, healthcare institutions, property management entities, and transportation companies.

Is Credit Adjustment Board legit or a scam?

Credit Adjustment Board, Inc. is a legitimate 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 Credit Adjustment Board from my credit report?

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.

Credit Adjustment Board (CAB) Contact Information


Credit Adjustment Board, Inc.
8002 Discovery Drive Ste 311
Richmond, VA 23229

Phone number: (804) 649-0761 or (800) 882-0761

Should I contact or pay Credit Adjustment Board?

Before contacting a debt collector, 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.

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

Will Credit Adjustment Board sue me or garnish my wages?

Credit Adjustment Board, like any other collection agency, is entitled to sue you to collect the debt. However, the decision to sue often depends on the amount of the debt and the perceived ability of the debtor to pay. It’s not typically the first step or even a common step, as litigation is often costly and time-consuming.

If Credit Adjustment Board does sue you and wins a judgment against you in court, they may be able to garnish your wages or place a lien on your property, depending on the laws of your state. Keep in mind that this is typically a last resort and usually occurs after several attempts to collect the debt in other ways.

Credit Adjustment Board 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 you are being harassed by Credit Adjustment Board, 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 Credit Adjustment Board

Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a collection agency 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 Credit Adjustment Board 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.
  • Credit Adjustment Board may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • Credit Adjustment Board 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.
  • Credit Adjustment Board cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Credit Adjustment Board From Your Credit Report Today!

Credit Saint can assist you in disputing Credit Adjustment Board 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.

Ready to Repair Your Credit?

Learn how to get help disputing errors on your credit report that could be hurting your credit score.

Meet the author

Crediful is your go-to destination for all things related to personal finance. We're dedicated to helping you achieve financial freedom and make informed financial decisions. Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more.