Credit Adjustment Board

Is Credit Adjustment Board hurting your credit score?

Schedule a complimentary 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?

Some clients have raised their credit scores
by 100 points* or more.

[*] Results are not typical or guaranteed.

Lexington Law Firm is a credit repair company that helps people fix their credit.

In addition to collections, they can work with 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?

It’s best to avoid speaking to a debt collector 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 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, the FDCPA 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!

Lexington Law can assist you in disputing Credit Adjustment Board accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.

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 for a free credit consultation to see what they can do for you.

Ready to Repair Your Credit?

Some clients have raised their credit scores
by 100 points* or more.

[*] Results are not typical or guaranteed.