Who is FEDChex Recovery?
FEDChex Recovery, LLC is a debt collection agency based in Foothill Ranch, California. They provide services aimed at recovering owed money on behalf of their clients.
If you see FEDChex Recovery on your credit report, it’s likely due to an unpaid bill or a financial obligation that’s past due.
Who does FEDChex Recovery collect for?
FEDChex Recovery primarily collects for businesses involved in payment processing and check verification. This typically involves managing and collecting debts arising from bounced checks, insufficient funds incidents, or other check-related payment issues. Their clients could be a wide range of businesses that rely on check payments from customers.
Is FEDChex Recovery legit or a scam?
FEDChex Recovery, LLC is a legitimate company. However, their collection practices may involve repeated phone calls, text messages, or emails in their attempts to recover debts.
How can I remove FEDChex Recovery 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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FEDChex Recovery Contact Information
Address:
FEDChex Headquarters
27042 Towne Centre Drive, Suite 150
Foothill Ranch, CA 92610
Phone number: (800) 992-6713
Should I contact or pay FEDChex Recovery?
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 Credit reports can contain errors or list debts that are no longer valid.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 FEDChex is to work with a credit repair professional. They help remove millions of negative items every year from companies like FEDChex on behalf of their clients.
Will FEDChex Recovery sue me or garnish my wages?
FEDChex Recovery, LLC is entitled to sue you in court if you fail to pay a legitimate debt. If they decide to take legal action and they successfully obtain a court judgment against you, they may then have the ability to garnish your wages or levy your bank account, subject to your state’s laws.
However, it’s important to understand that suing a debtor is often seen as a last resort by many collection agencies. The process can be costly and time-consuming, and they may prefer to work out a payment plan or debt settlement agreement with you.
FEDChex 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 FEDChex Recovery
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 FEDChex Recovery 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.
- FEDChex Recovery cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- FEDChex Recovery 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.
- FEDChex Recovery cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove FEDChex Recovery From Your Credit Report Today!
Credit Saint offers assistance with disputing FEDChex Recovery 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.
