Financial Adjustment Bureau

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Is Financial Adjustment Bureau hurting your credit score?

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Who is Financial Adjustment Bureau?

Financial Adjustment Bureau, Inc. is a debt collection agency that operates out of Burlington, Iowa. Their main function is to facilitate the recovery of overdue debts for various businesses.

If Financial Adjustment Bureau appears on your credit report, it usually signifies that you have an outstanding debt that has been transferred to them for collection.

Who does Financial Adjustment Bureau collect for?

Financial Adjustment Bureau serves a broad range of industries, acting as the intermediary between creditors and debtors. Their debt recovery services extend to industries including, but not limited to, check recovery, financial services, medical, real estate, and vehicle.

Is Financial Adjustment Bureau legit or a scam?

Financial Adjustment Bureau, Inc. is a legitimate company. However, their persistent methods of communication—phone calls, texts, and emails—might make some debtors question their legitimacy. These techniques, although often seen as intrusive, are standard practices in debt collection.

How can I remove Financial Adjustment Bureau 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.

Financial Adjustment Bureau, Inc. Contact Information

Address:

Financial Adjustment Bureau
612 Jefferson St.
Burlington, IA 52601-5428

Phone number: (800) 792-4557 or (319) 753-6756

Should I contact or pay Financial Adjustment Bureau?

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 Financial Adjustment Bureau is to work with a credit repair professional. They help remove millions of negative items every year from companies like Financial Adjustment Bureau, Inc. on behalf of their clients.

Will Financial Adjustment Bureau, Inc. sue me or garnish my wages?

Financial Adjustment Bureau, Inc. is legally permitted to sue you to recover the debt you owe. If they are successful in the lawsuit and a judgment is issued against you, they may potentially be able to garnish your wages, bank accounts, or even place a lien on your property, depending on your state’s laws.

However, this is generally seen as a last resort due to the costs and time associated with court proceedings. Most debt collectors would rather negotiate a payment plan or settle the debt for a lesser amount rather than go through the court process.

Financial Adjustment Bureau, Inc. 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 Financial Adjustment Bureau, Inc.

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 Financial Adjustment Bureau 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.
  • Financial Adjustment Bureau may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • Financial Adjustment Bureau 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.
  • Financial Adjustment Bureau cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Financial Adjustment Bureau From Your Credit Report Today!

Credit Saint can assist you in disputing Financial Adjustment Bureau 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.

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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.