Financial Corporation of America


Is Financial Corporation of America 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 Financial Corporation of America?

Financial Corporation of America (FCOA) is a debt collection agency based in Austin, Texas. It is involved in the business of recovering debts on behalf of various creditors.

If you are contacted by FCOA or see them listed on your credit report, it typically means you have an unpaid debt that they are attempting to recover.

Who does Financial Corporation of America collect for?

Financial Corporation of America primarily serves healthcare organizations, which indicates that they collect various types of medical debt. This might include unpaid hospital bills, physicians’ charges, or other healthcare-related expenses.

Is Financial Corporation of America legit or a scam?

Financial Corporation of America 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 Financial Corporation of America 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 Corporation of America (FCOA) Contact Information


Financial Corporation of America
12515 Research Blvd Ste 100
Austin, TX 78759

Phone number: (512) 719-7500

Should I contact or pay Financial Corporation of America?

Before contacting a collection agency, 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 Corporation of America is to work with a credit repair professional. They help remove millions of negative items every year from companies like Financial Corporation of America on behalf of their clients.

Will Financial Corporation of America sue me or garnish my wages?

Debt collection agencies like Financial Corporation of America can, in some cases, sue a debtor for the unpaid debt. If the lawsuit is successful, they may be able to obtain a judgment against the debtor. With this judgment, they could potentially garnish your wages, bank account, or even put a lien on your property depending on the laws in your state.

However, it’s important to note that not every debt results in a lawsuit. Debt collectors prefer to resolve the debt without legal proceedings due to the cost and time involved.

Financial Corporation of America (FCOA) 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 Corporation of America

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

Remove Financial Corporation of America From Your Credit Report Today!

Credit Saint can assist you in disputing Financial Corporation of America 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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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.