FMS Investment Corp

Is FMS Investment Corp 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 FMS Investment Corp?

FMS Investment Corp, also known as Financial Management Systems, is a debt collection agency based in Schaumburg, Illinois. They specialize in the recovery of outstanding debts.

If FMS Investment Corp appears on your credit report as a collections account, it means they have been tasked with collecting a debt that you owe. This could happen if you didn’t pay a bill and it was sent to collections.

Who does FMS Investment Corp collect for?

FMS Investment Corp primarily focuses on the collection of private and federal student loan debt. If you have an unpaid student loan, the lender may have engaged FMS Investment Corp to collect the debt on their behalf.

Is FMS Investment Corp legit or a scam?

FMS Investment Corp is indeed a legitimate debt collection company. They are legally allowed to collect debts for the creditors they represent.

However, as with many debt collection agencies, they may use persistent methods to try to collect the debt, which could include frequent phone calls, text messages, or emails.

How can I remove FMS Investment Corp 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 is a professional credit repair law firm that works with people who want to 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.

FMS Investment Corp Contact Information


Financial Management Systems
1000 Woodfield Rd Ste 102
Schaumburg, IL 60173

Phone number: (800) 605-9817

Should I contact or pay FMS Investment Corp?

It’s best to avoid speaking to a collection agency 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 FMS Investment Corp is to work with a credit repair professional. They help remove millions of negative items every year from companies like FMS Investment Corp on behalf of their clients.

Will FMS Investment Corp sue me or garnish my wages?

FMS Investment Corp does have the ability to sue you for an unpaid debt. If they decide to take this route and they win the lawsuit, the court could potentially grant them a judgment. This judgment could allow them to garnish your wages or take other actions to recover the debt. Wage garnishment involves having part of your earnings directly sent to the creditor to pay off the debt.

However, it’s important to note that legal action is usually a last resort for debt collectors, as the process can be costly and time-consuming. Furthermore, laws around wage garnishment vary by state and the type of debt.

FMS Investment Corp 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.

Remove FMS Investment Corp From Your Credit Report Today!

Lexington Law can assist you in disputing FMS Investment Corp 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.