If you’ve spotted Halsted Financial Services on your credit report, it likely means they’re trying to collect a debt. Here’s what to know about who they are, how they operate, and how to deal with them.
Who Is Halsted Financial Services?
Halsted Financial Services, LLC is a debt collection agency based in Skokie, Illinois. They work on behalf of other companies to recover unpaid debts.
If you see their name on your credit report, it means they’ve opened a collection account tied to an outstanding debt.
Who Does Halsted Financial Services Collect For?
Halsted Financial Services collects debts for businesses across several industries. They handle accounts related to:
- Automotive loans
- Credit cards
- Retail purchases
- Telecommunications
- Utilities
Is Halsted Financial Services Legit?
Yes, Halsted Financial Services is a legitimate debt collection agency. However, some people report frequent phone calls, text messages, or emails from them, which can feel overwhelming.
How to Remove Halsted Financial Services from Your Credit Report
A collection account can damage your credit score for up to seven years. If the account isn’t accurate, you have the right to dispute it.
Here are your options:
- Dispute Errors: Contact the credit bureaus to challenge inaccurate details on your credit report.
- Request Debt Validation: Send Halsted Financial Services a debt validation letter. They must prove the debt belongs to you and that the amount is correct.
- Negotiate a Pay-for-Delete: Sometimes, collectors will agree to remove the account if you pay the debt. Get any agreement in writing.
- Work with a Credit Repair Service: Credit repair companies help dispute inaccurate collections and other negative items.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Contact or Pay Halsted Financial Services?
Before paying, confirm that the debt is valid and still collectible. Old or incorrect accounts can show up on your credit report by mistake.
Be cautious. Making a payment may restart the statute of limitations in your state, which can extend the time they can pursue legal action.
Many people choose to work with a credit repair professional to handle these situations, especially when dealing with collection agencies like Halsted Financial Services.
Can Halsted Financial Services Sue You or Garnish Your Wages?
They can sue you for unpaid debts. If they win in court, they may be allowed to garnish your wages or take other legal steps based on your state’s laws.
That said, lawsuits are often a last resort. Most debt collectors prefer to settle or set up payment plans before going down the legal path.
Complaints About Halsted Financial Services
Like most collection agencies, Halsted Financial Services has complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Common complaints include:
- Reporting inaccurate information
- Harassment or excessive contact
- Refusal to verify the debt
If you feel harassed or believe your rights are being violated, you can file a complaint with the CFPB or BBB.
Your Rights When Dealing With Halsted Financial Services
Debt collectors must follow strict rules under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These laws protect you by:
- Prohibiting false, incomplete, or misleading information on your credit report
- Giving you the right to request written proof of the debt (debt validation)
- Preventing harassment, threats, or abusive language
- Requiring collectors to identify themselves and their purpose truthfully
- Stopping them from threatening arrest or legal consequences they cannot pursue
Halsted Financial Services Contact Information
Mailing Address:
Halsted Financial Services, LLC
P.O. Box 828
Skokie, IL 60076
Office Location:
8001 Lincoln Ave, Suite 500
Skokie, IL 60077-3657
Phone Number:
(855) 284-0831
Need Help Removing Halsted Financial Services From Your Credit Report?
Dealing with collections can feel stressful, but you don’t have to face it alone. Credit Saint has helped thousands of people challenge negative items and improve their credit.
They even offer a 90-day money-back guarantee, so there’s no risk in getting started.
Visit their website or call (855) 281-1510 to learn how they can help clean up your credit report.
Brooke Banks is a personal finance writer specializing in credit, debt, and smart money management. She helps readers understand their rights, build better credit, and make confident financial decisions with clear, practical advice.
