If Meridian Financial Services is showing up on your credit report, it likely means there’s an unpaid debt that has been turned over to them for collection. Here’s what you need to know about this company, your rights, and how to get them removed from your credit report.
Who Is Meridian Financial Services?
Meridian Financial Services, Inc. is a debt collection agency based in Asheville, North Carolina. They collect unpaid debts for businesses that hire them to recover money owed.
When an account is placed with Meridian Financial Services, their name may appear on your credit report as a collections account, which can lower your credit score.
Who Does Meridian Financial Services Collect For?
Meridian Financial Services focuses on a specific group of industries, including:
- Homeowners associations (HOAs)
- Property management companies
- Hotel developers
- Timeshare businesses
They typically pursue unpaid dues, fees, and other debts tied to real estate or property-related services.
Is Meridian Financial Services Legitimate?
Yes, Meridian Financial Services is a real company. They are authorized to collect debts for their clients.
That being said, always double-check the details of any debt they claim you owe. Never assume it’s accurate without proper verification.
How to Remove Meridian Financial Services From Your Credit Report
Collections accounts can damage your credit for up to seven years. But there are steps you can take to address the situation:
- Dispute Inaccuracies: Review your credit report and dispute any incorrect information with the credit bureaus.
- Request Debt Validation: You can ask Meridian Financial Services to validate the debt. They must prove the debt is yours and the amount is accurate.
- Negotiate a Pay-for-Delete: In some cases, you may be able to settle the debt and have the account removed from your credit report. Always get any agreement in writing.
- Work With Credit Repair Professionals: Many people choose to work with credit repair companies who handle disputes and help remove negative marks.
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Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Contact or Pay Meridian Financial Services?
Before reaching out or making payments, take these steps:
- Verify the debt details in writing
- Request debt validation
- Understand that payments could restart the statute of limitations, giving the agency more time to take legal action
Many people prefer working with a credit repair service to avoid costly mistakes when dealing with collection agencies.
Can Meridian Financial Services Sue You or Garnish Wages?
Yes, Meridian Financial Services has the legal ability to sue you over unpaid debts. If they win in court, they could:
- Garnish your wages
- Freeze your bank account
- Place liens on property
These actions depend on your state laws. Lawsuits are typically a last resort after other collection efforts fail, but ignoring collection notices increases your risk.
Meridian Financial Services Complaints
Like many debt collectors, Meridian Financial Services has received complaints with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Common complaints include:
- Inaccurate information on credit reports
- Harassing phone calls
- Failure to validate debts
If you believe your rights are being violated, you can file a complaint and document all communication.
Your Rights When Dealing With Meridian Financial Services
Federal laws protect you when dealing with debt collectors. Under the Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA):
- Meridian Financial Services cannot report false or incomplete information
- You have the right to request debt validation within 30 days
- They cannot threaten, harass, or use abusive language
- They must clearly identify themselves as a debt collector
- They cannot threaten arrest or make false legal claims
Knowing your rights helps you handle collections the right way.
Meridian Financial Services Contact Information
Mailing Address:
Meridian Financial Services, Inc.
1636 Hendersonville Rd, Suite 135
Asheville, NC 28803
Phone Number:
(828) 670-7557
Ready to Get Meridian Financial Services Off Your Credit Report?
If Meridian Financial Services is hurting your credit, you don’t have to face it alone. Credit Saint has helped thousands of clients dispute inaccurate items and clean up their credit reports.
They even offer a 90-day money-back guarantee for peace of mind.
Visit their website or call (855) 281-1510 to get started today and take control of your credit.
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.
