Monterey Financial Services


Is Monterey Financial Services 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 Monterey Financial Services?

Monterey Financial Services, LLC is a debt collection agency located in Oceanside, California. Monterey Financial offers consumer financing, loan servicing, jewelry funding, debt recovery, and custodial services.

If Monterey Financial Services appears on your credit report as a collections account, it typically indicates an unpaid bill that has been transferred or sold to them by the original creditor.

Who does Monterey Financial Services collect for?

Monterey Financial Services provides collections services for a variety of businesses across numerous industries. Their wide-ranging services indicate that they work with a diverse set of clients – from financial institutions like banks and credit unions who require assistance with unpaid loans, to retail businesses like jewelry stores that need help collecting on overdue accounts.

They might also work with medical providers, utility companies, and other service providers for the collection of unpaid bills.

Is Monterey Financial Services legit or a scam?

Monterey Financial Services is indeed a legitimate company, 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 Monterey Financial Services from my credit report?

Monterey Financial Services 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.

Monterey Financial Services Contact Information


Monterey Financial Services
4095 Avenida De La Plata
Oceanside, CA 92056

Phone number: (800) 456-2225

Should I contact or pay Monterey Financial Services?

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

Will Monterey Financial Services sue me or garnish my wages?

Monterey Financial Services is legally entitled to sue you if you fail to pay a valid debt. If they win the lawsuit and a court judgment is issued against you, they may be able to garnish your wages, levy your bank account, or put a lien on your property, depending on your state’s laws. It’s important to note that this is usually a last resort after other collection attempts have failed.

Monterey Financial Services 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 Monterey Financial Services 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 Monterey Financial Services

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

Remove Monterey Financial Services From Your Credit Report Today!

Credit Saint can assist you in disputing Monterey Financial 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.

Ready to Repair Your Credit?

Learn how to get help disputing errors on your credit report that could be hurting your credit score.

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.