If Oliphant Financial is showing up on your credit report, it usually means they’re trying to collect a debt. Having collections on your credit report can seriously lower your credit score, so it’s important to handle the situation the right way.
Who Is Oliphant Financial?
Oliphant Financial, LLC is a debt collection agency based in Sarasota, Florida. They’ve been collecting debts since 1992. If you see their name on your credit report, they likely bought your debt or are collecting on behalf of another company.
Who Does Oliphant Financial Collect For?
Oliphant Financial collects debts for banks, lenders, credit card companies, and other financial institutions. They focus on recovering money from unpaid loans, credit card balances, and other overdue accounts.
Is Oliphant Financial Legitimate?
Yes, Oliphant Financial is a real debt collection agency, not a scam. However, that doesn’t mean they always get everything right. Collection agencies often report incorrect information, so it’s smart to double-check your credit report if their name appears.
How to Remove Oliphant Financial From Your Credit Report
A collection account can hurt your credit score for up to seven years, but you might have options to remove it sooner:
- Dispute Any Errors: Start by checking your credit report for mistakes. If the debt isn’t yours, is reported incorrectly, or has outdated information, file a dispute with the credit bureaus.
- Request Debt Validation: You have the right to ask Oliphant Financial to prove the debt is valid. Send them a debt validation letter—they must respond within 30 days with proof.
- Negotiate a Pay-for-Delete Agreement: If the debt is accurate, you can try negotiating a deal. You offer to pay the debt, and in exchange, they agree to remove the collection account from your credit report. Get any agreement in writing before sending money.
- Work With a Credit Repair Company: Credit repair professionals challenge collection accounts on your behalf and help clean up your credit report. They deal with companies like Oliphant Financial every day.
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 Oliphant Financial?
Before paying or contacting them, confirm the debt is accurate and still valid. In some cases, paying a collection can restart the statute of limitations, which may open the door for legal action or further credit damage.
Many people choose to work with credit repair experts to handle this process carefully. These professionals help remove millions of negative items from credit reports each year.
Can Oliphant Financial Sue You or Garnish Your Wages?
Oliphant Financial has the legal right to sue you for unpaid debts. If they win the case, they could pursue wage garnishment, bank levies, or other collection actions—depending on your state laws.
However, lawsuits are usually a last resort. Most debt collectors prefer to settle debts or set up payment plans instead of going to court.
Oliphant Financial Contact Information
Address:
Oliphant Financial, LLC
1800 2nd St., Suite 603
Sarasota, FL 34236
Phone: (800) 262-1999
Complaints Against Oliphant Financial
Like many collection agencies, Oliphant Financial has complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints involve:
- Incorrect information on credit reports
- Harassment or repeated calls
- Failure to verify debts
If you’re experiencing harassment or believe your rights are being violated, you can file a complaint with the CFPB or BBB.
Your Rights When Dealing With Oliphant Financial
Debt collectors must follow the Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). Here’s what the laws protect you from:
- Inaccurate Credit Reporting: It’s illegal for them to report false or incomplete information about you.
- Debt Validation: You have the right to request written proof of the debt. They must respond within 30 days.
- Harassment: They cannot threaten, harass, use profanity, or repeatedly call you.
- Deception: They must be upfront about who they are and why they’re contacting you.
- False Threats: They cannot threaten to have you arrested or imprisoned over unpaid debts.
Knowing your rights gives you the power to stand your ground and protect your credit.
Get Help Removing Oliphant Financial From Your Credit Report
Tired of dealing with collections? Credit Saint can help. They’ve been assisting people with inaccurate or questionable collection accounts for over 15 years, and they even offer a 90-day money-back guarantee.
Visit their website or call (855) 281-1510 to learn more.
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.
