Phoenix Financial Services


Is Phoenix Financial Services hurting your credit score?

Schedule a free consultation to learn how to eliminate inaccurate and questionable negative information from your credit report.

Who is Phoenix Financial Services?

Phoenix Financial Services, LLC is a nationally licensed debt collection agency located in Indianapolis, Indiana. Their primary role is to aid companies in recovering outstanding balances from customers who have been unable to pay their bills.

If you notice Phoenix Financial Services on your credit report, it’s often a sign that you’ve got an unpaid bill. This can be due to various types of debt, such as medical expenses, student loans, or other unpaid obligations.

Is Phoenix Financial Services on my credit report?

Phoenix Financial Services may appear on your credit report as any of the following entries:

  • phnx finan
  • phoenix collection
  • phoenix financial
  • phoenix financial llc
  • phoenix financial serv
  • phoenix financial servic
  • phoenix financial svcs
  • phoenix pendrick
  • phoenixfinancialsvcs

Who does Phoenix Financial Services collect for?

Phoenix Financial Services caters to a diverse range of sectors, but they specialize in the recovery of medical debts, student loans, as well as tax and government obligations. This means that they work closely with healthcare providers, educational institutions, and government bodies, helping them recover money owed by customers.

Is Phoenix Financial Services legit or a scam?

Phoenix Financial Services is a legitimate debt collection company. They are 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 Phoenix Financial Services from my credit report?

Collections can hurt your credit score and stay on your credit report for up to seven years, even if you pay them. Paying the collection might even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

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Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

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Phoenix Financial Services, LLC Contact Information


Phoenix Financial Services, LLC
8902 Otis Ave
Indianapolis, IN 46216

Mailing address:

Phoenix Financial Services, LLC
PO Box 361450
Indianapolis, IN 46236

Phone number: (855) 342-6567

Should I contact or pay Phoenix Financial Services?

Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with Phoenix Financial Services is to work with a credit repair professional. They help remove millions of negative items every year from companies like Phoenix Financial Services on behalf of their clients.

Will Phoenix Financial Services sue me or garnish my wages?

Phoenix Financial Services is entitled to sue you for an unpaid debt, but this is generally considered a last resort due to the time and cost involved. If they choose to sue and subsequently win a judgment in court, they may have the ability to garnish your wages or levy your bank account, based on the laws in your specific state.

Phoenix Financial Services, LLC Complaints

Many collection agencies have numerous complaints filed 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 you find yourself facing any of these situations with Phoenix Financial Services, you should also 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 disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Phoenix Financial Services, LLC

There are strict regulations about what a debt collection agency can and cannot do in the United States. For example, the FDCPA prevents the use of abusive or deceptive tactics to collect any debt, regardless of whether you actually owe it. 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 Phoenix Financial Services to report inaccurate or incomplete information about you.
  • You have a legal right to request debt validation on an alleged debt. Upon sending a debt validation letter, the debt collector reporting the information must prove to you, within 30 days, that the account is really your responsibility and the amount of money you owe is accurate.
  • Phoenix Financial Services cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
  • Phoenix Financial Services must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
  • Phoenix Financial Services cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Phoenix Financial Services From Your Credit Report Today!

Credit Saint can help you dispute Phoenix Financial Services accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many 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 call (855) 281-1510 for a free credit consultation to see what they can do for you.

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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.