Who is Progressive Financial Services?
Progressive Financial Services, Inc. is a debt collection agency based in Tempe, Arizona. Their role involves recovering unpaid debts for their clients, typically the original creditors.
If you see Progressive Financial Services listed on your credit report, it generally means they have been assigned a debt in your name that has not been settled. This usually occurs when there is a bill or financial obligation that hasn’t been paid within the agreed timeframe.
Who does Progressive Financial Services collect for?
Progressive Financial Services recoups debt for a variety of original creditors. They work with organizations across a wide range of sectors, collecting past-due debts that these businesses have been unable to recover themselves. While the specifics of their clientele might vary, they often work with sectors such as healthcare, retail, financial services, utilities, and others.
Is Progressive Financial Services legit or a scam?
Progressive Financial Services is a legitimate company. However, as part of their debt recovery processes, they may frequently reach out via phone calls, text messages, or emails. While these practices can feel intrusive or overwhelming, they generally fall within the legal parameters of the debt collection industry.
How can I remove Progressive Financial Services from my credit report?
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.)
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Lexington Law is a professional credit repair law firm that works with people who want to fix their credit.
In addition to collections, they can work with 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.
Progressive Financial Services, Inc. Contact Information
Address:
Progressive Financial Services
1919 W Fairmont Dr. Ste 8
Tempe, AZ 85282-3183
Phone number: (602) 453-8610
Should I contact or pay Progressive Financial Services?
It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.
The most effective way to deal with Progressive Financial Services is to work with a credit repair professional. They help remove millions of negative items every year from companies like Progressive Financial Services on behalf of their clients.
Will Progressive Financial Services sue me or garnish my wages?
Progressive Financial Services, Inc. has the legal authority to pursue legal action against a debtor if they are unable to recover the debt through regular collection efforts. If they decide to initiate a lawsuit and are successful in obtaining a judgment from the court, they may have the ability to garnish your wages or take other legal actions permitted by the laws of your specific state.
However, it’s important to note that legal action is typically considered a last resort for debt collectors. Before taking this step, they will usually make numerous attempts to collect the debt through other means and provide you with opportunities to address the outstanding amount.
Progressive Financial Services, Inc. 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 you are being harassed by Progressive 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 the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Progressive Financial Services, Inc.
Debt collectors must abide by state and federal laws in the United States. For example, the Fair Debt Collection Practices Act prohibits a collection agency from using abusive, unfair, or deceptive practices. In addition, the FDCPA 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 Progressive 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.
- Progressive Financial Services may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Progressive 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.
- Progressive Financial Services cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Progressive Financial Services From Your Credit Report Today!
Lexington Law can assist you in disputing Progressive Financial Services accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.
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 for a free credit consultation to see what they can do for you.
Ready to Repair Your Credit?
Some clients have raised their credit scores
by 100 points* or more.
