RGS Financial

Who is RGS Financial?

RGS Financial, Inc. is a third-party debt collection agency based in Richardson, Texas. Their primary role is to recover unpaid debts on behalf of their clients.

If you have an outstanding bill that has been sent to collections, you might see RGS Financial listed on your credit report as a collections account.

Who does RGS Financial collect for?

RGS Financial collects debts primarily for online lenders and credit card companies. Online lenders, which can include peer-to-peer lenders, payday loan providers, and other non-traditional lending institutions, often contract with RGS Financial to recover unpaid loans.

Similarly, credit card companies may engage RGS Financial to collect on delinquent accounts, which can include unpaid balances, late fees, and interest charges.

Is RGS Financial legit or a scam?

RGS Financial is a legitimate 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 RGS Financial 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.)

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.

RGS Financial, Inc. Contact Information

Address:

RGS Financial
1700 Jay Ell Dr Ste 200
Richardson, TX 75081

Mailing address:

RGS Financial
PO Box 852039
Richardson, TX 75085

Phone number: (866) 941-8600

Should I contact or pay RGS Financial?

It’s best to avoid speaking to a debt collector 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 RGS Financial is to work with a credit repair professional. They help remove millions of negative items every year from companies like RGS Financial on behalf of their clients.

Will RGS Financial sue me or garnish my wages?

RGS Financial has the legal authority to sue you for an unpaid debt. If they win the lawsuit, they may be granted a judgment by the court, which could lead to wage garnishment, a lien on your property, or a levy on your bank account. However, this is typically a last resort for debt collectors, as the legal process can be lengthy and expensive.

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

Remove RGS Financial From Your Credit Report Today!

Credit Saint can assist you in disputing RGS Financial collection 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.