

Settling your debt with Phoenix Financial Services could go both ways. Should I Negotiate A Settlement With Phoenix Financial Services? Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collection remains on your report for 7 years (from the date of first delinquency). Paying off Phoenix Financial Services to have credit bureaus delete it from your report sounds like a good idea. Should I Pay For Delete With Phoenix Financial Services? Going after these types of accounts for our clients is our specialty. PIRGs, 79% of credit reports contain mistakes or serious errors.

The information isn’t always publicly available and is constantly changing, so it’s difficult to provide an accurate and up-to-date list. Phoenix Financial Services purchases debt from a range of different creditors. Who Does Phoenix Financial Services Collect For? This hurts your score, as well as reducing your chances of getting approved for a loan or other important financial event.īut it’s not all bad news! We may be able to help you with this account. The worst part is a collections account will now be seen on your credit report.

Phoenix Financial Services may attempt to reach out via mail or phone calls (demanding payment). They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off"). Yes, Phoenix Financial Services is a debt collection agency. Is Phoenix Financial Services A Debt Collection Agency? If you are seeing them on your credit report, it likely means they have purchased your debt from a creditor and are (or will be) attempting to collect it from you. Phoenix Financial Services is a debt collection agency. What Is Phoenix Financial Services On My Credit Report?
