Like all other debt collectors, DNF Associates, LLC depends on multiple sources of information to pursue debt collection. Consumers should be meticulous and systematic if they want to contest a claim. This involves gathering all relevant information and evidence regarding the purported debt.
DNF Associates initiates legal proceedings against numerous individuals. They can request a default judgment from the court if they contact you and you fail to respond within 20 days. A default judgment enables DNF Associates, LLC to seize your bank account, garnish your wages, and take other damaging legal actions against you. To improve your chances of success and prevent further legal action against you, it is advisable to engage the services of a debt defense lawyer.
What is DNF Associates, LLC?
DNF Associates, LLC has been collaborating with banks and consumer finance companies to acquire portfolios of accounts and equitably manage them. This agency ensures that all third-party receivable agencies and law offices undergo a rigorous vetting process.
This agency specializes in acquiring defaulted consumer debts from the original creditors, such as credit card companies and banks. Typically, DNF Associates purchase these debts for as low as 10% of the original amount owed.
Therefore, if DNF Associates contacts you regarding a debt, they stand to make a significant profit if you pay the debt back in full.
Contact Details
Address:
DNF Associates, LLC
2351 N Forest Rd Suite 110, Getzville, NY
14068, United States
Phone:
1(855) 366-8584
DNF Associates, LLC History
DNF Associates, LLC is a privately held company established in 2004 in the United States. The company is involved in the acquisition and management of portfolios of accounts from banks and consumer finance companies.
This agency has gained a reputation as a trustworthy and ethical player in the debt-purchasing industry. The company prides itself on maintaining high standards of compliance.
As part of its commitment to responsible debt management, DNF Associates has developed its proprietary technology to maximize the returns on its portfolio acquisitions.
DNF Associates, LLC Reviews
If DNF Associates, LLC has sent you a demand for payment or takes legal action against you, you must be aware of your consumer rights. Your counterclaim against them might be legitimate. It’s crucial not to conceal your dissatisfaction, especially if it’s justified.
Like most credit-monitoring agencies, DNF Associates has significant negative reviews. Some malpracticces are highlighted among the grievances received by consumer protection bureaus.
BBB Reviews
DNF Associates, LLC is a recently BBB-accredited business with an A rating. Their customer reviews, however, are generally negative, with an average rating of 1.57 stars out of five from seven reviews. This agency has received 77 complaints in the last three years, 18 of which were closed in the last year.
One complaint alleges billing in which a credit company appeared on the customer’s credit report was reported as fraudulent. The credit company allegedly appeared on the consumer’s credit report without their prior correspondence. In other complaints, the customers explain how DNF Associates agent do not disclose their identity, or verify debts.
Other Reviews
DNF Associates has a mixed reputation among customers. On the one hand, there are positive reviews regarding the company’s customer support, with 90% of 10 complaints being resolved. However, there are also many consumer complaints regarding poor customer service experiences, unfulfilled orders, and a lack of communication from the company.
DNF Associates has faced many legal challenges, as evidenced by the lawsuits filed against them on the Public Access to Court Electronic Records (PACER) website. PACER is a federal docket that records legal complaints against companies. Specifically, there have been 16 lawsuits filed against DNF Associates, LLC in the United States, all of which pertain to violations of the FDCPA.