Did you recently receive a mailer from PO Box 828 Skokie IL claiming you owe them money? Who is this and why are they asking for money from you? This is Halsted Financial Services.
You may wonder why Halsted Financial Services is trying to collect a debt from you when you are yet to borrow from them. When a lender such as a credit card company, a bank, or any other type of lender does not receive prompt payments on an account over time, they may send those debts to an agency like Halsted Financial Services, to collect those arrears.
Some debt collectors may report to credit bureaus, which means they can add the debt they are trying to collect to your credit report. Along with the debt collector, the original lender may also have a separate entry on your credit report.
What is Halsted Financial Services
Halsted Financial Services is one of the many debt collection agencies operating in the United States. This company specializes in debt collection and recovery services. They work with various clients, including healthcare providers, financial institutions, and commercial businesses.
The company uses a range of strategies to recover debts, including phone calls, letters, and legal action. They may offer payment plans or other options to help consumers resolve their debts.
It’s important to note that Halsted Financial Services is a debt collection agency and not a credit reporting agency. This means they primarily focus on recovering debts already owed rather than providing credit reports or other credit-related services.
Contact Details
Phone:
+1 855-476-5447
Halsted Financial Services History
In 2008, Halsted Financial Services commenced its journey in the collection industry. The company has its headquarters in Skokie, Illinois. Halsted Financial Services has offered comprehensive receivables management services to recover overdue accounts.
Halsted Financial Services displays professional accreditations, including ACA International Member, BBB accreditation, RMAi certified, and Member of NMLS, indicating professionalism.
Halsted Financial Services Reviews
Halsted Financial Services has a decent rating based on consumer reviews. Some consumers have a positive experience with this agency, while others have negative experiences.
Google Reviews
Based on the reviews, Halsted Financial Services has an average rating of 4.1 out of five stars on Google from 81 reviews. The Google reviews are a mixed bag, with some customers expressing satisfaction with the service provided by Halsted Financial Services while others are less satisfied.
One consumer expressed frustration with the company, stating that she had set up a payment plan with the company to improve her credit, but was subsequently told that paying the collection agency would not help her credit. She was also advised to pay the company to have the collection removed from her credit report, which she found unhelpful.
In response to the consumer’s review, a representative from Halsted Financial Services thanked her for her feedback and offered further assistance. This suggests the company is willing to address customer concerns and provide support when needed.
BBB Reviews
Halsted Financial Services is an accredited business with the Better Business Bureau (BBB). The BBB accreditation merit requires an allegiance to make a credible effort to resolve consumer objections, and the company appears to have met these standards.
Halsted Financial Services is a reputable company with an “A-” rating from BBB, however they have received 1.44 stars out of five. It’s important to note that BBB accreditation does not mean that BBB has endorsed the business’s services. It’s always a good idea to conduct additional research before deciding on the company’s services.
Other Reviews
In most cases, Halsted Financial Services has shown its commitment to compliance and professionalism. However, some complainants have claimed that the collection company did not handle their outstanding debt issues politely, and several other complaints have alleged Fair Debt Collection Practices Act violations.
Although Halsted Financial Services responds to some of these complaints, the similarities between the consumers’ grievances do not give the company a good reputation.