Is Consumer Adjustment Company Hurting Your Credit?

Who is Consumer Adjustment Company?

Consumer Adjustment Company, Inc. (CACi) is a debt collection agency located in St. Louis, Missouri. The primary function of CACi is to facilitate the recovery of outstanding debts owed by consumers to various entities.

You might notice CACi listed on your credit report if you have unpaid bills that have been sent to collections.

Who does Consumer Adjustment Company collect for?

Consumer Adjustment Company collects delinquent debts for institutions such as banks and credit unions, a vast range of healthcare service providers, student loan lenders, utility service companies, among others.

Is Consumer Adjustment Company legit or a scam?

Consumer Adjustment Company 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 Consumer Adjustment Company from my credit report?

Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.

If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.

Consumer Adjustment Company, Inc. (CACi) Contact Information

Address:

Consumer Adjustment Company, Inc.
12855 Tesson Ferry Rd
St. Louis, MO 63128

Phone number: (800) 777-7971

Should I contact or pay Consumer Adjustment Company, Inc.?

It’s best to avoid speaking to a third-party 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.

The most effective way to deal with Consumer Adjustment Company is to work with a credit repair professional. They help remove millions of negative items every year from companies like Consumer Adjustment Company on behalf of their clients.

Will Consumer Adjustment Company, Inc. sue me or garnish my wages?

Consumer Adjustment Company, Inc. (CACi), can take legal action to recover unpaid debts. This can potentially include suing you in court, and if they win, they might obtain a judgment that allows them to garnish your wages or bank accounts, or put a lien on your property. However, this is often a last resort after other collection attempts have failed, as legal action can be a time-consuming and expensive process.

Consumer Adjustment Company, Inc. Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, 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 disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Consumer Adjustment Company, Inc.

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

• It is a violation of federal law for Consumer Adjustment Company 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. They have 30 days to prove the debt is yours and the amount is accurate.
• Consumer Adjustment Company cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• Consumer Adjustment Company must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
• Consumer Adjustment Company cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Consumer Adjustment Company From Your Credit Report Today!

Credit Saint offers assistance with disputing Consumer Adjustment Company accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.

If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.

Visit their website or call (855) 281-1510 for more details.