Who is Professional Service Bureau?
Professional Service Bureau, Inc., also known as PSB & MARS, is a debt collection agency based in Anoka, Minnesota.
If you see PSB listed on your credit report as a collections account, it implies that you have an unpaid bill that has been transferred to PSB for collection.
Who does Professional Service Bureau collect for?
Professional Service Bureau primarily collects debts on behalf of healthcare providers. Two of their most prominent clients are Mayo Clinic and HealthPartners.
Is Professional Service Bureau legit or a scam?
Professional Service Bureau, Inc. 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 Professional Service Bureau 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.
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Professional Service Bureau, Inc. (PSB & MARS) Contact Information
Address:
PSB & MARS
911 Lund Blvd Suite 100
Anoka, MN 55303
Phone number: (877) 688-2268
Should I contact or pay Professional Service Bureau?
Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with Professional Service Bureau is to work with a credit repair professional. They help remove millions of negative items every year from companies like Professional Service Bureau, Inc. on behalf of their clients.
Will Professional Service Bureau sue me or garnish my wages?
Professional Service Bureau, Inc. is legally entitled to sue you for unpaid debts. If they win the lawsuit, they may be awarded a judgment by the court. Depending on the laws of your specific state, this judgment can potentially lead to wage garnishment, a lien against your property, or a bank account levy.
However, keep in mind that initiating a lawsuit is usually a last resort for collection agencies. It involves additional costs and time, and most agencies prefer to resolve the debt directly with you, possibly through payment plans or settlement agreements.
Professional Service Bureau, 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 Professional Service Bureau, 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 Professional Service Bureau 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.
- Professional Service Bureau cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Professional Service Bureau 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.
- Professional Service Bureau cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Professional Service Bureau From Your Credit Report Today!
Credit Saint offers assistance with disputing Professional Service Bureau 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.
