CBE Group on Your Credit Report? Fight Back and Win

There have been many FCRA complaints about the debt collection practices of CBE Group.  With that said, if you’re receiving calls from this company, there are ways to make them stop and clear your credit.  Continue reading to learn how to stop debt collection calls from CBE Group and how to get them off your credit report, for good. If you have further questions, contact us today to schedule your free case review. 

Who is the CBE Group? 

CBE Group (founded in 1933) has become one of the top debt collection agencies in the nation. It’s located in Cedar Falls, Iowa, and has more than 1,300 employees. With that in mind, CBE serves hundreds of creditors, ranging from mobile phone companies to the federal government.  CBE Group has a lot of large contracts with institutions and organizations. Most notably, the U.S. Department of Education's student loan program contracts them for collections. However, there have been countless complaints levied against them online and in courtrooms. 

Is CBE Group a Real Company or a Scam?

CBE Group is not a scam. It is a legitimate and highly-regulated debt collection agency. Even so, they have not escaped the negative attention of consumers - the Better Business Bureau reports that CBE Group has been subject to almost 350 complaints in the last three years and is rated 1 star out of 5 by them. On Google too, CBE Group’s rating is a meager 1.2 out of 5 stars.  In case you need to contact them or verify the legitimacy of a call or mailer, here is their contact information: 

• Website: CBEcompanies.com/cbegroup OR PayCBEGroup.com
• Phone Number: 1-800-925-6686 OR 1-866-912-1312
• Address: 1309 Technology Pkwy, Cedar Falls, IA 50613

Why Am I Getting Calls From CBE Group?

Suppose you’re receiving calls about student loan debts from this company. In that case, there could be a few reasons why they’re contacting you. They include but are not limited to the following: 

• You have an unpaid or past-due debt.
• They’re calling you due to a mistake or credit reporting error (i.e., you’re up to date or already paid off your debt. 
• They’re attempting to collect a debt that belongs to someone else. 

If you’re receiving calls or mail from CBE Group but don’t know why, it’s recommended that you check your credit report and take immediate actions to address any problems or discrepancies. 

What Types of Companies Does CBE Group Collect For?

CBE Group is more than 90 years old. In that time, it has amassed an extensive network of creditors. A few of their most notable clients include but are not limited to the following: 

• U.S. Department of Education: CBE Group is one the largest and most profitable debt collection agencies working on behalf of the U.S. government. 
• Healthcare Providers: This includes collecting past-due medical bills for hospitals, clinics, and other types of providers.
• Telecom Companies: Companies like Verizon, T-Mobile, and AT&T are known to be CBE Group clients. 
• Financial Institutions: Credit card companies, banks, credit unions, and similar use debt collection agencies like CBE Group to collect unpaid loans and credit card debt from consumers. 

It’s essential to note that CBE Group has thousands of clients. With that in mind, they could be calling you to collect a debt from any of the companies they work with, not just the companies listed above.

Does CBE Collect For the IRS? 

Yes. CBE Group is sanctioned by the Internal Revenue Service to collect unpaid taxes. If you're contacted by CBE Group regarding tax debt, it's essential to verify their legitimacy before responding.  This can be done via confirmation from the IRS or other authorized collectors. It should be noted that while CBE Group is a legitimate and authorized collection agency, it is always wise to practice caution when dealing with them or other debt collectors in order to avoid potential scams or fraud.

Should I Ignore Collection Calls?

If you have received calls from CBE Group about a debt you believe was paid off years ago, you are not alone. It's possible for such instances to happen, especially since CBE Group still has the right to seek repayment of the debt even if it was paid years ago.  Ignoring their calls may be tempting but can also come with consequences such as legal action or negative credit reports. 

To avoid potential litigation or further financial damage, it is best to reach out to CBE Group for confirmation of the debt so that proper steps can be taken to resolve the dispute. 

The good news is that you don’t have to handle this on your own. At Fair Credit, our FCRA attorneys can deal with CBE Group directly and ensure they remove credit reporting errors as soon as possible. Contact us today for a free case evaluation. 

How Do I Remove CBE Group From My Credit Report?

If items from CBE Group appear on your credit report and you believe them to be inaccurate or incomplete, it is important to take the necessary steps to dispute them. 

First, obtain a copy of your credit report from each of the three major bureaus (Equifax, Experian, and TransUnion). Carefully review the reports to identify any errors related to CBE Group's reporting.  

Next, dispute any inaccuracies with the credit bureaus and provide supporting documentation if available. Request that an investigation is conducted and keep records of all correspondence and documents related to the dispute process. 

If difficulties arise during the proceedings, consider enlisting the help of a professional or attorney with experience in disputing credit report errors.

Contact Us For Your Free Case Evaluation Today

At Fair Credit, we understand the financial and emotional toll that inaccurate credit reporting and aggressive debt collectors can take. Our experienced lawyers are here to help you take back control of your finances - dispute mistakes, negotiate fair settlements, and even file lawsuits against collectors who violate your rights.  Depending on the case, our legal team may be able to help you recover a range of damages, including economic, non-economic, statutory, or punitive damages. 

Now is the time to protect your credit and reputation - start by scheduling a free case review with an FCRA attorney today.