FBCS on Your Credit Report? Fight Back and Win

Dealing with persistent debt collectors, such as Financial Business and Consumer Solutions (FBCS), can be an incredibly frustrating experience. Not only do they often use aggressive tactics to try and get people to pay up, but getting them to stop calling can often feel like a Sisyphean task. 

Fortunately, there are ways of successfully handling interactions with FBCS. Knowing your rights and understanding what debt collection agencies are allowed to do is key to dealing with them effectively.

What Does FBCS Do?

Operating out of Pennsylvania, Financial Business and Consumer Solutions, also known as FBCS, specializes in a variety of debt collection services for a wide range of businesses and consumers. These include auto loans, commercial debt, consumer credit, educational debt, medical debt, and utilities.

• Phone Number: (866) 594-8640 
• Address: 330 S Warminster Road, Suite 353 Hatboro, PA 19040 
• Website: https://www.fbcs-inc.com/ 
• Better Business Bureau Rating: 1/5 

Unfortunately, there are numerous complaints against this agency from the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). The majority of these grievances revolve around inaccurate reporting of debts, incessant phone calls to harass customers into paying off their balances, or even failing to verify whether they actually owe the debt in question.

Is FBCS a Legitimate Company?

Although they’re a legitimate company, FBCS has earned a bad reputation for its poor customer service and shady business practices – like other debt collection agencies, FBCS/Financial Business and Consumer Solutions often resorts to underhanded tactics when attempting to collect on a debt.

Unfortunately, these unethical practices are not an isolated incident with FBCS/Financial Business and Consumer Solutions – the company has been subject to almost 100 complaints on their BBB profile since 2022.

Common issues reported against the company include using wrong numbers to try and collect on a debt, attempting to collect on a debt that is beyond the statute of limitations, failing to validate any debts it is trying to collect, repeatedly calling consumers despite requests for them to stop, calling consumers liars when they dispute the debt, calling consumers at their work-place, as well as refusing to reveal information about the original creditor of the debt.

Why Am I Getting Phone Calls from FBCS?

If FBCS is contacting you, it’s most likely that you owe money for a debt that went into collections. That said, there are a number of cases where FBCS has pursued consumers who aren’t the original debtor or for amounts that differ from the actual amount owed. Here are a few common circumstances where discrepancies may arise: 

• Debts that have been paid in full

Include payments made by cash, check, money order or other valid payment options.

• Debts that are not yours

These could be the result of fraudulent activities such as identity theft, confused identity, incorrect credit reporting and more.

• Accounts opened due to identity theft

These accounts can include credit cards, loan accounts and other financial products opened without your knowledge or consent.

• Debts reported falsely as late or unpaid

These debts may have been paid on time but incorrectly reported as past due or outstanding on your credit report. 

If any of these circumstances applies to your situation, you should consider reaching out to Fair Credit. Our firm will review your case, help to determine inaccuracies, and dispute the errors with the credit bureaus.

Who Does FBCS Collect For?

FBCS collects for companies in just about every industry. It’s important to note that under the current administration, new protections have been put in place for certain kinds of debt – this includes Biden-Harris student loan forgiveness programs, as well as the No Surprise Act which restricts how agencies can collect on medical debt.

To learn about any protections specific to your type of debt, it’s best to work with an experienced attorney who is familiar with debt and credit law.

What Can I Do If I’m Being Harassed by FBCS?

It is important to understand your legal rights and protections when dealing with debt collectors such as FBCS/Financial Business and Consumer Solutions. The Fair Debt Collection Practices Act regulates the activities of debt collectors and outlines the restrictions on what they can and cannot do. This includes a number of measures designed to safeguard consumers from being exploited by debt collectors.

For example, debt collectors are prohibited from calling you at work, using vulgar language when communicating with you, threatening to sue you in order to pressure payment, or calling you before 8 AM or after 9 PM at night.

Additional violations of your rights a consumer include the following: 

• Harassing, oppressive, or abusive behavior to collect a debt, such as using obscene or profane language or threatening violence.
• Using false or misleading representations in an attempt to collect the debt, such as falsely implying legal action is possible or indicating that you are affiliated with a government agency.
• Contacting the debtor by phone outside of the hours of 8 am and 9 pm local time unless given permission by the debtor to do so.
• Contacting a third party regarding the debt without first obtaining signed written consent from the debtor authorizing such communication.
• Using unfair or unconscionable means to collect a debt, for example, demanding amounts not permitted by law or taking possession of someone's property without court approval.
• Publishing a list of those who allegedly refuse to pay debts, which has no legitimate purpose in collecting said debt and is commonly referred to as an "unpaid debtor's list".

If you believe FBCS is violating any of your rights as a consumer, you can and should hold them accountable. The best way to do that? Sue them for every dollar that you’re entitled to under the law. Not only can you get the initial debt dismissed altogether, you may also receive additional compensation depending on the circumstances of your case.  

Before proceeding with litigation, it’s best to consult with an experienced attorney who can ensure you get the full amount owed to you under the law. 

Contact Us for Your Free Case Review

At Fair Credit, we believe everyone should have access to sound financial advice without breaking the bank - which is why we offer free case reviews at no cost or risk! Whether you’re looking for ways to better manage your money or need help navigating complex credit matters, our team is here for you every step of the way.

Take back control over your finances today by reaching out for a free consultation with one of our experienced advisors!