Stop CFAM Financial Services, LLC Phone Harassment?
Is CFAM Financial Services, LLC harassing you with constant phone calls? Persistent calls from CFAM Financial Services, LLC can be a form of harassment. Do they threaten to take legal action or garnish your wages, or demand payment for an alleged debt? Are they calling you at all hours or several times a day? Are they telling your family and neighbors that you owe a debt or providing inaccurate information reported to third parties? If so, what they are doing is illegal and needs to stop, especially if they are using obscene language or other abusive tactics. You have the legal right to stop CFAM Financial Services, LLC phone harassment, and you can send a written request to stop contacting you. Debt collectors are legally required to follow the FDCPA. If a collection agency violates the FDCPA, you may be eligible to receive up to $1000.00 in statutory damages, along with covering your attorney fees. Disputes can be filed if your rights are violated, and any disputed debt must be investigated. If the debt is the result of identity theft, you have the right to dispute it. Such actions can negatively impact your credit. Contacting a consumer rights attorney can help stop harassment, and attorneys can act on your behalf to resolve disputes. You can also report violations to the Federal Trade Commission.
Is CFAM Financial Services, LLC a scam?
According to the Better Business Bureau website, CFAM Financial Services, LLC opened a BBB file in 2012. There have been 11 complaints closed in the last 3 years and 4 complaints closed out in the last 12 months.
CFAM Financial Services, LLC Better Business Bureau
What is CFAM Financial Services, LLC?
Address: 8333 Douglas Avenue Ste 1525 Dallas, TX 75225 Phone: (877) 360-2326
CFAM Financial Services, LLC is a debt collection agency that buys defaulted debts, including auto loans and credit card accounts, from various creditors such as credit card companies, car dealerships, and banks. CFAM appears on credit reports as a collection account, which can negatively impact your credit history and result in higher interest rates on future loans. Debt collection agencies like CFAM collect debts on behalf of original creditors and original creditors, including credit card companies and other lenders. Consumer laws protect you from unfair collection practices and inaccurate information reported to credit bureaus. It is important to understand your rights and verify any information reported by CFAM or other debt collectors.
CFAM Financial Services, LLC Phone Harassment Examples
If CFAM Financial Services, LLC engages in any of the following tactics, you may have a case:
- Using profanity or abusive language
- Calling you before 8:00 a.m. or after 9:00 p.m.
- Calling you multiple times per week
- Talking to others about your debt
- Calling your workplace
- Threatening to sue you, harm you, or destroy your credit
- Telling you or anyone else that you’ve committed a crime
- Calling repeatedly for the wrong person
- Failing to notify you of your right to dispute the debt
- Trying to collect more than legally allowed
Known CFAM Financial Services, LLC Collection Call Numbers
Are you receiving any harassing phone calls from any of the following numbers?
(877) 360-2326
If the answer is yes, then you are receiving calls from a known CFAM Financial Services, LLC number. You may be a victim of CFAM Financial Services, LLC phone harassment. CFAM Financial Services calling repeatedly can be a sign of aggressive debt collection practices. The list above is not all the numbers that CFAM Financial Services, LLC uses. The calls can be from a different number and it still be CFAM Financial Services, LLC calling you. Contact our office right away so we can start the process to stop CFAM Financial Services, LLC from calling you illegally. Above all, no one should live with harassment!
Credit Report Implications of Debt Collection
When a debt is sent to a collection agency like CFAM Financial Services, the consequences can extend far beyond persistent phone calls—your credit report and overall financial health may be at risk. Under the Fair Credit Reporting Act (FCRA), debt collectors and collection agencies are required to report accurate and up-to-date information to the major credit bureaus, including Equifax, Experian, and TransUnion. If CFAM Financial Services reports a collection account, this negative mark can remain on your credit report for up to seven years, regardless of whether you eventually pay the debt.
A collection account on your credit report can significantly lower your credit score, making it harder to qualify for loans, credit cards, or even favorable interest rates. This negative impact can linger, affecting your ability to secure housing, employment, or other financial opportunities. That’s why it’s crucial to monitor your credit reports regularly and address any collection activity as soon as possible.
If you believe a debt is being reported inaccurately, you have the legal right to dispute the information with the credit reporting agencies. The FCRA and the Fair Debt Collection Practices Act (FDCPA) protect consumers from abusive practices and ensure that only legitimate debts are reported. Working with a reputable credit repair company can help you navigate the complex process of disputing errors and restoring your credit profile.
It’s also important to verify any debt before making payments. Even though CFAM Financial Services is a legitimate debt collection agency, mistakes can happen, and you should always confirm that the debt is yours and that the amount is correct. If you’re being contacted by CFAM Financial or any other debt collector, request a written notice of the debt and review your credit reports for accuracy.
If you experience harassing phone calls or other abusive practices from debt collectors, remember that you are protected by federal laws. You may be entitled to statutory damages of up to $1,000 and attorney fees if your rights are violated. The Better Business Bureau and other consumer resources can provide valuable information about collection agencies and help you understand your options.
Protecting your credit and financial health starts with knowing your rights. Address debts promptly, dispute any inaccurate information, and don’t hesitate to seek legal action if necessary to stop CFAM Financial Services or any other collection agency from negatively impacting your credit report. By staying informed and proactive, you can minimize the negative effects of debt collection and safeguard your financial future.
Common Questions:
Is CFAM Financial Services, LLC a scam? No, CFAM Financial Services, LLC opened a BBB file in 2012.
Can CFAM Financial Services, LLC seize my property? CFAM Financial Services, LLC can’t seize your property, but there are some exceptions. If the debt was tied to the property, such as an auto loan, the collector may be able to repossess it. Only the original creditor with a valid lien can legally repossess the property. For example, some car dealerships have been known to wrongfully repossess vehicles before the first payment is due or without proper written notice, which is not allowed. If the collector has sued and obtained a judgment against you, the debt collector may be able to take certain property as permitted by the court.
Can CFAM Financial Services, LLC sue me? Yes, CFAM Financial Services, LLC can sue you so long as the alleged debt is within the statute of limitations and is actually owed. If you are sued, you have the right to dispute the debt, especially if you believe it is not valid or is the result of identity theft. Disputes can help protect your rights and ensure you are not held responsible for debts you do not owe.
Can CFAM Financial Services, LLC report my debt to the collections bureaus? Yes, debt collectors are allowed to place the collection account on your credit report. However, any inaccurate or unauthorized information reported by CFAM can be disputed with the credit bureaus. Negative information from CFAM can negatively impact your credit history and may result in higher interest rates on future loans. It is important to address disputes promptly to protect your credit standing.
Can CFAM Financial Services, LLC arrest me? Debt collectors don’t have the authority to have you arrested for a debt. However, if you violate a court order, e.g. an order to appear in court, the judge can issue a warrant for your arrest. Depending on the laws in your state, you may be arrested for certain debts like unpaid child support or traffic tickets.
Debt collectors like CFAM are legally required to follow federal laws such as the FDCPA and FCRA. The Federal Trade Commission enforces these regulations and can be a resource if you believe your rights have been violated.
The following is a sample list of complaints filed against CFAM Financial Services, LLC and can be found on Pacer.org.
1:19-cv-04341-FB-ST Jones v. CFAM Financial Services, LLC
0:16-cv-61517-JEM Colchado et al v. CFAM Financial Services, LLC
1:16-cv-00377-LTB Collins v. CFAM Financial Services, LLC
3:14-cv-00700-RJC-DSC Vicks et al v. CFAM Financial Services, LLC
CONSUMER RIGHTS LAW FIRM, PLLC
Consumer Rights Law Firm, PLLC is a law firm that specializes in helping clients who are facing harassment from debt collectors in any form, including telephone communication. Rather than suffer alone, contact our office to begin the process to stop the CFAM Financial Services, LLC harassment. Our office has been assisting consumers since 2010. We have an A+ rating with the Better Business Bureau.
Consumer Rights Law Firm, PLLC Better Business Bureau
If you are interested in learning more about how to safeguard yourself and prevent even more harassment from CFAM Financial Services, LLC, call us at
Success Stories
“I would highly recommend the Consumer Rights Law Firm to anybody that has been harassed! They were very professional and straightforward about my rights”.
“I had the pleasure of dealing with Consumer Rights Law Firm PLLC on 2 different occasions the staff were very courteous and helpful and they were familiar with the Collection Agency’s in question and the harassment calls stop, I was even compensated. I would recommend this company to anyone going thru this type of harassment a very satisfied customer”.
“Because of a lie from a third party debt collector that threatened me financially I nearly made the mistake of paying the debt collector money I couldn’t afford. The people here were friendly, knowledgeable and settled my case quickly. THANK YOU SO MUCH!!”
Check out a links below for more information:
https://consumer.ftc.gov/articles/debt-collection-faqs
https://consumerlawfirmcenter.com/bayside-capital-services-phone-harassment/
https://consumerlawfirmcenter.com/absolute-financial-services-phone-harassment/
https://consumerlawfirmcenter.com/pendelton-capital-management-inc-phone-harassment/
