What Is Bull City Financial On My Credit Report?
Bull City Financial is a debt collection agency. If you are seeing them on your credit report, it likely means they have purchased your debt from a creditor and are (or will be) attempting to collect it from you.
Is Bull City Financial A Debt Collection Agency?
Yes, Bull City Financial is a debt collection agency. They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off").
Bull City Financial may attempt to reach out via mail or phone calls (demanding payment). The worst part is a collections account will now be seen on your credit report. This hurts your score, as well as reducing your chances of getting approved for a loan or other important financial event.
But it’s not all bad news! We may be able to help you with this account. Call us today to find out more.
Who Does Bull City Financial Collect For?
Bull City Financial purchases debt from a range of different creditors. The information isn’t always publicly available and is constantly changing, so it’s difficult to provide an accurate and up-to-date list.
Does Bull City Financial Hurt My Credit Score?
Yes, it is highly likely having Bull City Financial on your credit report is damaging your score significantly.
How to Avoid Debt Collection Scams
Debt collection scams have become a serious issue in recent years. Scammers use aggressive tactics like threatening language, repeated phone calls, or even legal action to intimidate people into paying debts they don’t owe. To protect yourself, be mindful of your rights and verify the identity of anyone claiming to be a debt collector by asking for a written validation notice within five days of first contact. If you think you are being targeted by a scammer, report it to the Federal Trade Commission and your state Attorney General's office. For additional help with identifying and dealing with potential scams, contact Credit Sage for assistance.
Protect Your Credit Score While Dealing with Debt Collectors
Dealing with debt collectors can be an overwhelming and stressful experience, especially when you're concerned about the effects it may have on your credit score. Remember, the longer a collection account remains on your file, the more it will affect your score. To help minimize its impact, you can negotiate a pay-for-delete agreement where you agree to pay a portion of the debt in exchange for removal from your credit report. Alternatively, working with a credit repair specialist like Credit Sage can help you dispute and remove erroneous or fraudulent information from your credit report - improving your overall score and reducing the detrimental effects of any negative information caused by debt collectors.
How Do I Remove Bull City Financial From My Credit Report?
To be eligible to remove Bull City Financial from your credit report, you typically need to meet the following requirements:
- Any information on the account is incorrect
- Any information on the account is error’d
- Any information on the account is fraudulent
- And is not (or cannot be) fixed in an appropriate amount of time
According to a study by the U.S. PIRGs, 79% of credit reports contain mistakes or serious errors. Going after these types of accounts for our clients is our specialty.
Should I Pay For Delete With Bull City Financial?
Paying off Bull City Financial to have credit bureaus delete it from your report sounds like a good idea. There's one major problem. Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collection remains on your report for 7 years (from the date of first delinquency). This means your credit is still damaged.
Should I Negotiate A Settlement With Bull City Financial?
Settling your debt with Bull City Financial could go both ways. It may help your score, but it may also hurt your score. Many variables impact the end result. There is a better path to a good result. Work with a company that is able to review these accounts for you (like Credit Sage), and if any issues with the account exist you may have it removed all together (and never have to hear from them again).
Is Bull City Financial Legit, Fake Or A Scam?
Bull City Financial is a legitimate company. They aren’t fake or trying to scam you. But it is likely they are spam calling you trying to collect a debt. One of the best ways to deal with this is to dispute and remove unvalidated debts.
Why Do Bull City Financial Keep Calling Me?
Bull City Financial continues to call and attempt to collect a debt. The best thing you can do is ignore their calls and speak with a company that can help you get it removed (like Credit Sage).
How To Get Bull City Financial To Stop Calling Me?
As we’ve mentioned above, Bull City Financial will be calling you to attempt to collect a debt. The best thing you can do to stop this is speak with a company that can help you get them removed from your credit report, like Credit Sage. Once they are off your credit report, you won’t have to hear from them again.
Bull City Financial Reviews And Complaints
Bull City Financial has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Bull City Financial Try Suing Or Garnishing My Wages?
Bull City Financial suing would be a very unlikely situation. In rare cases it may happen, but it certainly isn’t the norm. State and federal laws place limits or 'exemptions' that apply to bank and wage garnishments.
We strongly recommend calling us, we’ll help determine the likelihood of a lawsuit, but also provide you next steps in getting this collection removed.
Does Bull City Financial Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Bull City Financial does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Bull City Financial?
You have the right to dispute any of your debt that Bull City Financial has purchased. Bull City Financial is governed by the Fair Debt Collection Practices Act (or FDCPA) and the Fair Credit Reporting Act (or FCRA). While these acts seem very complicated, they provide a great deal of power to the consumer if you know how to use it properly.
What Is Bull City Financial Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Bull City Financial. The reason? You may not want to pay Bull City Financial debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Bull City Financial Removed From Your Report, Today!
In most cases, we recommend speaking with a Credit Repair professional to analyze your credit report before you attempt to settle any debt. The main reason? Settling your debt may actually hurt your score.