Is First Investors
Trying To Collect a Debt from You?
First Investors is a finance company.
What To Look For Against First Investors:
- Inaccurate Credit Reporting
- Calling the Wrong Number
- Harassing You by Phone (Your debt)
- Already Paid the Bill
- Not Your Account
- Past the Statute of Limitations (deadline)
What are Your Rights Against First Investors?
If you are being wrongly called by First Investors, you have a right to file suit under the Telephone Consumer Protection Act for $500 to $1,500 per call since you were calling the wrong person.
If it is your debt, you have the right to make them stop calling. If you have told First Investors to stop calling but they continue to call, you may have a claim for damages under the Telephone Consumer Protection Act. We regularly help consumer collect under the TCPA.
There is also a prohibition on calling too many times. If you think the number of calls from First Investors is just too many, it probably is. Reach out and see what we think.
You have the right to have an accurate credit report. If First Investors is reporting falsely, then disputing to the credit agencies is a good first step. We can assist you with any questions you have.
What is First Investors' Address?
8320 Arkansas, #107, Sherwood, AR 72120
BBB and CFPB Continue to Receive Complaints Against First Investors
First Investors Financial Services is among the auto lending companies which receives plenty of consumer complaints at Better Business Bureau (BBB) and Consumer Financial Protection Bureau (CFPB).
In the Complaint Database of CFPB, there are already a total of 1,099 complaints against First Investors Financial Services as of September 2019, while based on latest Complaint Database of BBB, a total of 18 complaints belong to First Investors.
In the past years, the BBB has already closed more than 20 complaints against the said auto loan lending company. Mostly, these complaints are related to alleged issues with collections, billing, improper credit reporting, and customer services. Based on the profile page of BBB, the First Investors was unsuccessful to respond to any of the complaints. In fact, there are only 8 complaints being reported as resolved.
In September 2018 complaint against First Inventors Financial Services at CFPB, the consumer says “On or about XX/XX/2018 I sent written correspondence to First Investors providing clear instructions on how my future overpayments should be applied. First Investors has failed to acknowledge said letter and apply subsequent overpayments as instructed.” This consumer complaint is all about issues on the billing process.
What Are the Common Alleged Debt Collection Tactics of First Investors Financial Services?
First Investors allegedly performs debt collection harassment tactics, which include the following:
- Does multiple calls per week
- Consumers receive early morning and late-night phone calls
- Does phone calls at consumer’s workplace
- Calls family, friends, neighbors, employer, the or co-workers of the consumer
- Threatens the consumer with arrest, lawsuit, or violence
- Threatens the consumer with negative credit reporting
- Attempts to intimidate the consumer
- Does criminal accusations towards the consumer
- Uses obscene language during the collection attempt process
- Makes automated robocalls in attempting to collect
Since September 2018, the CFPB has received the following complaints against First Investors:
- Issues when consumers fail to pay a debt
- Unable to give enough information to verify a debt
- Billing problems
- Incorrect information on the credit report
- Threatens to take legal actions
- Loan balance remains after the vehicle is repossessed or sold
- Attempts to collect a debt not owed
- Credit inquiries on the report that consumers do not recognize
According to the BBB website, the following complaints are against First Investors, since 2017:
Issues with services or product
Billing or collection issues
First Investors Financial Services Address:
380 Interstate North Parkway, Suite 300, Atlanta GA 30339
Telephone: (800)249-6305
According to the Fair Debt Collection Practices, a consumer is protected from abusive debt collectors. This act claims that a debt collector or debt collection agency cannot use any misleading or deceptive representation. Any misrepresentation is considered as a violation of the said act, like using a uniform or badge just to pretend that they are a government employee who collects a debt.
Contact Us Today
If you feel like you have had your rights violated by First Investors, contact us today.