Halsted Financial Services

Halsted Financial Services Reviews

Halsted Financial Services Reviews
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About Halsted Financial Services

Halsted Financial Services is a debt collection agency operating nationwide. It works with creditors in various industries to recover outstanding consumer and business debts and offers repayment options that help you restore financial independence. It ensures that consumers are fully informed about their rights under the Fair Debt Collection Practices Act (FDCPA) and other relevant legislation.

Pros & Cons

Pros
  • Variety of payment options
  • Online account access
  • Focus on regulatory compliance
Cons
  • Debts can negatively affect your credit score
  • Can receive multiple collection phone calls

What is Halsted Financial Services?

Based just north of Chicago, Halsted Financial Services is a debt collection agency that says it is focused on blending digital innovation with human interaction to assist consumers in resolving their debts.

The company offers flexible debt repayment options for as little as $50 per month to help you settle your debt.

Halsted Financial Services is accessible 24/7 through its web portal and online payment features. If you need to talk with someone, its customer service agents are available ​​from 7 a.m. to 8 p.m. Central time at 855-284-0831.

How does Halsted Financial Services work?

When a consumer becomes delinquent on their payments to a creditor, such as a bank or credit card company, that creditor may contact a debt collection agency such as Halsted Financial Services.

When this happens, Halsted contacts the debtor on behalf of the creditor. If you’re a debtor and choose to work with Halsted, the company will then attempt to negotiate payment plans or settlements for outstanding balances on your behalf.

You can contact Halsted by phone, mail or the online portal to discuss your accounts and repayment options.

One example of a debt repayment plan listed on Halsted Financial Service’s website is for $1,000 in delinquent debt. If a debtor can repay this with one payment, they can save as much as 50%, paying only $500 to settle their debt.

For those who can’t make a large upfront payment, Halsted Financial Services also offers a range of repayment plans with manageable monthly payments.

Halsted Financial Services plans

As a debt collection company, Halsted Financial Services only offers the following services:

  • Debt collection: Primary service focuses on recovering outstanding balances owed to creditors.
  • Account management: Provides tools for debtors to view balances, set up payments and monitor progress.

Halsted Financial Services pricing

The cost for debt collection companies is different for every debtor, depending on how much you owe, how much you can pay upfront and who your debt is with.

You will need to contact Halsted Financial Services directly to figure out how much you will need to pay and if there are any additional fees associated with your debt repayment.

Halsted Financial Services FAQ

What should I do if contacted by Halsted Financial Services?

If you’re contacted by Halsted Financial Services, make sure you understand your rights under the FDCPA. Request debt validation in writing and communicate any disputes about the debt. If you believe this debt is a mistake or fraud, contact the company immediately.

Does Halsted Financial Services report to credit bureaus?

While Halsted Financial Services may not directly report to the credit bureaus, unresolved debts can be sent to reporting agencies by the original creditor.

Can I stop Halsted Financial from contacting me?

You can request in writing that Halsted Financial Services cease communication, but this does not erase the debt.

Is Halsted Financial Services worth it?

As far as a debt collection company goes, Halsted Financial Services has many positive reviews on competitor websites and is upfront about its commitment to upholding FDCPA rules.

The fact that consumers can request to remove their number from Halsted’s call list or submit complaints directly to the company shows a level of dedication to the consumer.

With that being said, it is still a debt collection company, and it can be financially hard for many to repay debt and manage a repayment schedule.

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Halsted Financial Services Company Information

Company Name:
Halsted Financial Services
Website:
halstedfinancial.com