Introduction to Commonwealth Financial Systems

Headquartered in Dickson City, PA, Commonwealth Financial Systems is the area’s premier collection agency, having served clients in Northeastern Pennsylvania for over 25 years. However, the company serves nationwide.

Their diversified client base includes Debt Purchasers, Financial, Retail, Commercial, Government and Medical Clients. They offer a full array of accounts receivable management services to their valued clients. The company’s approach to each client employs a strategy that completely addresses clients’ needs while maintaining the flexibility in the services provided.

The Mission Statement

Commonwealth Financial Systems are Northeastern PA’s leaders in the field of Accounts Receivable Management and Financial Services. They are dedicated, well-trained professional staff is committed to providing diversified outsourced solutions to maximize debt recovery for all the clients.

Their success in assisting the clients and their company is based on the collective experience, leadership, and integrity of their own team. They continue to utilize the latest technology and delivery systems as well as maintain the highest standards of compliance. Through this strategy, we aim to achieve their goal of becoming a national leader in the industry. They are also located in Dickson City, PA.

A Commitment to Excellence

This mission statement spells out their commitment to excellence, achieving the best results for clients while maximizing the return to their shareholders. The company is also committed to achieving the highest level of personal success and professional opportunities.

The Use of Latest Technology

Commonwealth Financial Systems of Dickson City, PA has made a substantial investment in the technology infrastructure that supports their business. The proprietary software they use is standard in this industry. The components of their software support include, but are not limited to the following:

  • Varied client commission structures
  • Credit bureau reporting
  • Extended debtor searches
  • State and agency contact restrictions
  • Postdated check processing
  • Automated payment processing
  • Collector productivity tracking
  • Client performance analysis
  • Trust accounting
  • Client statements
  • Automated dunning notices
  • Installment payment plan processing
  • Payment receipt processing
  • Password and menu level security
  • Check printing
  • Download and upload capabilities
  • Contact notes

Commonwealth Financial Systems Contact Details

Address:245 Main St, Dickson City, PA 18519, USA

Phone: +1 570-347-1115

Customer Reviews of Commonwealth Financial Systems

Read the below mentioned BBB review in which the customer criticizes the company as being fraudulent consisting of liars and crooks on account of a medical bill being paid long back and was removed from the credit report but an old bill was dug in 2010 and put back on his credit report. The comment from the business expresses their inability of account identification and suggests to be in touch with the collections manager:

Harassment by Commonwealth Financial Systems

  • Calling you at work after you asked them to stop.
  • Contacting your friends and family members in an attempt to get you to pay.
  • Disclosing to anyone that you owe a debt.
  • Threatening anything “legal” against you if they are not an attorney
  • Attempting to contact you once you’ve retained an attorney.
  • Harassing, insulting, or verbally abusing you.
  • Calling repeatedly on the same day
  • Not disclosing to you that they are a debt collector during every communication.
  • The use or threat to use violence or other criminal means to harm the physical person, reputation, or property of any person
  • The use of obscene or profane language or language the natural consequence of which is to abuse the hearer or reader
  • The publication of a list of consumers who allegedly refuse to pay debts
  • The advertisement for sale of any debt to coerce payment of the debt
  • Causing a telephone to ring or engage any person in telephone conversation repeatedly or continuously with intent to annoy, abuse, or harass any person at the called number
  • The placement of telephone calls without meaningful disclosure of the caller’s identity as a debt collector
  • The engaging in any conduct the natural consequence of which is to harass, oppress, or abuse any person in connection with the collection of a debt

How to Handle Commonwealth Financial Systems?

Here are several additional things to remember so that you can deal with debt collector harassment.

  • Don’t Engage: If the phone rings and it’s a debt collector, keep the conversation as short as possible. Ask them to send a letter outlining the amount of the debt and the original creditor. Do not volunteer any personal or banking information, including social security, credit card or bank account numbers.
  • Ask for ID: Debt collectors are not allowed to act anonymously. When asked, they must identify themselves to you with their name and the name of their collection agency. Additionally, they are not allowed to suggest or falsely claim that they represent or have any connection with government agencies.
  • Verify the Debt: Request written notice of the debt, which should include the amount owed, the name of the original creditor and information on how to dispute the debt if you don’t believe it is valid. By law, collectors must provide this within five days of your request. If it appears the debt is a result of identity theft, report it to the Federal Trade Commission.
  • Verify the Agency: If you determine that the debt is yours and you agree to pay it, make sure the collection agency is a valid one. Do your research online and ensure that you are sending payment or giving your payment information to a reputable collection agency. Keep an eye on your credit report and bank accounts to be sure that your payment is being applied correctly and they are debiting only the amount you’ve authorized.
  • Ask for Help: If you’re dealing with multiple collectors or feel you’re unable to repay the debts you owe, it’s probably the time to ask for help. Credit counseling, a debt management plan or bankruptcy counseling – all available from Take Charge America — can help you get back on track financially.

How Can Debt Academy Help You?

This company provides reliable services to customers to help them get a handle on their debt. After going through counseling, if a client decides to move forward with a program, they will connect the client with one of our partners for further debt resolution.

  • Reasonable and Competitive Fees: People struggle to afford to pay their bills. Debt Academy isn’t expensive to work with. There is no need to pay any money before you come to an agreement with a creditor.
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  • Availability Across the States: Debt Academy is licensed in different states. This makes it to be appropriate for the most people possible. People choose Debt Academy that has customers in as many states as possible.