Have you noticed Designed Receivable Solutions, Inc. on your credit report but don’t know why? You're not alone. According to reputable online review sites, there are countless allegations against this debt collector for reporting inaccurate debts, refusing to validate debts, and aggressive debt collection strategies.
With that said, whether you believe they’ve treated you unfairly or you’re ready to strike a deal with them, we can help. Contact us today to speak with an experienced FCRA lawyer. Continue reading to learn everything you need to know about Designed Receivable Solutions and how to stop the calls.
Designed Receivable Solutions (also known as Design Billing Solutions) is a legitimate debt collection agency that has been in business since 1997. Unfortunately, it has built up many negative reviews and consumer complaints over this time. For example:
Though they may have these unfavorable ratings, they are not a scam - so it's essential to take debt collection seriously and consider all possible outcomes by conducting your own research on the debt, checking your credit report, and being mindful of what you say to debt collectors on the phone.
If you get a call regarding a hospital bill that you believe your insurance already took care of, it's essential to check your credit report and reach out to Designed Receivable Solutions.
In order to contact them, you can use one of the following methods:
Although it's necessary to communicate with debt collectors, be careful when doing so. They are not trying to be your friend, and their primary goal is collecting money from you by any means necessary - always record interactions, know your rights, and never admit owing the debt until it has been validated.
Depending on the circumstances, they may be calling you to collect a debt on behalf of one of their clients. However, in other cases, the phone call could be the result of false or inaccurate information.
With that in mind, Designed Receivable Solutions may be contacting you for various reasons. Some of the most common ones include:
They typically collect medical debts for hospitals, clinics, and private practitioners. This could be why they're trying to collect an unpaid medical bill from you.
They may also collect consumer debt, such as credit card debt or personal loans. If you have an outstanding debt with a bank or a credit card company, they may try to contact you about this.
Designed Receivable Solutions may be calling you about a debt that isn't yours if you've been a victim of identity theft. Make sure you check your credit report for any such debts and take steps to dispute them if necessary.
They could be calling by mistake if they have mistaken you for someone else with the same name or social security number - inform them of their error in this case and provide the correct information to avoid further calls.
If ever in doubt about why Designed Receivable Solutions or any other debt collector is contacting you, make sure to ask questions and validate the debt yourself. The law requires them to provide certain information regarding it, such as the name of the original creditor, and the amount owed- verify these details before proceeding further.
Lastly, protect your rights by consulting an FCRA attorney if there are any suspicions that they're contacting you illegally.
Designed Receivable Solutions mainly collects medical debt for hospitals, clinics, private practitioners, and other healthcare providers. One of their most notable clients is Cedars Sinai Medical Group. However, it's important to note that they may also collect for different industries, including telecommunications, utilities, banking, credit cards, and more.
Designed Receivable Solutions has received many complaints about potential FCRA violations. If you believe Designed Receivable Solutions has violated your rights under the Fair Credit Reporting Act (FCRA), there are several steps you can take.
According to their Better Business Bureau profile, some of the most common complaints and allegations against them include failing to validate debts, neglecting to provide proof of debt, harassment or abusing consumers, misrepresenting or deceiving them, and reporting inaccurate information to credit bureaus.
If this is something that you have experienced with this debt collection agency, then your first step should be to file a complaint with the Consumer Financial Protection Bureau. Alternatively, you can also contact an FCRA attorney for assistance and advice on protecting your rights.
Before deciding on paying off a debt to Designed Receivable Solutions, Inc, it's important to assess both the potential pros and cons.
Paying off your debt can lead to an improved credit score, especially if there aren't any other delinquent accounts on your credit report.
Once the debt is paid off, they should stop calling you for collection.
Not paying the debt could result in them taking legal action against you, like wage garnishment, property liens, or even filing a lawsuit against you.
Even after settling your debt with them, it could remain on your credit report for up to seven years and impact your score negatively.
Collection agencies like Designed Receivable Solutions may add extra fees, which can make the amount difficult to pay off in full.
By paying off the debt without verifying its validity first, you may be admitting that it's yours, even if it isn't.
Ultimately, whether or not to pay your debt obligation is a personal decision and should depend upon your financial situation and long-term goals. If needed, consider consulting with an FCRA attorney for guidance prior to making this decision.
At Fair Credit, our attorneys can help you navigate the debt collection process, dispute credit reporting errors, and ensure that your rights are protected throughout the process.
Whether you want to get rid of inaccuracies, hold a debt collector accountable, or negotiate a debt settlement agreement you can afford, our attorneys are here for you. Contact us today for your free case review.