Who Is Alltran Financial?
Alltran Financial, formerly United Recovery Systems, is a debt collection agency. Debt collectors may contact you directly or a loved one about a possible debt you may owe.
Alltran is based out of Houston and is one of the larger debt collection agencies in the U.S. The company collects on unpaid credit cards, personal loans, student loans, and other debts.
While you may not be familiar with Alltran Financial, it may have purchased a charged-off debt from one of your original creditors — typically for pennies on the dollar — and is trying to collect the full amount from you. The collection process typically starts when you’ve been late on a payment for at least 180 days or you’ve paid less than the minimum amount due for that amount of time.
Once it has purchased your debt from a lender, it will report it to the three national credit bureaus as a collection account, which can damage your credit score.
The contact information for Alltran is as follows. Before you call, though, remember they are debt collectors, and calls are often recorded at debt collection agencies.
Alltran Financial, LP
5800 North Course Drive
Houston, TX 77072-1813
Phone number: 800-568-0399
Alltran Lawsuits
Alltran has been sued multiple times for violating the Fair Debt Collection Practices Act (FDCPA) and the Telephone Consumer Protection Act.
In one proposed class-action lawsuit, a plaintiff alleged that the agency sent a letter implying that their balance could increase without stating whether it was subject to interest, a tactic that’s deceptive and prohibited by the FDCPA.
In another lawsuit filed in Texas, a consumer filed a complaint alleging that Alltran continued calling her after she instructed the agency to stop. They also contacted her employer, disclosed information about the alleged debt to her employer and co-workers, and threatened her with legal action.
Alltran Complaints
The Consumer Financial Protection Bureau (CFPB) received eight complaints about Alltran Financial in 2019 and 13 complaints about United Recovery Systems, the agency’s former name. Complaint topics included:
- Improper use of the consumer’s credit report
- Attempts to collect a debt not owed
- Took or threatened to take negative or legal action
- False statements or representation
- Communication tactics
According to the Better Business Bureau, Alltran Financial LP is not BBB accredited business. Alltran has a rating of one out of five stars based on the average of six customer reviews on the BBB website.
If you believe Alltran has violated your rights, you can report the agency to your state’s attorney general, the Federal Trade Commission, and the CFPB.
What To Do If Alltran Has Contacted You
If Alltran has called or contacted you, your loved ones, or even your workplace about paying them for a debt they claim you owe, or they’ve filed a lawsuit against you, it’s essential to know your consumer rights and how to take the next steps.
Regardless of the reason for contact, it’s a good idea to work with a debt resolution law firm to get the help you need.
Tayne Law Group has been in the debt resolution industry for a combined over 60 years resolving debts. We’ve dealt with Alltran and many other debt collection agencies. In one case, Tayne Law settled with Alltran on behalf of a client on a Citicards account. The original balance was $59.138.68, and we settled for $17,742 saving the client $41,396.68.
If Alltran has contacted you, we want to help you understand your debtor rights and work with the agency to resolve the situation quickly and effectively. We can also help you save money and avoid or remedy legal actions like garnishments.
It’s also important to note that it’s not uncommon for debt collection agencies to try to collect on phony accounts. If you don’t recognize the debt account Alltran is contacting you about, make sure you know your rights before engaging in conversation about your debt.
Call Tayne Law Group for a free no-obligation call at 1-866-890-7337 with our debt resolution staff to discuss a debt resolution strategy or just to learn more about Alltran debt collection agency.
Working with the right debt resolution law firm like Tayne Law will give you peace of mind that your debts are being handled in the best possible way.
