What does RGS FINANCIAL mean on my credit report?

Learn about RGS FINANCIAL, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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RGS FINANCIAL is shorthand for RGS Financial, with the company name being RGS Financial Inc

RGS Financial is a nationally respected BPO and Accounts Receivable Management Company based out of San Diego, CA. With over $4 Billion in annual revenue, RGS leads the industry in serving the financial services community.

RGS FINANCIAL is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with RGS Financial.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Collection Agency/Attorney

How do I contact them?

Here is the current contact details for RGS Financial:


  • 1700 Jay Ell Dr, Richardson, TX 75081, United States





RGS Financial Inc. provides payment services for businesses of all sizes and industries. They offer first-party, third-party, and BPO Solutions. They are an industry leader that is certified by ACA International’s Blueprint/PPMS and is a Woman Business Enterprise (WBE) and a Historically Underutilized Business (HUB). Contact them to learn more about their services. RGS Financial Inc. offers a variety of financial services, including the ability to make payments over the phone. RGS Financial Inc. offers online payment services for a variety of industries, as well as other services such as business process outsourcing, dispute resolution, and eConsent. RGS Financial Inc. offers payment services and mobile app payment options for clients. Wire transfers are also an available payment option.

Question Answer
Do they offer a monthly payment plan? No
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? No
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

RGS Financial Inc. does not offer loan forgiveness nor does it offer loan consolidation services. There is no information provided on how to qualify for loan forgiveness.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? No

How to Apply

RGS Financial Inc. does not offer online loan applications, over the phone, in person, or through a mobile app. RGS is a financial services and collection agency.

Question Answer
Can I apply for a loan online? No
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? No
Can I apply for a loan using a mobile app? No
Can I apply for a loan with a cosigner? No

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

How do I remove RGS FINANCIAL from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.