Who is Navient Solutions/Municipal Services Bureau? Is This A Scam?
The Municipal Services Bureau (MSB) also operates under the name Gila LLC. This is a loan agency based out of Austin, Texas. The company employs more than 360 people and operates in 39 states across the United States. They focus primarily on state and local government clients, managing the accounts of state governments, the judiciary and municipalities. In 2015, the Municipal Services Bureau was acquired by Nevient Solutions, a leading provider of loads to national students. 25% of all student loans in the United States
The Nevient / Municipal Services Bureau has received numerous consumer complaints alleging violations of the Fair Debt Collection Practice Act (FDCPA). Some consumer reviews have accused Nivient / MSB of making false statements or representations to recover debts. Other examples of alleged violations include attempting to obtain a debt owed, threatening to contact the employer and sharing information incorrectly, and miscommunication tactics.
However, Navient / MSB is not a scam and is in fact an authorized debt collection agency. Nevent / MSB buys loan packages from state governments and municipalities, and then tries to collect loans from consumers. If Navient / MSB has contacted you, it is important that you learn your rights and how to protect yourself before offering any response.
How do I remove the Municipal Services Bureau from my credit report?
Aggregates can damage your credit score and can last up to seven years on your credit report whether you pay it or not. Unfortunately, paying a deposit can also lower your credit score.
However, it is possible to delete a collection account from your credit history before seven years.
(Debt collectors prefer that we do not tell you, but this is something you should know.)
Lexington Law Firm is a credit repair company that helps people fix their credit.
In addition to collecting, Lexington Law can help you remove other incorrect information from your credit report, such as inquiries, late payments, charge-offs, foreclosures, repossessions, decisions, lenses, and bankruptcy.
Should I contact the Municipal Services Bureau or pay?
There is nothing better than talking to a collection agency on the phone. And paying on the collection account will reset the clock. So instead of helping your credit, it can make it worse. Of course, there are times when it’s better to just pay the depositor’s account, especially if it’s new and you believe it’s legitimate.
The best way to handle this is to work with a professional credit repair service. They have removed millions of negative items from companies like the Municipal Services Bureau for millions of clients across the country.
Is the Municipal Services Bureau legitimate?
Is this a scam? The Nevient / Municipal Services Bureau has received numerous consumer complaints alleging violations of the Fair Debt Collection Practice Act (FDCPA). However, Navient / MSB is not a scam and is in fact an authorized debt collection agency.
Who owns the Municipal Services Bureau in Texas?
The Municipal Services Bureau (also known as “Gila LLC”) is a third-party debt recovery agency based in Austin, Texas. In addition to deposits, MSB also operates as a “financial services company for municipalities” and is one of the two business units of Gila LLC, the other being the “Gila Group”.
What is MSB Payment?
The Municipal Services Bureau (“MSB”) wants to partner with you to help you resolve your outstanding obligations. This website will enable you to make online payments and get limited information about your account.
How do I contact MSB?
Call us at 800-616-0166 – Monday to Friday, 7am to 11pm. CT
What is MSB Government Services?
The Municipal Services Bureau (MSB) provides outsourced third party loan recovery and call center services to government agencies across the country. MSB acts as a financial services company for municipalities in the process of billing, notification and payment of invalid municipal fees and penalties.
Is Money Service Business a Financial Institution?
Note: Every Money Services Business (MSB) is a financial institution. For a regulatory definition of “financial institution” see 31 CFR 1010.100 (t) (formerly 31 CFR 103.11 (n)).
What does MSB mean?
The most important bit. In binary number, MSB number is the heaviest bit. Typically, binary numbers are written with MSB in the highest position on the left. LSB is the farthest right bit.
What are the most important bits?
In binary numbers, the farthest left is called the most important bit (MSB), and the farthest right is called the least important bit (LSB). MSB gives the number mark (sign bit), 0 for positive and 1 for negative.
Who is MSB?
An MSB is usually anyone who offers check caching. Foreign exchange services; Or selling products with money orders, passenger checks, or prepaid access (pre-stored value); For more than $ 1,000 per person, per day, in one or more transactions.
Why do people pay for municipal services?
The Municipal Infrastructure Grant helps pay for the construction costs of infrastructure services. Municipalities also charge for the use of services such as electricity, waste collection and water and sanitation services.
What kind of municipal services are there?
What is municipal service?
- Water supply.
- Sewage collection and disposal.
- Refusal to remove.
- Electricity and gas supply.
- Municipal Health Services
- Municipal roads and stormwater drainage.
- Street lighting
- Municipal parks and amusement parks.
What are the common complaints against Nevent Solutions / Municipal Services Bureau?
As of October 2018, the Consumer Financial Protection Bureau (CFPB) has received more than 26,000 complaints regarding debt collection methods of innovative solutions. Examples of common complaints against Nevient include attempts to obtain outstanding debts and improper communication tactics.
The following two real-world examples of complaints against Nevient Solutions illustrate such alleged violations.
- Consumers allege that Nivent uses the wrong communication tactics.
“I made several phone calls to all my family members and told them about my personal financial situation.”
- Consumers allege attempts to recover debts owed
“Many calls for our son, all recordings, repeated calls, saying that he needs to call them in connection with his debts. Identified as a newcomer. 1) Our son has no debt on them.”
Why is my Municipal Services Bureau on my credit report?
You can see the Municipal Services Bureau listed on your credit report as a collection account. This could happen if you forgot to pay the bill and your account was sent to the creditor. Aggregates can damage your credit score and can last up to 7 years on your credit report whether you pay it or not.