Transfinancial Companies: Who They Are and Your Rights

Type

Collection agency

Also known as

Transfinancial Companies, Inc; Transfinancial Companies, LLC

Headquarters

Baton Rouge, LA

Phone numbers it lists

(225) 767-5055, (800) 611-7508

Website

transfinancialco.com

125 debt collection complaints were sent to the Consumer Financial Protection Bureau about Transfinancial Companies, Inc from November 13, 2023 to November 12, 2026. A complaint is a consumer's account, not a finding that the company broke the law. Read the complaints in the CFPB database.

Who Is Transfinancial Companies?

Transfinancial Companies is a collection agency at 7922 Picardy Avenue, Baton Rouge, Louisiana 70809. Its website identifies the business as Transfinancial Companies, LLC and states that "this communication is from a debt collector." The CFPB's complaint database lists it as Transfinancial Companies, Inc. Its BBB business profile gives a start date of October 1, 1992, incorporation in 1995, and Anthony Verdicanno as president.

The company publishes two phone numbers, (225) 767-5055 and (800) 611-7508, plus a help-desk email address and an online payment portal. Its site is short and does not list clients, industries or state licenses.

We did not find a CFPB enforcement action against Transfinancial Companies.

Why Transfinancial Companies May Be Contacting You

Because the company does not publish its client list, the only reliable way to know why it is contacting you is to read what it sends. The first letter, or a notice delivered within five days after a first call, should name the creditor you supposedly owe. Many people who hear from a Louisiana agency have lived or received services in Louisiana, but an account can be placed with an out-of-state agency no matter where you live now.

If you get a call and the caller will not identify the creditor, ask for the information in writing before discussing the account or paying anything.

How to Check a Debt Transfinancial Companies Says You Owe

With a collector that tells the public little about itself, the validation process does most of the work for you.

• Insist on the validation notice. Federal law (15 U.S.C. § 1692g; 12 C.F.R. § 1006.34) requires it to identify the creditor, give an itemized balance and list your dispute deadline. Our explainer on validation notices shows what to look for.
• Dispute in writing within that period if you do not recognize the creditor or the amount. The agency must stop collecting until it sends verification.
• Ask who owns the account now and for the original account number, then contact the original business to confirm the account and any payments it received.
• Compare the balance with your records, including bank statements showing payments you made before the account was placed.
• Watch the limitations period. Texas generally allows four years to sue on a debt (Tex. Civ. Prac. & Rem. Code § 16.004), and debt buyers may not sue on time-barred consumer debts (Tex. Fin. Code § 392.307). Louisiana and other states use their own rules.

What Transfinancial Companies Can and Can't Do

Collecting debts owed to others makes the company a "debt collector" under 15 U.S.C. § 1692a(6). That means:

• It must identify itself as a debt collector in its communications (15 U.S.C. § 1692e(11)).
• It may not leave messages that reveal the debt to someone else who might hear them, such as a roommate or coworker (15 U.S.C. § 1692c(b)).
• It may not call at inconvenient times, generally before 8 a.m. or after 9 p.m. (calling hours).
• It may not threaten arrest or a lawsuit that will not be filed (15 U.S.C. § 1692e(4)-(5)).

Questions about a collector? See our FDCPA attorneys page.

We Sue Debt Collectors That Break the FDCPA

Texas Debt Law files Fair Debt Collection Practices Act lawsuits against debt collectors in federal court for consumers in Texas, California, Illinois, Georgia and Colorado. If Transfinancial Companies or anyone collecting for it harassed you, misstated what you owe, threatened action it could not take, or told others about your debt, you may have a claim. A court can order a collector that violated the FDCPA to pay your actual damages, up to $1,000 in additional statutory damages, and your attorney's fees and costs (15 U.S.C. § 1692k(a)). An FDCPA claim generally must be filed within one year of the violation (§ 1692k(d)), so keep your letters, call logs, voicemails and screenshots, and talk to us early. Texas residents may also have claims under the Texas Debt Collection Act. Learn more from our FDCPA attorneys.

Free FDCPA Case Review(214) 851-2250

Or start your free case evaluation online. No lawyer can promise a result; every claim depends on its facts and proof.

Sources

• Transfinancial Companies: home page
• BBB business profile: Transfinancial Companies (business facts only)
• CFPB enforcement actions search: Transfinancial
• CFPB Consumer Complaint Database: Transfinancial Companies, Inc, debt collection

This profile is general information compiled from public sources, not legal advice, and it does not state or imply that Transfinancial Companies has violated any law. Company details change; tell us if something here is out of date.