Phoenix Financial Services’ website explains that they provide a number of different services including first party / accounts receivable recovery, third party debt collection, and business-to-business solutions. Phoenix Financial Services focuses exclusively on debt collection, specializing in student loan debt, medical bills, unpaid taxes and government obligations. Who does Phoenix Financial Services collect for? Therefore, the collections company is a legitimate business and their attempts to contact you should be taken seriously. Phoenix Financial Services is accredited with a number of associations including ACA International, HIPAA, PCI, DSS, RMAI and the BBB. Buzzfile estimates an annual revenue of $12.1 million with an employee base of 136 for Phoenix Financial Services. According to its website, Phoenix Financial Services is “a results-oriented revenue cycle management firm powered by data driven analytics and backed by the highest standards in regulatory compliance, quality assurance, data security, and customer care.” The BBB also notes that Phoenix Financial Services is managed by COO, Chad Edmonson. Phoenix Financial Services was incorporated in 2014 and created their Better Business Bureau (BBB) profile in 2014 as well. Yes, Phoenix Financial Services is a legitimate business.
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