What Is LVNV Funding LLC?
LVNV Funding, LLC is a debt collection agency. They're probably on your credit report as a 'collections' account. This usually happens when you forget to pay a bill. If a collection is on your credit report, it's damaging your credit score (unless removed).
You might not have to pay your debts!
Paying your debts may hurt your credit (and lower your score).Give Credit Glory a call (and chat with a friendly credit repair expert).
We'll help navigate your Credit Report and understand if partnering w/ us to remove inaccurate, negative items (to boost your score) makes sense! Call us, now, to learn more: (855) 577-2276
Is LVNV Funding A Real Company, Or A Scam?
LVNV Funding, LLC is a real, legitimate company. Originally founded in 1998 in South Carolina, currently headquartered in Greenville, SC, they are one of the largest debt buyers (collection agencies) in the US. With over 200 employees, they generated over $50 million in revenue in 2019.
9700 Bissonnet Ste 2000
Houston, TX 77036
LVNV Funding collection accounts may show on your credit report as "lvnv", "lvnvfundg", or "lvnv collections", or "lvnv funding llc credit one bank".
Should I Negotiate A Settlement Or Pay LVNV Funding?
Unfortunately, settling (in full or not) may not help your credit. Once a collection account is added to your credit report, your score will be damaged for seven years regardless of payment. Fortunately, you have options. Credit Glory has successfully disputed collections from LVNV Funding LLC and companies like them for thousands of clients nation-wide.
We can help you too.
Will LVNV Funding Bring A Lawsuit Against Me, Sue Me, Or Garnish My Wages?
No, not always. But if they do it’s not a good thing and can be a very scary experience. If you work with a professional like Credit Glory to challenge their debt, ensuring accuracy, timeliness, and validity of their reporting, you may never have to deal with them ever again. Call to learn how we can help you avoid lawsuits and being sued altogether, while fixing your credit.
LVNV Funding Complaints
They currently sit with a little over 5,000 complaints filed with the Consumer Financial Protection Bureau (or CFPB) and over 400 with the Better Business Bureau. Many complaints are about inaccurate reporting and/or lack of response to debt verification requests.
One of these complaints reads, "The creditors LVNV Funding LLC are harassing me about an extremely old debt which I do not owe, the debt is in the amount of $3800.00. LVNV has not provided sufficient information for me to identify the debt. I never signed any agreement with LVNV Funding LLC. I do not owe this debt and it is over the New Jersey statute of limitations, and even if I did owe it it's passed the statute to be collected." In this case, LVNV FUNDING LLC did nothing wrong. They purchased a debt from this consumer's creditor (which was not named) which they're within their rights to do. However, had this consumer had someone to help them properly create challenges to this debt, they may have been able to get rid of it completely. Unfortunately, they haven't been educated and don't have the necessary help.
This means working with a professional like Credit Glory to challenge your negative accounts has a good chance to get them deleted, improving your score and allowing you to qualify for the home, car, and credit cards you need.
Can You Remove LVNV Funding LLC Collection Accounts?
Credit Glory specializes in disputing LVNV Funding LLC and companies like them, and has had success for thousands of clients nation-wide. We can help you, too!
How To Dispute Lvnv Funding Llc
The first step in disputing LVNV Funding LLC is requesting they provide evidence the debt is yours. If there isn't enough evidence to prove it's your debt, you have a strong case to dispute it.
How To Negotiate A "Pay For Delete" With LVNV Funding LLC
Whether it's a payment plan or lump sum, you can negotiate a "pay-for-delete" settlement with LVNV Funding LLC. This means once you pay your debt, LVNV will request it's removed from your credit report.
How To Negotiate A Settlement With LVNV Funding LLC
If LVNV has bought your debt and you owe them money, they may offer to settle it with you at a one-time discounted rate. You may also negotiate a "pay-for-delete" agreement to settle your debt.
LVNV Funding LLC Class Action Lawsuit
LVNV is currently facing a class-action lawsuit. The lawsuit accuses LVNV of falsely reporting closed accounts as open.
LVNV Funding LLC Removed From Credit Report
There are several ways you can remove LVNV from your credit report. First, validate that the debt is yours, and if it isn't, you can dispute the collection. The easiest way to dispute your credit report's inaccuracies is with help from a credit repair company like Credit Glory.
LVNV Funding LLC Wage Garnishment
Under the Fair Debt Collections Protection Act (FDCPA), LVNV Funding LLC cannot legally garnish your wages. If LVNV is on your report as an error, Credit Glory can help you dispute it and have it removed.
What To Do If LVNV Funding LLC Is Actively Suing You
If LVNV Funding LLC is actively suing you, you still have options. Creditors need to prove you own the debt. If they can't prove the debt is yours, you can dispute it and challenge the suit.
What To Do If You Received A Summons From LVNV Funding LLC
If you've received a summons from LVNV, there are several things you can do. Requesting validation helps determine whether or not the debt is yours. If the debt is old enough, you may be able to use the statute of limitations to dispute it.
lvnv funding debt validation letter (Is sending LVNV a debt validation letter important?)
If LVNV claims you owe them money, sending them a debt validation letter makes them provide evidence for their claim. If they can't prove the debt is yours, you can dispute it. The easiest way is with help from an experienced credit repair company (like Credit Glory) who quickly dispute the claim for you.
lvnv funding LLC credit one bank (Does LVNV Funding LLC collect for Credit One Bank?)
Yes, often Credit One Bank will contract LVNV Funding to collect outstanding debts. If you have been contacted by LVNV about a debt, the first thing you should do is have it validated. If they can't prove that it's yours, you can quickly dispute it with help from Credit Glory.
Remove LVNV Funding LLC From Your Report, Today!
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (855) 577-2276 or setup a consultation with them. They also happen to have incredible customer service.
Credit Glory is a credit repair company that helps everyday Americans remove inaccurate, incomplete, unverifiable, unauthorized, or fraudulent negative items from their credit report. Their primary goal is empowering consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.
LVNV Funding LLC Customer Service (& Debt Collections) Phone Number