What Is Transworld Systems?
Transworld Systems (TSI) 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 Transworld Systems A Real Company, Or A Scam?
Transworld Systems Inc is a real, legit company. Originally founded in September 1970 in California, and currently headquartered in Wilmington, DE, they are one of the largest debt buyers (collection agencies) in the US. With over 1000 employees, MCM generated over $100 million in revenue in 2019.
2235 Mercury Way Ste 275
Santa Rosa, CA 95407
Transworld Systems collection accounts may show on your credit report as "transworld collections", "transworld inc", "transworld systems debt collection", "tsi 33", "tsi/33", "tsi 940", "tsi 980", "tsi 55", "tsi/55", or "transworld financial".
Should I Negotiate A Settlement Or Pay Transworld Systems?
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 Transworld Systems and companies like them for thousands of clients nation-wide.
We can help you too.
Will Transworld Systems 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.
Transworld Systems Complaints
Transworld Systems currently sit with a little over 5,000 complaints filed with the Consumer Financial Protection Bureau (or CFPB) and over 300 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, “[..] a nationally recognized collection agency known as Transworld System Inc. is trying to collect on debts for a public utility company known [..] knowing that the legal timeline to enforce any collection on said debt has passed a long time ago. However, after several written disputes this collection agency states that the collections will be removed in 2021” This is typical of Transworld Sytems. Unless you have a thorough understanding of the laws that control them, they don’t care, and they’ll lie, and cheat. We know how they operate.
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 Transworld Systems Collection Accounts?
We specialize in disputing Transworld Systems accounts and have removed them and companies like them for thousands of clients nation-wide. We can help you too.
How To Complete Payment To Transworld Systems Inc
You can make payments to Transworld Systems Inc through their online portal.
How To Negotiate A "Pay For Delete" With Transworld Systems Inc
To negotiate a "pay-for-delete" settlement with Transworld Systems Inc, you need to agree to a plan to pay back the debt. Once the debt has been paid, Transworld will remove it from your report.
Does Transworld Systems Report To Credit Bureaus?
Transworld reports to all three major credit bureaus — TransUnion, Equifax, and Experian.
Remove Transworld Systems 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.
Transworld Systems Customer Service (& Debt Collections) Phone Number