Tag: letters to debtors
How To Handle LVNV Funding
March 6th, 2010, Comments Off
Debts that are not yours could be sold to LVNV Funding, which is a collection agency with questionable business practices. They are very unorthodox and place erroneous debts on credit reports solely as a way to make money. The amounts are usually inflated or padded so they make a profit, and are difficult to remove without legal help.
How To Use Debt Validation To Fight Collection Agencies
February 28th, 2010, Comments Off
There are many collections agencies in the credit world that use unscrupulous methods to collect money owed on a debt. Sometimes these debts are marked up to as much as 150% of the original amount in question. They are against the Fair Credit Reporting Act, but they must be challenged in a court of law to be removed from your credit reports. Until such time as the court sees fit, they can do irreparable damage to your credit rating and create havoc in your financial life.
