LVNV Funding LLC is a collection agency that goes after consumers who have allegedly failed to honor a contract. LVNV Funding is a debt buyer rather than simply an agency who collects on a commission basis for a third-party. What this means is that LVNV Funding actually purchases a debt from the original creditor and therefore gains all rights under the original contract. For example, if LVNV Funding bought your charged off Sears & Roebuck credit card account, you no longer owe Sears & Roebuck. Instead, you owe LVNV Funding. Sears & Roebuck no longer has anything to with the account.
LVNV Funding usually purchases consumer debt such as credit card or retail debt, e.g. Sears & Roebuck. LVNV Funding is commonly known to use intimidating debt collection techniques like repetitive phone calls, collection (or dunning) letters, and reporting derogatory credit information on your credit report.
LVNV Funding may be reporting negative information about your credit history which can stand in the way of a bank approving you for a loan, such as a mortgage, auto loan, or bank card.
Fortunately credit reporting laws may give you a loophole which you can use to get derogatory LVNV Funding items deleted from your credit record. Sometimes you can study these laws and repair your credit by using self-help techniques. A quicker alternative is to contact a credit credit repair agency who is familiar with the credit reporting laws. This is exactly what I did and I got amazing results.
I Got Rid of LVNV Funding and Fixed my Credit Score
LVNV Funding LLC bought one of my credit card debts from Sears and then reported a “Charge Off/Collection” to the credit bureaus. I contacted LVNV as well as the credit reporting agencies to see if they would agree to delete the information. I got nowhere. In addition to LVNV Funding, I was dealing with other collection agencies and delinquencies.
Have you fallen behind in your bills?
Are you about to fall behind paying bills?
If you answered yes to either of these questions, you might be a good candidate for a debt settlement program. If you are experiencing legitimate financial hardship, you could benefit greatly from a debt settlement.
What Is a Debt Settlement?
(also known as debt negotiation, negotiated debt settlement, debt consolidation)
A Debt Settlement occurs when the creditor agrees to reduce the amount you owe for a specific payment plan or a lump sum, to settle the account in full. This is one of the best tools available to consumers. Commonly, the debts you have will be shrunk by more than %50. Interest payments can stop and even past late fees can be dropped. Every case is unique but they usually always end in a very favorable deal for the consumer, YOU.
Why Will My Creditors Agree?
If you think about it, taking something is better than nothing! When a creditor believes your financial hardship may cause you to not pay your bills at all (or file bankruptcy), %20-30 of the outstanding balance suddenly seems like a pretty good option.
Should I Try To Pay My Bills?
If you qualify for a debt settlement, you probably can not meet your current financial obligations. Anticipating a payoff in the future (the negotiation will take some months to complete), it can be good to save up for that. Also, continuing to pay down debt when you’re negotiating shrinks the total amount you owe. Each case is unique and needs case by case analysis.
Bankruptcy is what we call the “ten year option.” That’s because after you file a bankruptcy, you will suffer the indignities of that bankruptcy on your credit for 10 years. This can lead to all sorts of problems: being denied a job, or denied a license or insurance. Even renting a home can be hazardous with a bankruptcy. Not to mention being able to get very little credit!
Do I Qualify For Debt Consolidation?
It doesn’t take long to find out! As long as you have more than $7,500 in debt, you are qualified. Click on the button below to hear how you can get out of debt for a fraction of what you owe.
Call This Number Immediately: 877-751-5425