How You Can Remove Midland Credit Management
Midland Credit Management is a collection agency and they collect on telecom accounts, credit cards, and other unsecured debts. They are a subsidiary of Encore Capital Group.
Encore Capital Group is a huge company that is traded on NASDAQ. Midland Credit Management has locations in Phoenix, Minnesota, and San Diego.
They purchase debt from creditors and other collection agencies. They claim to work with the customer to set up re-payment plans or lump sum settlements.
However there are reports of them frequently trying to use arbitration. In other words they will try to get a judgment placed against you for the debt.
Try to avoid a judgment at all cost as this will be very bad for your credit score. If you do have a mark on your credit from Midland Credit then I would recommend you dispute the listing.
You can dispute this yourself or hire a professional credit repair service. A well written dispute letter must be made and mailed to the bureaus.
In your dispute letter you tell the credit bureaus the reason the listing is inaccurate and provide details about the listing. You must send this letter to each credit bureau that shows the negative mark on your credit report.
If you have multiple negative marks on your credit report then you should consider a professional credit repair service. However if you only have one or two marks you will be better suited to dispute these marks yourself.
A credit repair company will track and monitor you disputes and stay on top of the credit bureaus and their stall tactics. This company will also draft a "valid" dispute letter to start the investigation.
It is everyday practice for the bureaus to respond to a dispute letter with one that asks for more information about the dispute. This is no more than a stall tactic used by the credit bureaus. They want to frustrate the individual and hope the individual will give up on the dispute.
The bureaus end up spending their own money investigating "valid" disputes. This is money that would be profit and instead is being spent.
The credit repair companies frequently get the bureaus to hold an investigation faster than an individual can. This is probably due to the companies having credit attorneys that are well versed in credit laws, and the bureaus being fearful of being sued. The bureaus must be compliant with the Fair Credit Reporting Act.
This act makes bureaus legally responsible to investigate a disputed mark and delete that mark if it is inaccurate or unverifiable.
In sum, the law is on your side and you have every right to dispute the accuracy of any mark on your credit report. You do not have to keep paying the high cost of bad credit.
Encore Capital Group is a huge company that is traded on NASDAQ. Midland Credit Management has locations in Phoenix, Minnesota, and San Diego.
They purchase debt from creditors and other collection agencies. They claim to work with the customer to set up re-payment plans or lump sum settlements.
However there are reports of them frequently trying to use arbitration. In other words they will try to get a judgment placed against you for the debt.
Try to avoid a judgment at all cost as this will be very bad for your credit score. If you do have a mark on your credit from Midland Credit then I would recommend you dispute the listing.
You can dispute this yourself or hire a professional credit repair service. A well written dispute letter must be made and mailed to the bureaus.
In your dispute letter you tell the credit bureaus the reason the listing is inaccurate and provide details about the listing. You must send this letter to each credit bureau that shows the negative mark on your credit report.
If you have multiple negative marks on your credit report then you should consider a professional credit repair service. However if you only have one or two marks you will be better suited to dispute these marks yourself.
A credit repair company will track and monitor you disputes and stay on top of the credit bureaus and their stall tactics. This company will also draft a "valid" dispute letter to start the investigation.
It is everyday practice for the bureaus to respond to a dispute letter with one that asks for more information about the dispute. This is no more than a stall tactic used by the credit bureaus. They want to frustrate the individual and hope the individual will give up on the dispute.
The bureaus end up spending their own money investigating "valid" disputes. This is money that would be profit and instead is being spent.
The credit repair companies frequently get the bureaus to hold an investigation faster than an individual can. This is probably due to the companies having credit attorneys that are well versed in credit laws, and the bureaus being fearful of being sued. The bureaus must be compliant with the Fair Credit Reporting Act.
This act makes bureaus legally responsible to investigate a disputed mark and delete that mark if it is inaccurate or unverifiable.
In sum, the law is on your side and you have every right to dispute the accuracy of any mark on your credit report. You do not have to keep paying the high cost of bad credit.
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