Try this number I just got it online 888-665-0374.

[LL809]

For those of you having problems with LVNV…there is hope! And yes the only giving 30 days to responding gets action. Whether or not it is legal I do not know but these companies sure but a demand on the victims to respond within 30 days. As my previous post stated if I found myself having to go to court I wanted to show I ws giving LVNV the same time to respond that they gave me. READ ON to see the what the out come has been and it has been a been less than 90 days!!!!

In January I noticed a derogatory account all 3 CB’s. I found a lot of great help in these posts. I found sample letters and requested a verification of debit letter. I tweaked the sample letter to state:

“If the below items are not received within 30 days of receipt of this request, you and/or your company are in agreement that this is not a valid debt and at said time you are required by law to remove your claim from all 3 credit reporting agencies.”

I sent this certified, return receipt as everyone suggested. I also notified the CB’s of my intent to dispute the claim via internet. This company had bought a charged off voluntary repo account where the statue of limitations had expired. The original loan was due to be removed in less than a year. The original loan had already sold the vehicle and charged off the difference owed on the vehicle. I never received anything from the original lender requesting a difference in amount due. So in my view the original lender made their money from my initial payments plus interest & then sold it. When they charge off the account it goes on their records as a loss and at tax time it becomes a credit in their favor. They then turned around and sold it 6 years later to LVNV for profit.

Within 30 days I received a LVNV generic statement with my name, and amount due (thousands more than the original loan) with the original lenders name. The items I requested were not included. They did include a payment coupon.

I then sent a follow up with a cease & desist. I noted in the letter they had 30 days to respond with the following statement:

“Without the above proof you have stated that you are in agreement that this is not a valid debt and at said time you are required by law to remove your claim from all 3 credit reporting agencies.”

I carbon copied this letter with the original letter and a copy of their response to all 3 CB’s stating:

“As per the enclosed letters state; “Since you have failed to provide that information you are agreeing that there is no contractual obligation which is binding on me to pay this debt”. They have agreed that this is not a valid claim and by Federal Law their claim must be removed from the credit reporting agencies files.”

Within another 30 days LVNV sent me a statement telling me they were researching the claim and would get back with me. It has now been about 90 days and I was gearing up for another round of letters demanding removal or I would seek legal counsel. I was ready to go to small claims court. This past week I received a copy of a credit report where the LVNV funding had been removed and to my surprise the negative original loan had been updated as well to show a positive paid as agreed.

I order my credit reports from the other 2 CB’s and they have also removed and updated the original loan. I will most likely not ever hear from them again. Good luck and don't be afraid to put a time limit on them. It took time and patience. If you have the confidence that you are in the right and their claim is only to make a buck on your mistakes or bad misfortunes then stand your ground. You have to do some homework and tweak the samples to apply to your situation. It cost about $5 each to send certifieds but well worth the effort & price to have this situation taken care of. Make them think you know what you are doing even if you really don't.

/p/op

[WHEREAMI?]

Congratulations LL809, I'm sorry you had to go through that. But it is good to hear that you received the advice and help you needed and everything worked out for you.

[cajunbulldog]

LL,that is a good letter,
You simply turned a dv letter into a credit reporting act dispute with data furnisher.By doing that you locked them into either validating and updating report or removing everthing.What you did is use the fcra for what it is there for.Congrats!

I jusr received a letter from LVNV in PA but Executive Offices in Chicago, say ing I owe over $5,000 but if I send a one time settlement in full I only owe then $2700 and change...hhhmmm things that make ya go mmhhmm. I am gonna some further checking them maybe contact a news channel where I live. what yall think, sounds so hokesy to me.

I just recieved a letter that a negative credit bureau report reflecting on my credit record may be submitted by LVNV Funding LLC.
I also have never heard of them before. I have had no prior notices from any creditors and am always careful to make sure my bills are paid on time.
I'm really confused by this. has anyone found out any more about them? I'm doubting their ligitimacy.

[Morningstar]

Juliet, read the posts above yours. There is a nice letter up there, and may fit your situation nicely.

I have had LVNV on my credit report for awhile now and looking at my report I see that it came from Best Buy. I see that on my report both Best Buy and LVNV are on there for the same account. Can they both be on there for the same account?

I also notice that LVNV is saying on my report that my last reported delinquency was on 2/2007. I have not paid them since 2004. Is there a reason why they are putting down my last delinquency as 2/2007? Can they even do that? I sent them a letter and am hoping that they respond. If they don't respond, what action should I take?

[samiamcruz]

Trying to find the phone # for this loan group. Does not show on bank statement. I need to contact them ASAP to pay off loan so they can stop deducting money from my account. Loan companies like this just keep deducting and in the end a person winds up paying more than what the loan actually was. What a rip off.

We recently had a credit report pulled while trying to finance a motorcycle for my fiance, we notice that there was a delinquent account reported by this company in the amount of $2475, it says the date openned was September 2006, but the balance date was just last month, February 2007, first of all we never openned a credit card or financed anything in September, it says it was originally through citi financial, whom we have never dealt with. This is really hurting his credit. So when we send out a letter for debt validation, how long should we wait if we don't hear anything to send another letter, after that if it still isn't validated how soon can I contact the credit agency reporting this to file a dispute with them?

I just received a summons to appear in court. From this same company. I do beleive it is from sears. I did'nt have any way to contact them until now. Thanks maybe I can get something done now.

I have noticed alot from everyones posts that LVNV has a lot of balances for the $2400 mark and that seems a bit wierd to me. There are several paople here that have around that amount due.

LVNV reported debt as a public record. I just learned this today. I never received any prior notification via mail or telephone. Any suggestions on my next steps.

I repair credit for a living and I read these message boards all the time. Be careful, LVNV also works closely with a company called M R S Associates. They're very sneaky and LVNV likes to hide behind them.

this company just sent me the same thing and then saying that it was a visa card but the problem is that I never owned a visa card. This company needs to get their act together!!!!!!!