LVNV Funding LLC-What to do if you find it on credit report
LVNV Funding LLC is a collection agency which works for creditors to collect on charged off debt accounts. However, consumers are of the opinion that they don't often collect on their own. Instead they forward their accounts to various other collection agencies and attorneys for collection.
What to do when LVNV Funding listing shows up on credit report
Here's what you need to do when LVNV account shows up on your credit report or when the collection agency (CA) insists that you pay their dues.
- Check if the account has crossed SOL: Find out if the account is well past the Statute of Limitations. If yes, then send an SOL Expiration letter to the CA requesting them to stop contacting you.
- Request a validation of the account: If you find that the SOL isn't crossed, and you're not sure whether you owe money to LVNV Funding LLC, send a request to validate your debt. Once you have enough proof that you owe the balance on the account, make a payment agreement with the CA or settle the dues. Prior to settling the bill, let the CA sign on a settlement agreement.
- Dispute the item when required: You need to dispute the account under the following cases:
- You do not have an account with LVNV: In case you haven't had the account on which LVNV Funding LLC wants you to pay, you should co-ordinate with the credit bureaus and have the listing deleted from your report.
- You've already paid the bill: In this case, dispute the item with the collection agency. The CA may get it verified with your original creditor. You may even co-ordinate with the credit bureau so that the account status shows up as "Paid" on your credit report. However, you'll have to provide enough proof that you have cleared the bill.
- Account shows up on credit report even after 7 years and 180 days: Usually accounts with negative remarks shouldn't reflect on your credit report after 7 years and 180 days from the date of the first delinquency. If your account shows up even after this time period, you should co-ordinate with the credit bureaus and have the listing removed. You may also sue the collection agency in small claims court for up to $1000 for violating the Fair Credit Reporting Act.
How LVNV Funding treats consumers and reports credit information
Check out the LVNV Funding complaints made by community members and guests in the DebtCC forum.
- Filing lawsuit for wrong debt: One consumer reports that LVNV Funding LLC has filed a lawsuit against his old mother for a bill which she doesn't owe at all. The lady has no idea as to which company has transferred credit information on her name to LVNV.
- No response to validation letters: Debtors complain that they receive repeated phone calls from the attorney offices associated with the CA but when they send in validation letters, the CA or the attorneys do not respond. One consumer sent a validation letter to one of the attorneys and after 2 months, he received a letter of response from a different attorney. However, the debt amount mentioned in the letter of response was similar to the amount demanded by the attorney to whom the validation letter was sent.
- Account re-entry on credit report even after 7 years: LVNV Funding LLC may purchase a default account from a creditor and then report it on your credit report as a new charge with a new date. This may happen even though the negative listing has stayed on the credit report for 7 years and is likely to be erased from the report.
- Reporting debts which are not owed: Many believe LVNV Funding LLC harasses people for money and reports outstanding balances to the credit bureaus even though consumers may not owe the money.
One consumer is said to have received papers related to court hearings even though the CA promised to look into the matter when the former sent them a validation letter. However, the papers were not stamped or signed by the court clerk. A few days later, the consumer came to know that his wages will be garnished. But he couldn't just verify whether he actually owed any money.
Another consumer complains of having received a notice from the CA stating that he owed money on an account having her married name since 1991. But the fact is, she didn't have a married name until 1992! - Issue with disputed account: A consumer received a call from LVNV Funding LLC for the money he owed on an MCI account. The CA couldn't give him the account number, phone number and other details of the account. The consumer had earlier received a bill from MCI for taking advantage of their services. But he had refused to pay it and had even disputed the amount.
However, LVNV made sure that the account showed up on his credit report even though it had been more than 7 years. The consumer requested the CA to co-ordinate with the credit bureau so that his credit report shows "Account disputed". But LVNV didn't agree and insisted that they would clear his credit up if he would settle the bill.
How to contact LVNV Funding LLC
If you need to contact LVNV Funding collection agency for payment issues or to dispute the account held by them, you may use the following details:
LVNV FUNDING LLC
P.O.Box 3038
Evansville, IN 47730
Telephone: (886) 861-8182, (866) 464-1183
Fax: (812) 428-3523
Related Forum Discussions
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#1
01-05-2006, 10:53 AM
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LVNV Funding LLC-What to do if you find it on credit report
I noticed on my credit report that there is a company called LVNV Funding LLC for $3195. The address and phone number are PO Box 10584, Greenville SC 29603-0584 and the LVNV Funding LLC phone number listed is 866-464-1183.
When I enter the lvnv funding phone number, (866) 464-1183 on the BBB website, it comes up with a Houston, TX address. Has anyone dealt with this company? Have you heard of lvnv funding complaints? Thanks 
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#4
01-05-2006, 02:17 PM
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Confirm LVNV funding LLC address from bureau
Call the bureau and confirm address of LVNV funding if you are in a fix. Do you owe anything to this company? If so, write a letter about settling this account. The stay of this account in your CR is hurting your credit rating.
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#5
01-06-2006, 07:43 AM
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lvnv funding scam?
I know lvnv funding account is hurting my credit report. That is why I am asking anyone if they know about this company, because I have not heard of them. I just wanted some insite about the company. They only show up on one credit report.
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#6
01-06-2006, 12:29 PM
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Dispute lvnv account with credit bureau
If there is no legitimate reason for LVNV Funding LLC to stay in your credit report, then you should place a dispute with them and get the account removed from your file. Here is a letter that you can use to clarify the matter:
Quote:
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#8
01-24-2006, 04:24 PM
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Junior Member
Join Date: Jan 2006
Posts: 27
Credits: 948
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LVNV llc repoted in my husband's credit report
My Husband had LVNV funding collections item on his report as well and we called them awhile ago.. Come to find out it was a credit card he had through Sears back in 1998
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#9
01-24-2006, 04:34 PM
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kchriste, be sure to check the statutes before you make any payment towards the account or sign a promissory note. Check the date of last activity and see if it is within the statutes.
Under no circumstances, you will be forced to pay the debt to LVNV funding if it is past the statutes. However, if the stay of this account is too far from the 7 years mark as per the FCRA, paying it off will be improving your scores.
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#10
01-24-2006, 05:32 PM
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Junior Member
Join Date: Jan 2006
Posts: 27
Credits: 948
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lvnv funding collections wrong info
Really? oh you know what I just looked at it and I gave wrong info, it was only from 2003. LVNV funding LLC recently sent us a letter stating we can pay $20 a month after we called an inquired about it and they said we are to pay it in full and there are no settlments.
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#11
01-24-2006, 05:36 PM
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what to do if lvnv funding llc debt is real
If it's a legitimate debt, don't roll it further. Consider paying it off at one single time. It will only improve your credit worthiness. You are already trying hard to improve your ratings. Any constructive steps taken will be helpful to your credit worthiness.
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#12
01-24-2006, 05:41 PM
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Junior Member
Join Date: Jan 2006
Posts: 27
Credits: 948
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Unfortunately we cannot pay it off at one time. I know that would be better for us to do but we just don't have that money laying around or else I would. That's why I try and do as much as we can to take care of these things.
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#14
01-27-2006, 07:41 AM
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lvnv funding mailing address
The address I have for them is listed at the top of this thread. However, here are more details on LVNV FUNDING LLC contact info:
LVNV Funding LLC P.O.Box 3038 Evansville, IN 47730 Telephone: (886) 861-8182, (866) 464-1183 Fax: (812) 428-3523 LVNV Funding LLC / Resergent Yahoo Map 9700 Bissonnet, Suite 200 Houston, TX 77036 Resurgent Capital Services LP LVNV FUNDING ) 15 South Main Street Suite 600 Greenville, SC 29601
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#15
01-28-2006, 04:22 PM
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Guest
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lvnv funding collection agency
Jan 28th 06
I JUST got a letter from these people from Henderson NV They do not say what accounts it is in regards to..but it is $5,167.34 Judgement. I was injured in 02 and could not and still can not pay a couple of bills from prior years..not by choice. I am on welfare and disability..have no assets..or money to pay..let alone hardly for food! Living below the poverty level a real nightmare in my life. I am not well..and can not work etc. Advise Please
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#16
01-28-2006, 04:29 PM
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LVNV Funding summon
Elaina, you must visit the office of the local County Clerk and see if there is any legal judgment in your name. Check whether the plaintiff is LVNV Funding LLC Collections.
Normally, in case of a legal judgment, court papers are served 20 days in advance to attend the hearing. Were you served any such court papers? Also, please check the latest copy of your credit report and see if it's shown on there. Without the legal papers, the judgment won't be considered legal. The company might have framed a letter putting some legal affect in it. I am very sorry to hear about your situation. You can take some restitution program and see if you can qualify for it.
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