I have a debt from sears that is in collection with LVNV

krismom0503, you need to first know if LVNV is actually authorized to collect the debt from you. Do not make a payment agreement until you have reviewed the account details properly. Sears must have given authorization to LVNV to collect the debt from you. They need to submit a copy of it when you request for a debt validation. Besides, once you have asked them to validate the debt, they need to submit the following details mentioned here:

http://www.debtconsolidationcare.com/validation.html

Once the collection agency has given you the required details, verify it thoroughly. If there is anything that is shown incorrectly, dispute with them so that they can verify it with your lenders.

Have a record of all the documents sent and received from the collection agency. Send your letters certified with return receipt requested to ensure its delivery. Make a payment agreement only after you have found this account correctly placed to you. If you find tough dealing with the collection agency, you can contact your creditor and make a payment arrangement with them. They will be much easier to deal with in comparison.

LVNV Funding has provided me with those things, but i am wondering what i have to say, how to talk to them about getting this settled for a much lower amount i am a single mother of a toddler and i only make $8 an hour i can't feed my son and pay this off for what i owe

If you have registered for counseling in this website, discuss the situation with your consultant. He will do the needful negotiations with the CA keeping your income in view.

Since this debt is valid, try your best to pay it off as early as possible and get rid of the collectors. Dealing with them is not a happy experience and make ways so that you don't have to deal with them in the future.

i actually talked them down to $753

Though this amount might be higher that what you proposed earlier, but if you can pay it off, all the collections will come to an end and your credit will make an improved turn.

So, you might be interested in repairing your credit. All these accounts count and ultimately, the paid ones lead to the increase in your credit scores. Best of luck!

Yesterday I checked my credit report and found that LVNV Funding had posted a $79.00 collection to my credit report which caused a 30 point drop in my credit score and I have no clue as to what it is about. I have a pretty good credit rating and I am in the process of buying a house and I need this thig removed immediatly and I want to sue these illiterates for not following proper procedures on first notifying me. Where do I file if I am in one state and there office is in another?

A 30 point drop?? That is scary...I didn't realize that a score would drop so much from one account...but I guess it makes sense.

~Mary

Butch, put your complaint against LVNV funding at your local attorney general's office as well as in their state of business. You must also place your complaints at the FTC and the BBB.

Write a letter to LVNV Funding and know the reason of their inquiry in your file. If they have any of your legitimate debt account, they must give you the details about it. After reviewing it, you will consider making payment arrangements with them. But if they fail to give any information, they are violating the federal laws by hurting your credit ratings. In such a case, you can sue them up to the extent of damages for hurting your credit.

:roll: Any thing I can do?I was sending monies to LVNV to pay off abill from Sears, Sent money it came back moved left no forward address.now what do I do