Remove Cavalry Portfolio Services From Your Credit Report
Posted by: Matt Douglas in Education, tags: business and finance, consumer, credit, credit tips, debt, debt advice, debt consolidation, debt tips, Education, Finance, how to, law, legal, money, personal financeTo remove a bad credit mark that was created by Cavalry Portfolio collection agency you must dispute the mark. This is done directly with the credit bureaus.
You are telling the bureaus that you do not agree with the accuracy or validity of a mark when you file a dispute. Upon receipt of a valid dispute letter the bureaus will investigate the mark.
The lender or collection agency will be contacted to verify the debt. Also the balance of the debt and the dates will be verified.
If the mark is not verified then the bureaus must remove it from your credit report. Frequently an investigation will result in a negative mark being removed.
You can create a dispute letter yourself or you can hire a credit repair service. If Cavalry is the only negative mark on your report then you should dispute this mark yourself.
However if you have other bad credit marks it would be wise to hire a professional credit repair service. In addition a service can use advanced dispute techniques in case your mark is verified by Cavalry Portfolio.
Who is Cavalry Portfolio?
They are a collection agency. They will purchase debt and collect for themselves or they will collect on behalf of a financial institution.
However they do offer contact information for individuals that want to comment about Cavalry and their collection methods. Most agencies will try to avoid customers and their feedback on their business.
Instead Cavalry Portfolio gives the contact information of Todd Tipton his email is ttipton@cavps.com and phone is 918.665.5686 to individuals wanting to comment about their company. They try to work with consumers and work out a payment plan.
Sometimes accounts can go to collections that are not valid debts. It is not uncommon for a lender mistake to cause your account to erroneously go to collections and for you to receive communication from Cavalry.
You will not be able to explain to them that the lender made a mistake. Instead you will have to dispute the negative mark with the credit bureaus.
In sum if you have a mark from them on your credit report you should dispute it. You can do this yourself or hire a credit repair service.
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