How To Get LVNV Funding To Stop Calling You
LVNV Funding is a firm that collects bad debts. A few months ago we started getting letters demanding payment for a bedroom set we bought recently. Because of the bad economy compounded with the loss of my job we were unable to pay them. They called all the time and I tried to explain that we were presently unable to pay any money. They would hear none of it. All they wanted to know was when they would get ALL their money.
I couldn’t understand why they kept calling me. I didn’t get any money from these people. I made the purchase at the store and financed it there. I found out that this is a customary practice. Sometimes these stores sell the loans when people stop paying. Firms like LVNV hone their collection tactics on innocent people that cannot pay.
These people will call at all hours or worse yet when I have relatives over, which is incredibly embarrasing as you would expect. Don’t try NOT answering the telephone or else they’ll keep phoning or even leaving messages. I don’t know whatever they expect me to say, other than I don’t have the cash at this moment. They desire and want they’re money as soon as possible.
What I did next was call an attorney that a friend recomended. He was certain that filing chapter 7 was my only way out. This was not a great option for me because it would effect my credit for a long time. I was hoping to buy a house some time in the future and I didn’t want my situation to prevent that.
A friend told me that by sending a letter of explanation you can get them to stop calling. I looked up on an online forum that confirms this. So I send the letter out and the calls stop for a week or so. They are back to calling me now anyway so this ended up being wasted time. My credit score has shown a decrease of 100 as of now.
So I finally do end up getting a job offer and perhaps I can finally start paying these folks but at the last second following a credit assessment I am turned down.. At this moment I am beside myself, virtually no leads to get a position, collectors harassing me…
Someone told me of a law firm callled Lexington Law. Never heard of the these people before. I checked with our community legal service center and they come fully recomended. I contact the 800 phone number and am on the phone with someone right away. Pretty respectful and considerate on the also. They appear to be hopefull that my credit problem will be fixed.
In less than 3 months LVNV has stopped calling me. My negative credit has been fixed and my overall score has gone up 150 points! I am now hopefull that I will get a job and can start saving for the down payment on a new home.
Are YOU being hassled by collection bureaus? Before you speak with LVNV Funding or anyone on the phone you are entitled to legal represenation. Also be sure to go toFreedom Credit Review for lots of good credit repair information.
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