Debt Consolidation Loans For Bad Credit In UK Debt Consolidation Loans For Bad Credit In UK

Find out more on Debt Consolidation Loans For Bad Credit In UK Now!

Saturday, November 29, 2008

Cavalry Portfolio Services- Remove Bad Credit

By Justin Hutto

You must dispute a negative item from Cavalry Portfolio to remove it from your credit history. 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.

They will contact the agency or lender and ask them to verify the account. In addition they will verify the dates on the account and the balance of the debt.

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 negative items on your credit report we suggest hiring a credit repair service. A service will be able to use advanced dispute techniques in case the listing is verified.

Who is Cavalry Portfolio Services?

Cavalry Portfolio is a collection agency. They will purchase debt from financial institutions or they will work on a commission basis with an institution.

Cavalry Portfolio actually offers individuals a contact name and email to comment about their collection practices. Many agencies try to avoid hearing the negative feedback about their collection practices.

Cavalry provides Todd Tipton his email is ttipton@cavps.com and can be reached at 918.665.5686 by phone. They say they try to work with customers to find a plan that both parties can agree on.

There are times when an account will go to collections due to a lender mistake. This is not uncommon and you will start getting communications from a collection agency.

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 you can remove negative credit from Cavalry Portfolio. You do not have to wait seven years for the mark to expire.

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home