Autovest LLC

Updated

Is Autovest LLC hurting your credit score?

Schedule a free credit consultation to find out how you can eliminate inaccurate and questionable negative information from your credit report.

Who is Autovest LLC?

Autovest LLC, also known as Autovest Financial Services, LLC, is a debt collection agency based in Southfield, Michigan. They are known for their specialization in recovering auto loan debt.

If Autovest is mentioned on your credit report as a collection account, this likely means you have an unpaid auto loan debt that has been transferred to them for collection.

Who does Autovest LLC collect for?

Autovest LLC is primarily dedicated to serving auto financing companies by managing their auto loan debt collections. This specialized focus differentiates them from more generalized debt collection agencies.

Is Autovest LLC legit or a scam?

Autovest LLC is a legitimate company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove Autovest LLC from my credit report?

Collections can hurt your credit score and remain on your credit report for up to seven years, regardless of whether you pay it or not. Unfortunately, paying the collection could even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(While debt collectors may not want this information to be widely known, it’s your right to be informed.)

Ready to Raise Your Credit Score?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

Professional credit repair services work with people who want to get their credit back on track.

In addition to collections, they can help you to challenge other inaccurate, unfair, or unsubstantiated information on your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

Autovest LLC Contact Information

Address:

Autovest LLC
26261 Evergreen Rd, Suite 390
Southfield, MI 48076

Phone number: (800) 221-8160

Should I contact or pay Autovest LLC?

Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Sometimes, credit reports contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock. As a result, it could harm your credit rather than improve it.

The most effective way to deal with Autovest LLC is to work with a credit repair professional. They help remove millions of negative items every year from companies like Autovest on behalf of their clients.

Will Autovest LLC sue me or garnish my wages?

As a debt collection agency, Autovest LLC does have the legal ability to sue you for an unpaid debt. If they win the lawsuit, they could potentially obtain a court judgment against you. Depending on the laws in your state, this judgment could lead to wage garnishment, a lien against your property, or a levy on your bank account.

However, remember that initiating legal action is generally seen as a last resort for debt collection agencies. It’s a costly and time-consuming process. Before resorting to a lawsuit, they will typically attempt to resolve the debt through direct communication with you, offering settlement options or a repayment plan.

Autovest LLC Complaints

Most collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If a debt collector is harassing you, you may want to consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include the ability to dispute credit reporting errors and to be treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Autovest LLC

Debt collectors must abide by state and federal laws in the United States. For example, the FDCPA prohibits a debt collector from using abusive, unfair, or deceptive practices. In addition, it provides you with many rights to ensure that collection agencies don’t take advantage of you. In particular:

  • It is a violation of federal law for Autovest LLC to report inaccurate or incomplete information about you.
  • You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. By law, they have 30 days to prove to you that the debt is really yours and the total amount is accurate.
  • Autovest LLC may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • Autovest LLC must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collection agency both orally and in writing.
  • Autovest LLC cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Autovest LLC From Your Credit Report Today!

Credit Saint can assist you in disputing Autovest LLC accounts. With years of experience at their disposal, these professionals have a proven track record of effectively removing incorrect entries for countless clients.

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or give them a call at (855) 281-1510 for a free credit consultation to see what they can do for you.

Ready to Repair Your Credit?

Learn how to get help disputing errors on your credit report that could be hurting your credit score.

Crediful
Meet the author

Crediful is your go-to destination for all things related to personal finance. We're dedicated to helping you achieve financial freedom and make informed financial decisions. Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more.