If Capital Management Services is showing up on your credit report, it could be pulling your score down. Here’s how to handle it—and how to get it removed if possible.
Who Is Capital Management Services, LP?
Capital Management Services, LP (often shortened to CMS) is a third-party debt collection agency headquartered in Buffalo, New York. They collect on behalf of other companies, often after an account has gone unpaid for some time.
If CMS appears on your credit report, it likely means your original creditor sold or transferred your debt to them.
Who Does Capital Management Services Collect For?
CMS primarily focuses on collecting defaulted credit card debt and student loans. They work with some of the biggest names in banking, including:
- Capital One
- Citibank
- Discover Bank
So if you’ve fallen behind on a credit card or student loan, there’s a good chance CMS is trying to collect on it.
Is Capital Management Services Legit?
Yes, CMS is a legitimate debt collection agency. That said, many consumers find their communication style aggressive or excessive. You may receive repeated phone calls, emails, or letters. Always verify the debt before making any payments.
How to Remove Capital Management Services From Your Credit Report
A collection account can stick around for up to seven years, so it’s smart to take action quickly. Here are your main options:
- Dispute errors – If anything about the debt is inaccurate, file a dispute with the credit bureaus.
- Request debt validation – You have the right to ask CMS to prove the debt is yours. They must respond within 30 days.
- Negotiate a pay-for-delete – In some cases, you can offer to pay in exchange for the account being removed from your report.
- Get professional help – A reputable credit repair company can challenge accounts on your behalf and improve your odds of removal.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Pay Capital Management Services?
Not always. If the debt isn’t valid or has passed the statute of limitations, you may not have to pay it. Paying a collection can also reset the clock, making it stay on your report longer.
Before doing anything, verify the debt is legit, still within the legal time frame for collection, and reported accurately.
Will Capital Management Services Sue You?
It’s possible, but unlikely in most cases. Lawsuits are expensive and time-consuming, so collection agencies typically try phone calls and letters first.
However, if they do take legal action and win a judgment, they may be able to garnish your wages or levy your bank account—depending on your state laws.
Complaints Against Capital Management Services
Like many debt collectors, CMS has racked up complaints with the Consumer Financial Protection Bureau (CFPB) and Better Business Bureau (BBB). Most of the issues involve:
- Reporting inaccurate information
- Failing to validate debts
- Harassment or repeated calls
If you’ve had a negative experience with CMS, you can file a complaint with the CFPB or your state attorney general’s office.
Your Rights When Dealing With Capital Management Services
Debt collectors must follow federal laws under the Fair Debt Collection Practices Act (FDCPA). That means:
- They can’t lie, threaten, or harass you.
- They must identify themselves as a debt collector.
- They’re required to provide written notice of the debt.
- You have the right to dispute the debt and request validation.
- They can’t threaten arrest or jail time for unpaid debts.
Capital Management Services Contact Information
Mailing Address:
Capital Management Services
698 1/2 S Ogden St.
Buffalo, NY 14206
Phone Numbers:
(716) 871-9050
(800) 457-8220
How to Get Help Removing CMS From Your Credit Report
If you’re overwhelmed or not sure how to proceed, consider working with a credit repair professional. Companies like Credit Saint have helped clients remove millions of negative items, including accounts from Capital Management Services.
They’ve been in business for over 15 years and even offer a 90-day money-back guarantee if they don’t deliver results—terms apply.
Visit their website or call (855) 281-1510 to get started.
Brooke Banks is a personal finance writer specializing in credit, debt, and smart money management. She helps readers understand their rights, build better credit, and make confident financial decisions with clear, practical advice.
