How to Remove Cavalry Portfolio Services From Your Credit Report

Is Cavalry Portfolio Services hurting your credit score?

Lexington Law Firm has successfully assisted millions of clients in removing inaccurate and questionable negative information from their credit reports.

Who is Cavalry Portfolio Services?

Cavalry Portfolio Services, LLC is a debt collection agency and debt buyer located in Valhalla, New York. They also have locations in Phoenix, Arizona; Tulsa, Oklahoma; and St. Paul, Minnesota.

Cavalry Portfolio Services may show up on your credit report as “Cavalry SPV I LLC“. They are one of the largest buyers of distressed debt in the United States.

Who does Cavalry Portfolio Services collect for?

Cavalry Portfolio Services buys debt collection portfolios for pennies on the dollar. They purchase debt from credit card companies like Bank of America, Chase, and Citibank.

They also collect for payday loan companies, car title loan companies, auto finance companies, utility companies, and telecommunication companies.

Is Cavalry Portfolio Services legit or a scam?

Cavalry Portfolio Services is a legitimate debt collection company. However, they may repeatedly spam call, text, or email you.

How can I remove Cavalry Portfolio Services from my credit report?

Cavalry Portfolio Services 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.)

Lexington Law Firm is a credit repair company that helps people fix their credit.

In addition to collections, Lexington Law can work with 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.

Call Lexington Law now to learn more: (800) 220-0084

Cavalry Portfolio Services, LLC Contact Information

Address:

Cavalry Portfolio Services, LLC
500 Summit Lake Drive, Suite 400
Valhalla, NY 10595

Phone number: (866) 483-5139

Should I contact or pay Cavalry Portfolio Services?

It’s best to avoid speaking to a collection agency on the phone. And making payments on the debt will reset the clock. As a result, it could harm your credit rather than improve it. However, sometimes it’s better just to pay the collection account, especially if it’s new, and you’re certain that it’s legit.

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

And they may be able to help you too.

Will Cavalry Portfolio Services sue me or garnish my wages?

It’s possible, but if you work with a law firm like Lexington Law, you have nothing to worry about. They aid you in disputing the collection account with credit bureaus, with the possibility of having it removed from your credit history. It’s also possible that you never hear from or have to deal with Cavalry Portfolio Services again.

Call Lexington Law to learn how they can help you.

Wage Garnishment

Some states allow wage garnishment, while others do not. If you are in a state that does not allow wage garnishment, it is illegal for them to threaten to garnish your wages or levy your bank account.

It is also illegal for Cavalry Portfolio to make any claims they cannot or will not follow through on. This includes threatening to sue you or foreclose on your home.

Is Cavalry Portfolio Services hurting my credit score?

Any derogatory item on your credit report, including a collections account, may harm your credit score.

Debt collection companies often buy and sell debt from one another, which can lead to multiple collections on your credit reports for the same account.

When this happens, if you don’t dispute the accounts with the credit reporting agencies and get them all removed, they will harm your credit score.

Cavalry Portfolio Services, 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 you find yourself facing any of these situations with Cavalry Portfolio Services, you should also consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). Lexington Law Firm knows that you have rights, and Cavalry Portfolio Services does too.

Your Rights When Dealing with Cavalry Portfolio Services

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

  • It is a violation of federal law for Cavalry Portfolio Services to report inaccurate or incomplete information on your credit report.
  • You have a legal right to request debt validation on an alleged debt. Send Cavalry Portfolio Services a debt validation letter. By law, they have 30 days to prove to you that the outstanding debt is really yours and the total amount is accurate.
  • Cavalry Portfolio Services may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • Cavalry Portfolio Services 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.
  • Cavalry Portfolio Services cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Cavalry Portfolio Services From Your Credit Report Today!

Lexington Law Firm can assist you in disputing Cavalry Portfolio Services collection accounts. They have over 18 years of experience and their clients saw over 6 million removals on their clients in 2021 alone.

If you’re looking for a reputable credit repair company to assist you with inaccurate collection accounts and repair your credit, consider working with Lexington Law.

They have helped many people in your situation. Give them a call at (800) 220-0084 for a free credit consultation to see what they can do for you.