If Credit Management LP shows up on your credit report, it likely means a debt has gone to collections—and that can hurt your credit score. Here’s what you need to know and how to deal with it.
What Is Credit Management LP?
Credit Management LP, also known as The CMI Group, is a third-party debt collection agency based in Plano, Texas, with offices in Coppell and Dallas. They collect past-due debts on behalf of other companies, usually large telecom providers.
If you see “Credit Management LP” or “credit mgmt” on your credit report, it means they’ve been assigned (or bought) a debt you didn’t pay.
Who Does Credit Management LP Collect For?
They primarily collect for cable and internet companies like Comcast and Time Warner. So if you had an unpaid bill with one of those providers, that could be the reason they’re contacting you.
Is Credit Management LP a Legitimate Company?
Yes, they’re a real debt collection agency—not a scam. But that doesn’t mean every debt they report is accurate. Always verify the debt before paying or acknowledging anything.
How to Remove Credit Management LP From Your Credit Report
Collection accounts can stay on your credit report for up to seven years, even if you pay them off. But you do have a few options:
1. Dispute Any Errors
Start by checking whether the information on your credit report is accurate. If anything looks wrong—wrong amount, wrong date, not your debt—you can file a dispute with the credit bureaus (Equifax, Experian, and TransUnion). They’re required to investigate and remove inaccurate entries.
2. Request Debt Validation
Under the Fair Debt Collection Practices Act (FDCPA), you have the right to request proof of the debt. Send a written debt validation letter to Credit Management LP within 30 days of their first contact. They must respond with evidence that the debt is legitimate and belongs to you.
3. Try a Pay-for-Delete Agreement
If the debt is valid, you might be able to negotiate a pay-for-delete. That’s where you offer to pay the debt in exchange for them removing it from your credit report. Not all collectors agree to this, but it’s worth asking—and get it in writing before you pay.
4. Work With a Credit Repair Company
If you’d rather not deal with all of this on your own, you can hire a reputable credit repair company to dispute the account on your behalf. Many people find this easier, especially if they’re dealing with multiple collections.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Should You Contact or Pay Credit Management LP?
Don’t rush to pay until you’ve confirmed the debt is legit. Paying a collection without a written agreement won’t necessarily improve your credit score—and it could even reset the statute of limitations, depending on your state.
If you do decide to settle or negotiate, try to do it in writing and keep detailed records.
Can Credit Management LP Sue You?
Yes, like any debt collector, they can file a lawsuit to collect on a debt. If they win, they may be able to garnish your wages or freeze your bank account—depending on your state laws. But lawsuits are usually a last resort. Most collectors prefer to work out a payment or settlement plan.
Complaints Against Credit Management LP
They’ve received many complaints with the Consumer Financial Protection Bureau (CFPB) and Better Business Bureau (BBB). Most are about:
- Incorrect debts showing up on credit reports
- Failure to validate debts when asked
- Harassing or excessive phone calls
If you feel your rights are being violated, you can file a complaint with the CFPB or your state’s attorney general.
Know Your Rights Under Federal Law
You’re protected by the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). Here’s what that means:
- You can dispute inaccurate credit report information.
- You can request written proof of the debt.
- Collectors can’t call you repeatedly or use abusive language.
- They must clearly state they’re a debt collector when contacting you.
- They cannot threaten arrest or legal action they don’t intend to take.
Credit Management LP Contact Information
- Main Address:
6080 Tennyson Pkwy, Suite 100
Plano, TX 75024 - Mailing Address:
PO Box 118288
Carrollton, TX 75011 - Phone Numbers:
(800) 377-7713
(800) 377-7723
(800) 377-7789
Want Help Removing Credit Management LP?
If the process feels like too much to handle on your own, working with a credit repair company could make things easier.
Credit Saint has helped thousands of clients remove negative marks from their credit reports—including collection accounts from Credit Management LP—and they offer a 90-day money-back guarantee if you’re not satisfied.
Call (855) 281-1510 or visit their website 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.
