Credit Management LP

Who is Credit Management LP?

Credit Management LP, also known as The CMI Group, is a debt collection agency based in Plano, Texas, with additional locations in Coppell and Dallas. Their role is to pursue unpaid debts on behalf of their clients, acting as a link between creditors and debtors.

If Credit Management LP appears on your credit report as a collections account—possibly under ‘credit mgmt’—it typically indicates that you have an unresolved debt. This situation can arise from numerous circumstances, such as an unpaid bill or a debt that has been overlooked or disputed.

Who does Credit Management LP collect for?

Credit Management LP specializes in collecting debts on behalf of major telecommunications companies such as Comcast and Time Warner.

Is Credit Management LP legit or a scam?

Credit Management LP 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 Credit Management LP from my credit report?

Credit Management 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.

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

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, 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.

Credit Management LP Contact Information

Address:

Credit Management LP
6080 Tennyson Pkwy Suite 100
Plano, TX 75024

Mailing address:

Credit Management LP
PO Box 118288
Carrollton, TX 75011

Phone number: (800) 377-7713, (800) 377-7723, or (800) 377-7789

Should I contact or pay Credit Management LP?

Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

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

Will Credit Management LP sue me or garnish my wages?

Credit Management LP, like other debt collection agencies, does have the legal right to sue you for an unpaid debt. If they win a lawsuit against you, they may receive a judgment. This could allow them to garnish your wages or levy your bank account. However, the specific actions allowed will depend on your state’s laws.

However, remember that lawsuits are generally considered a last resort for debt collection. They are costly and time-consuming, and most debt collection agencies would rather work out a payment plan or a settlement agreement with you directly instead of going to court.

Credit Management LP Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, 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 disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Credit Management LP

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

• It is a violation of federal law for Credit Management LP 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. They have 30 days to prove the debt is yours and the amount is accurate.
• Credit Management LP cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• Credit Management LP must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
• Credit Management LP cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Credit Management LP From Your Credit Report Today!

Credit Saint can help you dispute Credit Management LP accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many 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 call (855) 281-1510 for a free credit consultation to see what they can do for you.