Glass Mountain Capital

Who is Glass Mountain Capital?

Glass Mountain Capital, LLC (GMC) is a debt collection agency based in Schaumburg, Illinois. If you’ve missed or defaulted on payments, you might find Glass Mountain Capital appearing as a collections account on your credit report. They are involved in the process of tracking down unpaid debts and ensuring they are paid.

Who does Glass Mountain Capital collect for?

Glass Mountain Capital offers its collection services to a wide range of businesses and sectors. These include auto finance companies where they handle unpaid car loans, banks and credit unions dealing with various forms of unpaid credit, and commercial entities with unpaid invoices.

They also work with consulting firms, debt buying agencies, educational institutions with unpaid student loans, and fintech companies. Other sectors they serve include the government sector, the medical field for unpaid healthcare bills, the retail sector for unpaid credit card bills or store loans, short-term lending institutions, and utility companies.

Is Glass Mountain Capital legit or a scam?

Glass Mountain Capital is a legitimate debt collection 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 Glass Mountain Capital from my credit report?

Glass Mountain Capital 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.)

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.

Glass Mountain Capital, LLC Contact Information

Address:

Glass Mountain Capital, LLC
1930 Thoreau Dr. N Ste 100
Schaumburg, IL 60173

Phone number: (847) 241-4243 or (877) 214-0276

Should I contact or pay Glass Mountain Capital?

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 Glass Mountain Capital is to work with a credit repair professional. They help remove millions of negative items every year from companies like Glass Mountain Capital, LLC on behalf of their clients.

Will Glass Mountain Capital sue me or garnish my wages?

Glass Mountain Capital, like any debt collection agency, could potentially sue for an unpaid debt, though it’s not always their first course of action. If they decide to do so and the court rules in their favor, the court may issue a judgement allowing the company to garnish your wages.

Glass Mountain Capital, LLC Complaints

Glass Mountain Capital has numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Yet despite the many complaints, they have an A+ rating with the Better Business Bureau.

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 Glass Mountain Capital, 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 Glass Mountain Capital, 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.
• Glass Mountain Capital may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
• Glass Mountain Capital 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.
• Glass Mountain Capital cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove GMC Collections From Your Credit Report Today!

Credit Saint can assist you in disputing GMC collection 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.