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?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
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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?
Before contacting a collection agency, 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 Credit reports can contain errors or list debts that are no longer valid.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 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 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 Glass Mountain Capital, LLC
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 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. They have 30 days to prove the debt is yours and the amount is accurate.
- Glass Mountain Capital cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Glass Mountain Capital 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.
- Glass Mountain Capital cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove GMC Collections From Your Credit Report Today!
Credit Saint offers assistance with disputing GMC collection accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
