LVNV Funding LLC

Is LVNV Funding LLC hurting your credit score?

Schedule a complimentary credit consultation to find out how you can eliminate inaccurate and questionable negative information from your credit report.

Who is LVNV Funding LLC?

LVNV Funding LLC is a third-party debt collection agency with its primary offices in Las Vegas, Nevada.

LVNV Funding outsources the management of its portfolio of accounts to a company called Resurgent Capital Services who is a debt collector located in Greenville, South Carolina.

Who does LVNV Funding collect for?

LVNV Funding LLC, widely known across the United States and particularly prominent in the New York area, is a debt buyer specializing in purchasing unsecured debts. A significant portion of their portfolio comprises debt from major credit card companies such as Bank of America, Best Buy, Capital One, Chase, Credit One Bank, Citibank, HSBC, Sears, and Wells Fargo.

The company’s collection practices have raised numerous complaints, prompting debtor caution. If you have outstanding debt with a credit card company and it has been sold to a debt collector, you may find LVNV Funding LLC listed as a collections account on your credit report.

Is LVNV Funding legit or a scam?

LVNV Funding LLC is a legitimate debt collection company. However, as with many debt collection agencies, LVNV Funding employs aggressive tactics to try to collect the debts they purchase. This can often result in a high volume of calls, texts, or emails, which can feel intrusive or overwhelming.

How did LVNV Funding end up on my credit reports?

LVNV Funding LLC purchases credit card debt at substantially reduced rates, sometimes for pennies on the dollar. In some cases, they even buy time-barred debts, which are those that can no longer be legally collected through court action. After debt buyers buy your debt, they usually report it to the three major credit bureaus.

It’s important to realize that just because LVNV Funding is on your credit reports, it does not necessarily mean that you owe the debt. Errors in reporting, account numbers, the amount owed, and other issues are common.

LVNV Funding may appear on your credit report as any of the following entries:

  • lvnv
  • lvnvfundg
  • lvnv collections
  • lvnv funding llc credit one bank

How can I remove LVNV Funding from my credit reports?

LVNV Funding LLC collections can hurt your credit score and remain on your credit reports 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.)

Ready to Raise Your Credit Score?

Some clients have raised their credit scores
by 100 points* or more.

[*] Results are not typical or guaranteed.

Lexington Law is a professional credit repair law firm that works with people who want to fix their credit.

In addition to collections, Lexington Law helps you challenge (and possibly remove) other inaccurate information from your credit reports. 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.

LVNV Funding LLC / Resurgent Capital Services Contact Information


LVNV Funding LLC
55 Beattie Pl
Greenville, SC 29601

Mailing Address:

LVNV Funding LLC
PO Box 10497
Greenville, SC 29603

Phone number: (888) 665-0374

Should I contact or pay LVNV Funding?

Nothing good can come from speaking to a debt collection company 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 debt, especially if it’s new, and you’re certain that it’s legit.

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

Will LVNV Funding sue me or garnish my wages?

As a debt collection agency, LVNV Funding LLC does have the legal right to sue for the unpaid debts they own. If they file a lawsuit and win, the court may grant them a judgment. Depending on your state’s laws, this judgment could potentially allow LVNV Funding to garnish your wages, levy your bank account, or place a lien on your property to recover the debt.

However, it’s important to note that wage garnishment is usually a last resort after other collection attempts have failed. The process of suing and obtaining a judgment requires time and money, so not all collection agencies will go to these lengths.

LVNV Funding LLC / Resurgent Capital Services 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 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.

5 Steps to Remove LVNV Funding From Your Credit Reports

Fortunately, there are several simple ways to protect yourself. If you have collections from LVNV Funding LLC on your credit reports, and you need to remove them, follow these 5 steps:

  1. Validate the debt: Ask LVNV Funding LLC in writing to validate the debt. They must prove that you owe the debt and that they own it. If they can’t, they are required to remove the collection from your credit reports. They have 30 days to respond; if they don’t, they need to remove the negative information.
  2. Review your credit reports: Look for other negative items or duplicate entries that may indicate the debt has been sold multiple times. If you see multiple accounts from different companies, dispute the debt with each collection agency.
  3. Verify their response: Check any response you receive for inconsistencies. Look at account numbers, dates, and other details. Dispute any discrepancies you find.
  4. Dispute formally if necessary: If LVNV Funding LLC insists the debt is valid, write a formal dispute to the credit bureaus detailing all relevant information. If there are many collections, consider hiring a credit repair specialist to assist.
  5. Negotiate if needed: If the collection remains on your files after a dispute, be prepared to negotiate a debt settlement. Many times, these debts are beyond the statute of limitations to sue but are still within the reporting limit. If so, you may be able to arrange a ‘pay for delete’ agreement where you pay a reduced amount in return for the account being removed from your credit profile.

Your Rights When Dealing with LVNV Funding

Debt collectors 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 collection agencies don’t take advantage of you. In particular:

  • It is a violation of federal law for LVNV Funding 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.
  • LVNV Funding may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
  • LVNV Funding 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.
  • LVNV Funding cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove LVNV Funding LLC Collections From Your Credit Report Today!

Lexington Law Firm can assist you in disputing LVNV Funding collections. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.

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 for a free credit consultation to see what they can do for you.

Ready to Raise Your Credit Score?

Some clients have raised their credit scores
by 100 points* or more.

[*] Results are not typical or guaranteed.