How to Remove MG Credit From Your Credit Report

If MG Credit has shown up on your credit report, you might be dealing with unpaid gym membership fees or other fitness-related debt. Here’s how to handle the situation and work toward removing it from your report.

Who Is MG Credit?

MG Credit, Inc. is a debt collection agency based in Jacksonville, Florida. They specialize in recovering unpaid debts, often on behalf of gyms, fitness clubs, and similar businesses.

If you see MG Credit listed on your credit report, it usually means you have an outstanding balance that was sent to collections, most commonly tied to a gym membership or fitness-related service.

Who Does MG Credit Collect For?

MG Credit is known for collecting unpaid debts in the fitness industry. Their clients often include:

• Gyms and fitness clubs
• Personal training companies
• Health and wellness centers

One of their well-known clients is Bailey’s Gym, but they may work with other businesses to collect overdue payments.

Is MG Credit a Legitimate Company?

Yes, MG Credit is a legitimate debt collection agency. They are authorized to recover debts for their clients, but that doesn’t mean mistakes can’t happen. Always request verification of the debt before paying.

How to Remove MG Credit From Your Credit Report

Collections can stay on your credit report for up to seven years, but you have options to resolve them:

• Dispute inaccuracies: If the debt isn’t yours or contains incorrect information, file a dispute with the credit bureaus.
• Request debt validation: You have the right to ask MG Credit for proof that the debt is accurate and belongs to you.
• Negotiate a pay-for-delete: Some collection agencies agree to remove the account from your credit report if you settle or pay the debt.
• Work with a credit repair company: Professionals can handle the dispute process for you and may increase your chances of success.

Should You Contact or Pay MG Credit?

Before speaking with MG Credit, verify that the debt is accurate and hasn’t passed your state’s statute of limitations. Making payments on old debts can sometimes restart the reporting timeline, which could harm your credit further.

If you’re unsure how to proceed, consider working with a credit repair professional to avoid missteps.

Can MG Credit Sue You or Garnish Your Wages?

Yes, MG Credit has the legal right to sue for unpaid debts. If they win a lawsuit, they could potentially garnish your wages or levy your bank account—depending on the laws in your state.

Lawsuits are typically a last resort, as most collection agencies try to resolve the debt through other means first.

MG Credit Contact Information

Address:
MG Credit, Inc.
5115 San Juan Ave
Jacksonville, FL 32210

Phone:
(800) 387-6503
(904) 387-6503

MG Credit Complaints

MG Credit has received complaints with the CFPB and BBB. Common issues include:

• Inaccurate credit reporting
• Harassment or excessive calls
• Failure to properly validate debts

If this occurs, you can dispute the information and file a complaint.

Your Rights When Dealing With MG Credit

The Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA) protect you from unfair collection tactics. MG Credit cannot:

• Report inaccurate or incomplete information
• Harass, threaten, or repeatedly call you
• Use abusive language
• Pretend to be someone they’re not
• Threaten arrest or imprisonment for unpaid debts

You also have the right to dispute the debt and request written proof.

Remove MG Credit From Your Credit Report Today

Collections don’t have to damage your credit long-term. Credit Saint helps clients dispute accounts from companies like MG Credit every day. They even offer a 90-day money-back guarantee for extra peace of mind.

Visit their website or call (855) 281-1510 to get professional help cleaning up your credit.