Razor Capital

Is Razor Capital 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 Razor Capital?

Razor Capital, LLC is a debt collection agency based in Bloomington, Minnesota. Their main role is to collect debts on behalf of creditors or, in some cases, after purchasing debt portfolios.

If you see Razor Capital listed on your credit report as a collections account, it’s typically because they’re attempting to recover a debt that you owe, usually a result of an unpaid bill.

Who does Razor Capital collect for?

Razor Capital collects on behalf of a variety of institutions and businesses. They purchase delinquent or charged-off debt from banks, credit unions, credit card issuers, utility providers, and other businesses. Once they’ve purchased the debt, they become the entity you owe and will attempt to recover the money owed.

Is Razor Capital legit or a scam?

Despite the frequency of their calls, texts, or emails, Razor Capital is a legitimate company. They are legally allowed to contact you about an unpaid debt.

How can I remove Razor Capital from my credit report?

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.)

Ready to Raise Your Credit Score?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

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.

Razor Capital, LLC Contact Information


Razor Capital, LLC
8000 Norman Center Dr. #860
Bloomington, MN 55437

Mailing address:

Razor Capital, LLC
PO Box 390243
Minneapolis, MN 55439-2300

Phone number: (866) 578-6167 or (952) 345-0061

Should I contact or pay Razor 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 Razor Capital is to work with a credit repair professional. They help remove millions of negative items every year from companies like Razor Capital on behalf of their clients.

Will Razor Capital sue me or garnish my wages?

Razor Capital, as a debt collection agency, has the legal authority to sue you for an unpaid debt. If they choose to file a lawsuit and they win the case, they may obtain a court judgment that could potentially lead to wage garnishment or other collection actions, depending on your state’s laws.

However, it’s important to remember that legal action is usually the last resort for debt collectors. Most would prefer to negotiate a payment plan or a settlement to avoid the time and cost associated with a lawsuit.

Razor Capital, LLC 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 you are being harassed by Razor Capital, you should also 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 Razor Capital, LLC

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

Remove Razor Capital From Your Credit Report Today!

Credit Saint can assist you in disputing Razor Capital 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.

Ready to Repair Your Credit?

Learn how to get help disputing errors on your credit report that could be hurting your credit score.