Second Round Sub, LLC

Who is Second Round Sub, LLC?

Second Round Sub, LLC, also known as Second Round, LP, is a debt collection agency headquartered in Austin, Texas. This organization primarily deals with collecting debt from consumers who have outstanding bills that have been left unpaid.

If you find Second Round Sub listed on your credit report, it generally means they’ve purchased the debt you owe from an original creditor or another collection agency.

Who does Second Round Sub collect for?

Second Round Sub, LLC, is a junk debt buyer. What this means is that they primarily deal in “charged-off” debts, which are debts that original creditors have deemed unlikely to be collected and written off their books. These debts can range across various sectors, such as auto loans, credit card bills, utilities, and other miscellaneous debts.

The original creditors sell these debts to Second Round Sub, typically for a fraction of the total amount owed, in an attempt to recoup some of their losses. Second Round Sub then attempts to collect the full debt from the debtor, turning a profit from the difference between the purchase price and the collected amount.

Is Second Round Sub legit or a scam?

Second Round Sub is a legitimate company. They’ve been in business since 2008, and 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 Second Round Sub from my credit report?

Collections can hurt your credit score and stay on your credit report for up to seven years, even if you pay them. Paying the collection might even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, 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.

Second Round Sub, LLC Contact Information

Address:

Second Round Sub
1701 Directors Blvd Ste 900
Austin, TX 78744

Mailing address:

Second Round Sub
P.O. Box 41955
Austin, TX 78704

Phone number: (866) 950-6357 or (512) 448-2600

Should I contact or pay Second Round Sub?

Before contacting a debt collector, 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 Second Round Sub is to work with a credit repair professional. They help remove millions of negative items every year from companies like Second Round Sub on behalf of their clients.

Will Second Round Sub sue me or garnish my wages?

Second Round Sub, LLC has the option to sue you to collect the outstanding debt. If they win the lawsuit and are granted a judgment by the court, they could potentially garnish your wages, levy your bank accounts, or put a lien on your property, depending on the laws in your specific jurisdiction.

However, it’s important to note that not all debts or situations may lead to a lawsuit. Legal action generally depends on the size of the debt, the collection agency’s assessment of their ability to collect, and local and state laws.

Second Round Sub, LP Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). 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 Second Round Sub

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 Second Round Sub 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.
• Second Round Sub cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
• Second Round Sub 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.
• Second Round Sub cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Second Round Sub From Your Credit Report Today!

Credit Saint can help you dispute Second Round Sub collection accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many 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 call (855) 281-1510 for a free credit consultation to see what they can do for you.