Transworld Systems

Who is Transworld Systems?

Transworld Systems is one of the largest debt collection agencies in the United States, with multiple branches spread across the country.

If Transworld Systems appears on your credit report, it’s typically a sign that a company has enlisted their services to collect an unpaid debt linked to your name.

Transworld Systems, Inc (TSI) may appear on your credit report as any of the following entries:

• transworld inc
• transworld sys inc
• tsi co
• tsi/33
• tsi/51
• tsi/55
• tsi/940
• tsi/980

Who does Transworld Systems collect for?

Transworld Systems collects on behalf of a wide array of institutions and businesses. These include educational and financial institutions, healthcare providers, and even state and federal government organizations. Small and medium-sized businesses also form a part of their client base.

Is Transworld Systems legit or a scam?

Transworld Systems is a legitimate and reputable debt collection company. They are one of the largest debt collectors and accounts receivable management companies globally, with a track record stretching back over 50 years.

In the last decade alone, Transworld Systems has recovered approximately $6 billion for their clients, proving their effectiveness in the debt collection sector. Despite their legitimacy, it’s always important for consumers to verify any debts claimed by the agency.

How can I remove Transworld Systems 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.)

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.

Transworld Systems, Inc. (TSI) Contact Information

Address:

Transworld Systems, Inc.
500 Virginia Dr. Ste 514
Ft Washington, PA 19034-2707

Mailing Address:

Transworld Systems, Inc.
PO Box 15630
Wilmington, DE 19850

Phone number: (877) 865-7686 or (877) 282-1250

Should I contact or pay Transworld Systems?

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. Of course, there are times when it’s best to just pay it, especially if it’s new, and you’re certain that it’s legit.

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

Will Transworld Systems sue me or garnish my wages?

Transworld Systems has the option to sue for unpaid debts, although this step is usually taken as a last resort due to the time and resources it involves. If the company were to sue you and win a judgment, it could potentially lead to wage garnishment or a lien on your property, depending on the laws in your state.

However, prior to any lawsuit or wage garnishment, you should receive multiple communications from the collection agency.

Transworld Systems Complaints

Most debt collection agencies have numerous complaints filed against them with the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and the Better Business Bureau (BBB).

Most consumer complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you find yourself facing any of these situations with a debt collection company, you should also consider filing a complaint.

Despite the horrible customer reviews, Transworld Systems currently has an A+ rating with the BBB.

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 Transworld Systems, Inc.

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 and other federal laws provide 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 Transworld Systems to report inaccurate or incomplete information about you.
• You have a legal right to request debt validation on an alleged debt. Send Transworld Systems 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.
• Transworld Systems may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
• Transworld Systems must be honest about who they are and what they are attempting to do. They must notify you that they are a debt collector both orally and in writing.
• Transworld Systems cannot threaten to have you arrested or imprisoned over unpaid debts.

Remove Transworld Systems From Your Credit Report Today!

Credit Saint can assist you in disputing Transworld Systems collection accounts with credit reporting agencies. 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.