How to Remove Transworld Systems From Your Credit Report

Is Transworld Systems hurting your credit score?

Lexington Law has helped millions of customers remove collections and other negative items from their credit reports. Let them help you too!

Who is Transworld Systems?

Transworld Systems is a debt collection agency with numerous locations throughout the US. You may see them listed on your credit report as a collections account.

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

  • transworld collections
  • transworld inc
  • transworld sys inc
  • transworld systems debt collection
  • tsi co
  • tsi/33
  • tsi/51
  • tsi/55
  • tsi/940
  • tsi/980

If you recently applied for credit and got denied, or pulled your credit file and were surprised by one or more negative entries from Transworld Systems, you’re not alone. But you don’t have to sit idly by and wait years for your credit to slowly repair itself.

Who does Transworld Systems collect for?

Transworld Systems collects delinquent debts for educational institutions, financial institutions, healthcare providers, state and federal government organizations, and other small and medium-sized businesses.

Is Transworld Systems legit or a scam?

Transworld Systems is a legitimate debt collection agency. In fact, they are one of the largest debt collectors and accounts receivable management companies in the world. Transworld Systems is hired by companies to assist them in debt recovery of past due accounts.

They’ve been in business for more than 50 years. In the last ten years alone, the company has recovered about $6 billion for its clients.

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.

(Debt collectors prefer that we didn’t tell you this, but it’s something you should know.)

Lexington Law Firm is a credit repair company that helps people fix their credit.

In addition to collections, Lexington Law will help you challenge (and possibly remove) other inaccurate information from your credit report. These items include inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Call Lexington Law now to learn more: (800) 220-0084

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?

Nothing good can come from speaking to a collection agency on the phone. And making payments on the debt will reset the clock. So instead of helping your credit, it could make it worse. 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 best way to deal with debt collection agencies is to work with a credit repair professional. They delete millions of negative items every year from companies like Transworld Systems for millions of clients nationwide.

And they may be able to help you too.

Will Transworld Systems sue me or garnish my wages?

It’s possible that a debt collection agency will resort to litigation and seek wage garnishment, but if you work with a law firm like Lexington Law, you have nothing to worry about. They will help you dispute the Transworld Systems collection account and possibly remove it from your credit report. It’s also quite possible that you may never hear from or have to deal with TSI again.

Call Lexington Law to learn how they can help you avoid lawsuits and remove negative items from your credit report that will significantly improve your credit scores.

Wage Garnishment

Some states allow wage garnishment, while others do not. It is important to note that if you are in a state that does not allow wage garnishment, it is illegal for a debt collector to threaten to garnish your wages.

It is also illegal for Transworld Systems to make any claims they cannot or will not follow through on—this includes threatening to sue you or foreclose on your home.

Is Transworld Systems hurting my credit score?

Missed payments over several months will cause a hit to your credit score. With a Transworld Systems collection on your credit report, it will reduce your ability to qualify for new credit even more.

Debt collectors often buy and sell debt from one another, so this can lead to multiple collections placed on your credit report for the same account.

When this happens, if you don’t dispute the accounts with the credit bureaus and get them all removed, they will harm your credit score.

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). Lexington Law knows that you have rights, and TSI does too.

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 on your credit report.
  • 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, and they are not allowed to threaten to take legal action if they have no intention of doing so.

Remove Transworld Systems From Your Credit Report Today!

Lexington Law Firm specializes in disputing Transworld Systems collection accounts with credit reporting agencies. They have over 18 years of experience and have removed over 7 million negative items for their clients in 2020 alone.

If you’re looking for a reputable credit repair company to help you with collection accounts and repair your credit, consider working with Lexington Law.

You can give them a call at (800) 220-0084 for a free credit consultation. They have helped many people in your situation and have paralegals standing by waiting to take your call.