Who is Universal Fidelity LP?
Universal Fidelity LP (UFLP) is a debt collection agency headquartered in Katy, Texas. As a collection agency, they are responsible for collecting unpaid debts on behalf of various entities.
If you see UFLP listed on your credit report, it means they have been assigned or have purchased a debt that you allegedly owe. This typically happens when you have defaulted on a payment and the original creditor has transferred the debt to a collection agency like UFLP for recovery.
Who does Universal Fidelity LP collect for?
Universal Fidelity LP provides collection services for a wide range of debts, including automotive loans, educational loans, financial institutions, government & municipalities, and healthcare accounts. This suggests they work with a variety of businesses and entities, ranging from banks and loan providers to healthcare providers and government bodies.
Is Universal Fidelity LP legit or a scam?
Although Universal Fidelity LP is a legitimate company, they have been known to engage in repetitive and unwelcome communication through various means such as phone calls, text messages, and emails. Despite these practices, they are a legitimate business.
How can I remove Universal Fidelity LP 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.)
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Lexington Law is a professional credit repair law firm that works with people who want to fix their credit.
In addition to collections, they can work with 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.
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Universal Fidelity LP Contact Information
Address:
Universal Fidelity LP
1904 W Grand Pkwy N
Katy, TX 77449
Phone number: (281) 647-4100 or (800) 580-8887
Should I contact or pay Universal Fidelity LP?
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 Universal Fidelity LP is to work with a credit repair professional. They help remove millions of negative items every year from companies like Universal Fidelity LP on behalf of their clients.
Will Universal Fidelity LP sue me or garnish my wages?
While it is possible for debt collection agencies like Universal Fidelity LP to sue for unpaid debts, it’s generally considered a last resort due to the time, cost, and resources involved. However, if Universal Fidelity LP chooses to sue and wins a judgement against you, they may be legally allowed to garnish your wages, depending on your state’s laws.
Is Universal Fidelity LP hurting my credit score?
Any derogatory item on your credit report, including a collections account, may harm your credit score.
Debt collectors often buy and sell debt from one another. This can lead to multiple collections on your credit report for the same account.
To get an account removed, you must file a separate dispute with each credit bureau; Equifax, Experian, and TransUnion, or it can negatively impact your credit score.
Universal Fidelity LP 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 a debt collector is harassing you, you may want to 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 a debt collector.
Your Rights When Dealing with Universal Fidelity LP
Collection agencies 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 Universal Fidelity LP 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.
- Universal Fidelity LP may not threaten or harass you, call you repeatedly, swear at you, or publicly publish a list of debtors.
- Universal Fidelity LP 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.
- Universal Fidelity LP cannot threaten to have you arrested or imprisoned over unpaid debts.
Remove Universal Fidelity LP From Your Credit Report Today!
Lexington Law can assist you in disputing Universal Fidelity collection accounts. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 alone.
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 for a free credit consultation to see what they can do for you.
Ready to Repair Your Credit?
Some clients have raised their credit scores
by 100 points* or more.
