To remove a negative mark from Cavalry Portfolio Services from you credit report you must dispute it. You do this directly with the credit bureaus.
A dispute is the consumers' method of telling the credit bureaus that a mark on their credit report is wrong. When a dispute occurs the credit bureaus will investigate the mark.
They will contact the agency or lender and ask them to verify the account. In addition they will verify the dates on the account and the balance of the debt.
If the mark can not be verified then the credit bureaus must remove it from your credit report. Frequently investigations result in the removal of negative marks.
You can write a dispute letter yourself or hire a credit repair service. If Cavalry is the only bad credit item on your report we suggest you dispute it yourself.
However if you have a number of bad credit items you want to dispute on your credit report we suggest hiring a service. A service can use advanced dispute techniques to remove a mark if it is verified.
Who is Cavalry Portfolio?
Cavalry Portfolio is a collection agency. They will purchase debt from financial institutions or they will work on a commission basis with an institution.
They do offer contact information for individuals wanting to give feedback about their business. This is highly unusual for collection agencies as most try to avoid feedback.
Instead Cavalry Portfolio gives the contact information of Todd Tipton his email is ttipton@cavps.com and phone is 918.665.5686 to individuals wanting to comment about their company. They try to work with consumers and work out a payment plan.
There are times when an account will go to collections due to a lender mistake. This is not uncommon and you will start getting communications from a collection agency.
However getting them to stop calling you or to remove a negative mark on your credit is next to impossible. Instead your only option is to dispute the mark with the credit bureaus.
In sum if you have a mark from them on your credit report you should dispute it. You can do this yourself or hire a credit repair service.
Remove Bad Credit Report
Good credit renders you a successful credit card and loan applicant. If you're a student going to college, a potential homebuyer, or anyone else in need of a loan, you need to fix your credit report, otherwise you may not be able to pay for tuition or that new home. Credit history matters and you need to know yours.
If your credit report has bad marks, a consequence of outstanding debt, you should immediately pay the debt off. The debt with the highest interest rates should be your top priority. If you find this task too overwhelming, contact a non-profit credit-counseling association to receive help and guidance for your financial concerns. You can develop a debt-consolidation plan and a counselor can even get in touch with your creditors and convince them to reduce the amount of money you owe.
Furthermore, do not open unnecessary accounts. They will simply burden you with more bills and ultimately, debt. Until you have established a good credit history, new credit cards should be avoided entirely. Only borrow money for your needs. Even if you have a high income, credit cards can still hinder you financially.
Creditors assess your report and ultimately decide whether or not to grant you a credit or a loan and once an application is accepted, they will then determine how much money to lend you. The national credit bureaus are responsible for collecting the information in your credit history and they relay it all to lending institutions and the like. But you can receive a free copy of your credit report and thus know exactly what's in it as well. A healthy way to keep your credit in check is to check your credit report at least once a year. This way you can keep an eye on how you're doing financially and also correct any errors.
By learning to deal with your money and also by keeping a keen eye on your credit report, you will be able to fix your credit report in no time.
Both Justin Hutto & Stu Pearson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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