“How To Keep Cavalry Portfolio Services From Destroying Your Credit”

See My Real Documents, Including Credit Reports, and Learn How I Beat Cavalry Portfolio Services and Restored My Good Credit

A common tactic among debt collection agencies is to essentially hold your credit score hostage until you pay off your debts. If an agency like Cavalry Portfolio Services is using this tactic on you, don’t despair! If your situation is anything like mine, you have a great chance of getting black marks from Cavalry Portfolio Services off of your credit report with the help of Lexington Law credit repair service.

I got involved with Cavalry Portfolio Services when they bought an unresolved debt from Sears. I had opened a Sears charge, missed a few payments, and then disagreed with Sears about the interest charges and fees they placed on my account. I’d written to Sears explaining my position, paid off what I thought I owed, and then I guess I just assumed the situation was handled.

Big mistake! Sears ultimately sold my debt to Cavalry Portfolio Services, which is a fancier, friendlier way of saying Cavalry Portfolio Collection Agency. I tried contacting Sears again, but I discovered that once they’ve sold a debt, they no longer have any say in the matter. Cavalry Portfolio Services wasn’t collecting on behalf of Sears–instead, they were collecting for themselves! No wonder they weren’t interested in hearing my side of the story. All they wanted was to get paid.

Since collection agents work on commission, their pay-me-now attitude is understandable, if not appreciated. On some level, I understand that debt collectors are just working people like me. I can forgive “Rick,” the Cavalry agent who worked my account, for calling me incessantly and interrupting my evenings at home with my family. He’s just doing his job. Besides, it can’t be much fun to spend all day calling people who hate you. At times, I almost felt sorry for him.

What I have more trouble accepting is the company culture that encourages people like “Rick” to treat customers in a very pushy way, without compassion or respect for family time, all in the name of making money. I know for a fact that Cavalry Portfolio Services bought my debt at a fraction of the true cost. That’s common practice for collection agencies. So it really bothered me that Cavalry Portfolio Services was trying to add to their already substantial profit by littering my account with interest charges and fees.

Even though “Rick” sometimes tried to adopt an attitude of “helping” me, I knew that he was just out to make a buck for his company. I didn’t feel like I needed “help” creating a payment plan for a debt that I felt was inaccurate in the first place!

As time went by, I learned not to engage with “Rick.” He was not really my friend, he wasn’t acting in my interests, and talking to him on the phone was just a waste of time. Cavalry Portfolio Services had one outcome in mind: me paying everything! They really weren’t interested in discussing anything else.

I was definitely annoyed by all the letters and phone calls I was getting from “Rick” and his colleagues at Cavalry Portfolio Services, but I didn’t do anything about the situation.

Then one day I happened to check my credit score with TransUnion. It was 501. You can imagine how shocked I was. I had no idea one little problem with a company like Cavalry Portfolio Services could be so damaging to my credit. I realized that Cavalry Portfolio Services had reported my debt as a collection item, and now my credit was completely trashed. I checked Experian and Equifax, in the vain hope that Cavalry hadn’t gotten to them yet. No luck. They showed the exact same thing as TransUnion did: a big fat F rating and 501 points.

I decided to really go on the offensive at that point. I started arguing with “Rick” on the phone, and I sent multiple letters to Cavalry Portfolio Services, explaining my position and demanding that they remove the collection items from my credit report.

I don’t know what made me think that I could handle this on my own! Rather than making progress, I actually made a bunch of mistakes that probably hurt my chances of successfully disputing the debt.

First of all, you should NEVER rely on the phone for debt dispute. You need to send letters so that there is a written record of your communications with Cavalry Portfolio Services. If you do end up agreeing to a payment plan, again, you should be sure to get the terms in writing!

Second, you should use letters wisely. Don’t send a ton of rambling explanations and complaints to a debt collector like Cavalry Portfolio Services. They could decide your dispute is frivolous and begin ignoring your letters completely. Instead, you should send a few well-worded letters that show you have an understanding of your legal rights. If you can’t do this on your own, hire a lawyer.

Lastly, I completely missed my chance to ask for a debt validation. There’s a limited time window for initiating debt validation, and by wasting time ignoring the situation and then sending unprofessional communications, I missed it. My time would have been better spent researching my rights and getting legal help, rather than arguing and complaining.

Needless to say, I made no progress with Cavalry Portfolio Services on my own. Eventually I realized I needed professional help in order to resolve the situation and, most importantly, to repair my credit. I knew I couldn’t get a new job, a new loan, or a new landlord until my credit improved.

After doing some research online, I came across Lexington Law credit repair service. Here are just a few of the impressive facts about Lexington Law:

-Lexington Law has a PROVEN track record in credit repair services.

-In 2010 alone, Lexington Law succeeded in deleting over one million negative items from their clients’ credit reports. This includes items from just about every collection agency imaginable.

-Lexington Law consists of 24 staff attorneys and about 200 paralegals and agents. These individuals are spread across 19 states and have the experience and expertise needed to solve your credit score problems.

-Unlike other credit repair services I found online, Lexington Law does not require payment before discussing your case. In fact, they offer a free consultation and a no-risk refund policy.

-Lexington Law believes in transparency during the credit repair process. They keep you in the loop during all proceedings and inform you of your legal rights.

When I called Lexington Law, a friendly representative answered all of my questions and assured me that their credit repair service had a very good chance of helping me. She told me that Lexington Law has a number of tried and true credit repair methods, including debt validation, statute of limitations investigation, and checks for compliance with the Fair Debt Collection Practices Act and the Fair Credit Reporting Act.

I eagerly let Lexington Law take on my case. As soon as I did that, I immediately felt calm and relieved. I knew that if anyone could help me repair my credit, it was this law firm.

Lexington Law quickly investigated my situation and within weeks, they had removed the Cavalry Portfolio Services collection items from my credit history. It seemed too good to be true, but I got letters from all three of the credit bureaus to prove it! You can’t imagine how good it felt to have those papers in my hands.

Today my credit score has fully recovered, and I am once again in control of my financial future. I don’t have to worry about a bad credit score haunting me and keeping me from getting a new job, a new loan, or a new apartment!

I’m so happy to be able to share my success story with others, and to give people hope when they’re being hounded by bill collectors and threatened with years of bad credit.

If you have been contacted by Cavalry Portfolio Services, know your rights. Don’t let them push you around, and don’t try to make friends with them either. As soon as they report your collection items to a credit bureau, fight back by hiring Lexington Law. You’ll thank yourself for it, and your credit score will thank you too.