Midland Credit Management - How to Fight Off Stubborn MCM Bill Collectors
Is The Midland Credit Management (MCM) Collection Agency Harassing You With Incessant Phone Calls, Letters, Threats, and Ruining Your Credit Score?
Discover How to Stop the Madness and Beat Bad Credit
If you are looking to either: (a) settle a debt with the Midland Credit Management Collection Agency (also known as "MCM") or (b) looking to remove an MCM collection mark from your credit report, and/or (c) tips and strategies to get the upper hand in debt negotiation, then you are in the right place. Below we listed powerful strategies, information, and helpful tips for dealing with the MCM collection agency.
Midland Credit Management (MCM) Mailing Address and Phone Number
MCM -Dept. 12421
PO Box 603
Oaks, PA 19456
Midland Credit Management
8875 Aero Drive Suite 200
San Diego, CA 92123
Phone Number: 1-800-825-8131 (x2980 for consumer relations department)
Known Aliases include "MCM" and "Midland Funding LLC" Articles and Forum Postings About Midland Credit Management www.Chargeoff.net, Rip Off Report, Bud Hibbs
How to Handle a Phone Call from a Midland Credit Management Bill Collector
First, remain professional. Losing your temper will not help you gain the upper hand. Second, do not try to befriend the bill collector. Your tone and manner will go a long way in favorably resolving a debt. Striking a balance between authoritative and professional is best.
Second, Do your homework. Has the statute of limitations expired on the debt? Can the collector even verify the debt (i.e. have you conducted debt validation?) Has the debt already been passed around to various collection agencies before being sold to MCM? Any of the above scenarios will likely devalue the debt and mitigate the amount they expect to collect.
Third Communicate your offer by mail. Bill collectors are professional hustlers. They spend hours each day training, manipulating, persuading, harassing, and sadly, often conning, debtors into paying debts of questionable legitimacy. Why not limit your communication to writing where you control when and how you discuss your position? Plus, written communication makes it much easier to document a paper trail and dissuades bill collectors from trying questionable collection tactics. Thus, next time a bill collector calls, you can simply state these words: "I prefer any further communication be in writing." (You may also want to follow-up a written statement to the same effect.)
Remember, the bill collector does NOT share your same goals. He could care less about the accuracy of your credit reports. He does not care about whether you disputed the accuracy of the debt. In fact, if you say anything other than "how can I pay you?" the collector probably views you as a waste of time. In other words, he will only be satisfied if he makes a commission - even if it means you go without food until your next paycheck!
In sum, dealing with aggressive bill collectors is like a high-stakes poker match. It is crucial that you maintain your 'poker face.' Being overly chatty and saying too much to a bill collector is the equivalent of "showing your hand" in the middle of the game.
Who Is the Midland Credit Management/Midland Funding LLC?
Midland Credit Management is a large collection agency who has grown in size due to creating contacts with large lenders of consumer debt. Among its business contracts are Providian, also known as Washington Mutual or Wamu, and Beneficial - a large subprime lender who specializes in securing high interest personal loans with home equity. MCM typically purchases debt from these lending giants and then pursues collection efforts by way of telephone calls, dunning letters, settlement offers, threats of "further action" and the list goes on and on.
Often, Midland Credit has purchased a debt that was long ago charged off and sent to multiple third-party collection agencies. If Midland is trying to collect credit card debt that was charged off, you should be especially wary about making a payment or arrangements to pay over the phone because the statute of limitations (SOL) may have expired on the debt. Paying an old collection beyond the SOL can re-instate your legal right to pay the debt. In other words, a cunning bill collector may get you to agree to pay a debt or even make a small payment, which re-starts the clock and takes you back to day one!
How Midland Credit Management Will Ruin Your Credit History - As a debt buyer, MCM will report a derogatory mark on your credit report. This is just another tactic they use to pressure you into paying down a questionable debt. A collection or charged off debt on your credit report will damage your credit score and could prevent you from getting approved for new credit such as a new home, car, credit card, personal loan, etc.
There are two methods of erasing bad credit such as a Midland Collection from your credit reports:
- Disputing the negative mark with the credit bureaus - Experian, Equifax, Transunion
- Debt Validation directly with MCM
How to Get Midland Credit to Voluntary Delete Bad Credit Collections from Your Credit Reports!
"Midland bill collectors became a major problem for me because they were destroying my credit history without any legal right to do so. They claimed to own a very old debt that I was paying directly to the original credit card company.
I was trying to get approved for a new home loan, but the bank informed me that I would first have to resolve the collection item and other charge offs on my credit report. I tried to first dispute the marks directly with the credit bureaus. However, they ignored my dispute letters and refused to erase the Midland Collection and other bad credit.
It was really frustrating to feel like I was trapped by bad credit. I then discovered the Lexington Law Firm and found out they helped a lot of other people who were in my exact situation.
Signing up for Lexington Law was a great decision since they got started right away and deleted my Midland Collection in just a few weeks!
In fact, Lexington Law got Midland Collection Agency to voluntary remove the collection items from all three of my credit reports!
Here is the letter from the Midland Collection Agency indicating that the negative marks were DELETED for Good!
My Lexington Law attorney not only obtained quick results, but was able to resolve disputes and erase questionable credit items (including the MCM item) that I had given up on and thought would be impossible to remove from my credit reports. Lexington Law deleted the stubborn items by using debt validation techniques, credit bureau dispute, and escalated information demands, and creditor-direct interventions . Here are some additional deletion letters from the credit bureaus (collection agency deleted and personal loan charge off deleted):
Here - three collection items were deleted (total debt reported erased $2,841)
Altogether Lexington Law deleted just about all my bad credit including credit card charge offs, a defaulted student loan, utility and medical charge offs that were taken over by collection agencies.
They also erased the Midland Credit Management item by using a debt validation procedure against the bill collectors. Midland backed down and agreed to rescind all their collection efforts and voluntary remove the negative collection marks from my credit reports! (see letter above).
It feels good to have the Lexington attorneys in my corner since they are using other powerful strategies to help improve my credit score - which has been steadily improving since I signed up. Here are just a few of the things they are doing to make my credit score better:
- Disputing all bad credit items with the three major credit bureaus
- Debt validation>
- Goodwill letters (for the accounts that are late but have not been charged off)
- Escalated information demands
- Inquiry removal by way of inquiry investigation
- Use of the Fair Credit Reporting Act, Fair Debt Collection Practices Act, and Fair Credit Billing Act
If you are struggling with the Midland Credit Management Collection Agency - or any bad credit for that matter, I encourage you to check out the Lexington Law Firm 1-888-585-3999. They got rid of my Midland Collection for good, erased other negative credit items, and improved my credit score. I recommend them to anyone looking to beat bad credit.
They have deleted thousands of bad credit listings including: Charge Offs, Collections, Bankruptcy, Included in Bankruptcy, Liens, Late pays, Repossession, Foreclosures, Wage garnishment, and More!
Or Call toll free 1-888-585-3999 to get a free consultation and learn about how you might be able to erase Midland Collection items and clean up bad credit
