How You Can Remove Midland Credit Management from Your Credit Report

Midland Credit Management is a collection agency and they will collect on automobiles, unsecured debt, credit cards, and telecom accounts. They are a subsidiary of Encore Capital Group.

Midland Credit Management is located in San Diego, Phoenix, and Minnesota. Their parent company Encore Capital Group is traded on the NASDAQ.

They purchase debts from collection agencies and lenders. They say they try and work with the customer in order to set up a settlement plan.

However there are reports of them frequently trying to use arbitration. In other words they will try to get a judgment placed against you for the debt.

A judgment is a very severe mark that you should avoid if possible. If you have a mark from Midland Credit Management I suggest disputing this mark with the credit bureaus.

To dispute this mark you can do it yourself or hire a credit repair company. If you do it yourself you will have to craft a dispute letter.

In the dispute letter you must provide the details about the negative listing and why it is incorrect and should be removed. Then you must mail this letter to each credit bureau.

If you have multiple negative marks on your credit report then you should consider a professional credit repair service. However if you only have one or two marks you will be better suited to dispute these marks yourself.

A credit repair firm will draft the dispute letter for you. They will monitor and keep up with the stall tactics the credit bureaus often use.

It is everyday practice for the bureaus to respond to a dispute letter with one that asks for more information about the dispute. This is no more than a stall tactic used by the credit bureaus. They want to frustrate the individual and hope the individual will give up on the dispute.

The bureaus end up spending their own money investigating "valid" disputes. This is money that would be profit and instead is being spent.

A credit repair firm can usually get a credit bureau to start an investigation quicker than an individual. It may be they are fearful of an attorney at the firm will file a complaint about the credit bureaus not responding to the Fair Credit Reporting Act.

This act made it law that credit bureaus must investigate disputes and delete any listings that are unverifiable or inaccurate.

In sum, your representatives in government have created laws to protect your rights. You do not have to live with negative marks on your credit report. You can have these items removed and your credit score can be repaired.