What Is MBA Law Offices/Capio On My Credit Report?
MBA Law Offices/Capio is a debt collection agency. If you are seeing them on your credit report, it likely means they have purchased your debt from a creditor and are (or will be) attempting to collect it from you.
Is MBA Law Offices/Capio A Debt Collection Agency?
Yes, MBA Law Offices/Capio is a debt collection agency. They buy debt from a number of different creditors that no longer wish to attempt to collect the amount themselves (also known as a "charge-off").
MBA Law Offices/Capio may attempt to reach out via mail or phone calls (demanding payment). The worst part is a collections account will now be seen on your credit report. This hurts your score, as well as reducing your chances of getting approved for a loan or other important financial event.
But it’s not all bad news! We may be able to help you with this account. Call us today to find out more.
Who Does MBA Law Offices/Capio Collect For?
MBA Law Offices/Capio purchases debt from a range of different creditors. The information isn’t always publicly available and is constantly changing, so it’s difficult to provide an accurate and up-to-date list.
Does MBA Law Offices/Capio Hurt My Credit Score?
Yes, it is highly likely having MBA Law Offices/Capio on your credit report is damaging your score significantly.
How Can MBA Law Offices/Capio Affect Your Life
For those who find themselves in debt to MBA Law Offices/Capio, it is essential to be aware of the ramifications their financial situation can have on other aspects of their lives; such as difficulty obtaining loans or renting an apartment. Not only could a collections account cause harm to one's credit score and ability to receive future forms of credit but also may prevent them from getting approved for mortgages or employment opportunities.
Debts can be a draining burden to carry, and collections agencies like MBA Law Offices/Capio understand that. However, rather than providing relief with their debt collection efforts they often add on more stress through aggressive tactics such as repeated phone calls or letters of demand - even legal actions in cases where needed.
What is the debt collection process of MBA Law Offices/Capio?
MBA Law Offices/Capio handles debt collection in a systematic way: first, they contact the debtor via mail then follow up with phone calls. Should those efforts fail to resolve the issue and payment isn't made, legal action can be taken - such as filing a lawsuit or obtaining judgements & wage garnishments.
MBA Law Offices/Capio typically work to reach a settlement with debtors by proposing reduced payoffs or installment plans. Failing to keep up your end of the agreement could have credit repercussions, as MBA Law Office/Capio may inform credit bureaus about any defaults on payments.
How Do I Remove MBA Law Offices/Capio From My Credit Report?
To be eligible to remove MBA Law Offices/Capio from your credit report, you typically need to meet the following requirements:
- Any information on the account is incorrect
- Any information on the account is error’d
- Any information on the account is fraudulent
- And is not (or cannot be) fixed in an appropriate amount of time
According to a study by the U.S. PIRGs, 79% of credit reports contain mistakes or serious errors. Going after these types of accounts for our clients is our specialty.
Should I Pay For Delete With MBA Law Offices/Capio?
Paying off MBA Law Offices/Capio to have credit bureaus delete it from your report sounds like a good idea. There's one major problem. Paying a debt in collections changes your credit report status from 'unpaid' to 'paid', but the collection remains on your report for 7 years (from the date of first delinquency). This means your credit is still damaged.
Should I Negotiate A Settlement With MBA Law Offices/Capio?
Settling your debt with MBA Law Offices/Capio could go both ways. It may help your score, but it may also hurt your score. Many variables impact the end result. There is a better path to a good result. Work with a company that is able to review these accounts for you (like Credit Sage), and if any issues with the account exist you may have it removed all together (and never have to hear from them again).
Is MBA Law Offices/Capio Legit, Fake Or A Scam?
MBA Law Offices/Capio is a legitimate company. They aren’t fake or trying to scam you. But it is likely they are spam calling you trying to collect a debt. One of the best ways to deal with this is to dispute and remove unvalidated debts.
Why Do MBA Law Offices/Capio Keep Calling Me?
MBA Law Offices/Capio continues to call and attempt to collect a debt. The best thing you can do is ignore their calls and speak with a company that can help you get it removed (like Credit Sage).
How To Get MBA Law Offices/Capio To Stop Calling Me?
As we’ve mentioned above, MBA Law Offices/Capio will be calling you to attempt to collect a debt. The best thing you can do to stop this is speak with a company that can help you get them removed from your credit report, like Credit Sage. Once they are off your credit report, you won’t have to hear from them again.
MBA Law Offices/Capio Reviews And Complaints
MBA Law Offices/Capio has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will MBA Law Offices/Capio Try Suing Or Garnishing My Wages?
MBA Law Offices/Capio suing would be a very unlikely situation. In rare cases it may happen, but it certainly isn’t the norm. State and federal laws place limits or 'exemptions' that apply to bank and wage garnishments.
We strongly recommend calling us, we’ll help determine the likelihood of a lawsuit, but also provide you next steps in getting this collection removed.
Does MBA Law Offices/Capio Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, MBA Law Offices/Capio does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With MBA Law Offices/Capio?
You have the right to dispute any of your debt that MBA Law Offices/Capio has purchased. MBA Law Offices/Capio is governed by the Fair Debt Collection Practices Act (or FDCPA) and the Fair Credit Reporting Act (or FCRA). While these acts seem very complicated, they provide a great deal of power to the consumer if you know how to use it properly.
What Is MBA Law Offices/Capio Phone Number?
You likely want to call Credit Sage before deciding whether or not to call MBA Law Offices/Capio. The reason? You may not want to pay MBA Law Offices/Capio debt, especially if it's inaccurate. Paying it off could hurt your score.
Get MBA Law Offices/Capio Removed From Your Report, Today!
In most cases, we recommend speaking with a Credit Repair professional to analyze your credit report before you attempt to settle any debt. The main reason? Settling your debt may actually hurt your score.