What Is Second Round Sub LLC On My Credit Report?
Second Round Sub LLC 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 Second Round Sub LLC A Debt Collection Agency?
Yes, Second Round Sub LLC 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").
Second Round Sub LLC 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 Second Round Sub LLC Collect For?
Second Round Sub LLC 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 Second Round Sub LLC Hurt My Credit Score?
Yes, it is highly likely having Second Round Sub LLC on your credit report is damaging your score significantly.
Understanding Debt Collection Agencies
Debt collection agencies, such as Second Round Sub LLC, purchase and try to collect on debt that has been sold by the original creditor. In order to get the debt paid off, they may use aggressive methods such as phone calls and letters or reporting the debt to credit bureaus. It's important to know your rights when dealing with a debt collection agency - they are required to abide by the Fair Debt Collection Practices Act (FDCPA) which sets out guidelines for how debt collection should be conducted. If you feel like these rights are being breached, it's important to seek help and take action in order to protect yourself.
What to Do if You Are Contacted by a Debt Collection Agency
If you're contacted by a debt collection agency, it's important to take steps to protect yourself. Make sure the debt is actually yours (and not a case of mistaken identity) - ask for proof of the debt in writing and dispute if necessary. Understand your rights under the FDCPA - you have the right to request that the debt collector stop contacting you, dispute the debt, and even sue them for violation of law. You can also work with a reputable credit repair company like Credit Sage who can help navigate this process and potentially have the debt removed from your credit report.
How Do I Remove Second Round Sub LLC From My Credit Report?
To be eligible to remove Second Round Sub LLC 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 Second Round Sub LLC?
Paying off Second Round Sub LLC 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 Second Round Sub LLC?
Settling your debt with Second Round Sub LLC 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 Second Round Sub LLC Legit, Fake Or A Scam?
Second Round Sub LLC 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 Second Round Sub LLC Keep Calling Me?
Second Round Sub LLC 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 Second Round Sub LLC To Stop Calling Me?
As we’ve mentioned above, Second Round Sub LLC 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.
Second Round Sub LLC Reviews And Complaints
Second Round Sub LLC has terrible BBB reviews. This may come from their repeated calls and letters to consumers trying to collect their debt.
Will Second Round Sub LLC Try Suing Or Garnishing My Wages?
Second Round Sub LLC 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 Second Round Sub LLC Accept A Goodwill Letter To Remove My Collection/Charge-Off?
Based on our years of experience dealing with companies like this, Second Round Sub LLC does not accept goodwill letters to remove collection accounts or charge offs.
What Are My Rights When Dealing With Second Round Sub LLC?
You have the right to dispute any of your debt that Second Round Sub LLC has purchased. Second Round Sub LLC 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 Second Round Sub LLC Phone Number?
You likely want to call Credit Sage before deciding whether or not to call Second Round Sub LLC. The reason? You may not want to pay Second Round Sub LLC debt, especially if it's inaccurate. Paying it off could hurt your score.
Get Second Round Sub LLC 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.