800-861-4840 belongs to Cavalry Portfolio Services. They’re a debt collector reporting a collection account on your credit report.
This can mean 2 things:
The worst part is you now have a collections account on your credit report, which will be hurting your score. It also lowers your chances of being approved for credit (at least with good interest rates).
There are a number of ways you can go about this, but the easiest one (which we highly recommend), is to reach out to a company that specializes in dealing with debt collectors, such as Credit Sage.
Call us today on (855) 677-2127 and speak with one of our friendly collection specialists. They’ll review your credit report with you (for free), and walk you through your best options.
The best news? We’ve helped thousands of customers remove Cavalry Portfolio Services from their credit reports (without having to pay their debt). When Cavalry Portfolio Services is removed from your report:
Suppose you owe Cavalry Portfolio Services money and are receiving calls from 800-861-4840. In that case, you might be pondering what actions to take. The first step is to authenticate the debt and ensure that it pertains to you. You can also arrange a payment plan to repay the debt over time. It's crucial to have open communication with the debt collector and document every interaction. To avoid being sued or having your wages garnished, ensure that you meet your obligations. By settling the debt, you can reduce its impact on your credit score and prevent further collection efforts. If you require assistance, reach out to Credit Sage for help.
In case 800-861-4840 is furnishing incorrect information on your credit report, you have the right to challenge it. Begin by requesting a complimentary credit report from any of the major credit bureaus. Scrutinize the report and identify any inaccuracies, then file a dispute with the bureau while providing any supporting evidence like receipts or correspondences with the debt collector. If successful, the disputed details will be deleted from your credit report. You can keep an eye on your credit report regularly to ensure that the changes have been implemented. If unsuccessful, you may need to escalate the matter by seeking legal counsel or filing a complaint with the Consumer Financial Protection Bureau.
Speak with a live credit specialist for your free consultation, now