LVNV Funding is a collection agency with very unorthodox reporting practices. Debts that are not yours could be sold to this agency and placed on your credit report, solely as a way for them to make money. Amounts can be inflated or padded, and are very hard to remove without legal help.

Many collection agencies are filled with honest and professional people who sincerely want to provide assistance to help you pay a debt. They will treat you and your situation with respect and concern. Collection agencies are a fact of life, and it is stressful to constantly receive phone calls, certified letters and other stressful reminders that you owe somebody, somewhere, money.

Collection agencies sometimes use unscrupulous methods to collect money owed on a debt. Luckily, the Fair Credit Reporting Act protects you from these debts being marked up as much as 150% from the original debt owed. You must go to a court of law to fight them, and have the information removed from your credit report. They can do irreparable damage to your credit rating and create havoc on your credit report.