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Sunday, November 23, 2008

Cavalry Portfolio Services- Remove Bad Credit

By Justin Hutto

You must dispute a negative item from Cavalry Portfolio to remove it from your credit history. This is done directly with the credit bureaus.

You are telling the bureaus that you do not agree with the accuracy or validity of a mark when you file a dispute. Upon receipt of a valid dispute letter the bureaus will investigate the mark.

They will contact the agency or lender and ask them to verify the account. In addition they will verify the dates on the account and the balance of the debt.

If the mark is not verified then the bureaus must remove it from your credit report. Frequently an investigation will result in a negative mark being removed.

You can write a dispute letter yourself or hire a credit repair service. If Cavalry is the only bad credit item on your report we suggest you dispute it yourself.

However if you have other negative items on your credit report we suggest hiring a credit repair service. A service will be able to use advanced dispute techniques in case the listing is verified.

Who is Cavalry Portfolio?

They are a collection agency. They will purchase debt and collect for themselves or they will collect on behalf of a financial institution.

However they do offer contact information for individuals that want to comment about Cavalry and their collection methods. Most agencies will try to avoid customers and their feedback on their business.

They provide Todd Tipton as a contact his email is ttipton@cavps.com and his phone number is 918.665.5686. They claim to work with their customers to come to an agreement for repayment.

Sometimes accounts can go to collections that are not valid debts. It is not uncommon for a lender mistake to cause your account to erroneously go to collections and for you to receive communication from Cavalry.

You will not be able to explain to them that the lender made a mistake. Instead you will have to dispute the negative mark with the credit bureaus.

In sum a negative item from Cavalry Portfolio can be removed from your credit report. You can dispute this mark and erase it.

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