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Friday, November 21, 2008

Remove Cavalry Portfolio Services From Your Credit Report

By Justin Hutto

To remove a bad credit mark that was created by Cavalry Portfolio collection agency you must dispute the mark. This is done directly with the credit bureaus.

When you file a dispute you are telling the bureaus that the disputed listing is inaccurate. The bureaus will then conduct an investigation into the disputed listing.

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 it must be removed from your credit report. It is common for investigations to result in the removal of bad credit items.

You can create a dispute letter yourself or you can hire a credit repair service. If Cavalry is the only negative mark on your report then you should dispute this mark 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?

Cavalry Portfolio is a collection agency. They will purchase debt from financial institutions or they will work on a commission basis with an institution.

Cavalry Portfolio actually offers individuals a contact name and email to comment about their collection practices. Many agencies try to avoid hearing the negative feedback about their collection practices.

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.

However there are many times when an account will go to collections erroneously. The account might not be yours, or it was paid and because of a lender mistake you are being contacted by Cavalry.

Good luck explaining that it is a lender mistake and not a valid debt. This will often leave your only remedy to dispute the negative mark with the 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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