Business

MBA Law Offices/Capio On Your Credit Report?

Who Does MBA Law Offices/Capio Collect For?

MBA Law Offices/Capio is a debt collector reporting a collection account on your credit report.

In some cases, this means they purchased the debt from the original creditor (i.e. a credit card or loan company). Usually, this means they paid pennies on the dollar, sometimes 1/10th of the original cost, to buy this debt. In other cases, they may not own the debt themselves, instead of being paid to collect on behalf of another company.

They may attempt to communicate with you via mail or phone calls (demanding payment). Even worse, a collections account now appears on your credit report. This hurts your score (and chances) to get approved for a loan or other important financial event.

Does MBA Law Offices/Capio Hurt My Credit Score?

Any derogatory mark under its statute of limitations may severely impact your credit score. A collections account is no different.

How Do I Remove MBA Law Offices/Capio From My Credit Report?

Removing MBA Law Offices/Capio from your credit report may be possible if any information on the account is incorrect, error’d, or 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. We specialize in going after these types of accounts for our clients.

Is MBA Law Offices/Capio A Debt Collection Agency?

MBA Law Offices/Capio is a debt collection agency. They buy debt from a number of different creditors that have given up on trying to collect the amount themselves (sometimes referred to as a “charge-off”).

Should I Pay For Delete With MBA Law Offices/Capio?

Paying off MBA Law Offices/Capio to have credit bureaus delete it from your report seems ideal. There’s one problem. Paying a debt in collections changes your credit report status from ‘unpaid’ to ‘paid’. The result? Your collections still appear on your report for 7 years (from the date of first delinquency). This means your credit is still affected.

But – there is one solution.

Should I Negotiate A Settlement With MBA Law Offices/Capio?

Settling your debt with MBA Law Offices/Capio may help your score, but it may also hurt your score. The answer depends on many variables. You may also not have to pay at all, and if any issues with the account exist you may have it removed altogether (and never have to hear from them again).

Is MBA Law Offices/Capio Legit, Fake, Or A Scam?

MBA Law Offices/Capio is a legitimate company. They are not a fake company or a scam. But, they may spam call, and harass you.

One of the best ways to combat this is to dispute and remove unvalidated debts.

Why Does MBA Law Offices/Capio Keep Calling Me?

MBA Law Offices/Capio 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 them removed.

Will MBA Law Offices/Capio Try Suing Or Garnishing My Wages?

It’s very unlikely that MBA Law Offices/Capio decides to sue. In rare cases, it may happen, but it is not the norm. State and federal laws have limits or ‘exemptions’ that apply to bank and wage garnishments. We strongly recommend giving us a call to determine the likelihood of a lawsuit, but also steps you can take to get this collection removed.

Does MBA Law Offices/Capio Accept A Goodwill Letter To Remove My Collection/Charge-Off?

MBA Law Offices/Capio does not accept goodwill letters to remove collection accounts or chargeoffs in our experience, and this is typical. Most collection agencies do not.

Who Does MBA Law Offices/Capio Collect For?

MBA Law Offices/Capio collects for a variety of lending companies (called creditors). These are constantly changing, and typically collection agencies, including MBA Law Offices/Capio, do not share publicly who they buy from.

What Are My Rights When Dealing With MBA Law Offices/Capio?

You have the right to dispute any debt of yours that MBA Law Offices/Capio is trying to collect. MBA Law Offices/Capio 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 you if you know how to use them.

What Is MBA Law Offices/Capio Phone Number?

You may also contact MBA Law Offices by phone at 1-866-945-8627 to speak with a representative.

Where Can I Find MBA Law Offices/Capio Login?

Logging it to MBA Law Offices/Capio may be a good idea.

However, we strongly recommend giving a Credit Repair company (like us), a call first. We’ll review why MBA Law Offices/Capio is on your report and see how we might be able to dispute (and potentially remove) them.

Remove MBA Law Offices/Capio From Your Report, Today!

In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It’s so much less stress, hassle, and time to let professionals identify the reasons for your score drop.

Pio debt, especially if it’s potentially inaccurate. Paying it off could hurt your score.

William James

I help consumers answer their nagging queries about products, services, and companies. We aim to provide in-depth, well-researched, and accurate information in easy-to-follow guides and articles. Learn more here.

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