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Wednesday, November 26, 2008

Remove Cavalry Portfolio Services From Your Credit Report

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.

The bureaus will contact the creator of the mark and ask them to verify the account. They will then check the dates and amount 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 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.

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.

Cavalry provides Todd Tipton his email is ttipton@cavps.com and can be reached at 918.665.5686 by phone. They say they try to work with customers to find a plan that both parties can agree on.

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.

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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