What is LVNV Funding LLC? Why is it on My Credit Report?

If you’ve diligently paid down your debts, you probably don’t have to worry about debt collectors. If you miss a payment, however, you might get an alarming notice that you owe money to a company you don’t recognize. Don’t panic. Your creditor has likely sold your account to someone else, for example, LVNV Funding, LLC.

LVNV Funding buys charged-off accounts from lenders like credit card companies and personal loan issuers.

What You Need to Know About LVNV Funding

LVNV is a debt buyer. The company buys your charged-off debt from your original lender. They hire a debt collection agency (Resurgent Capital Services) to collect the debt. Though LVNV is listed on your credit report, Resurgent employs the people calling you, sending you mail, etc.

Pro tip: Charged-off debts are among the worst things to happen to your credit score. Charge-offs are posted when a creditor has given up hope that you will pay off the debt and instead has closed your account. However, you are still responsible for repaying the debt. Companies like LVNV Funding purchase these debts, then outsource the collection of these debts to recoup some of the money.

Sometimes it’s credit card debt, sometimes student loan debt, or it can be any other creditor you may owe. Therefore, even though your original account may have been with Discover or Capital One, it will now be listed as LVNV Funding, LLC on your credit report, and they’re the ones calling you and sending you bills demanding payment on your balance. It’s not a scam.

READ MORE: What is a charge-off?

Pro tip: What does LVNV mean? Though there’s no official meaning behind the acronym, the debt collection agency is based in Las Vegas, Nevada.

Why is LVNV Funding LLC on my Credit Report?

They are on your account because they now own your debt. This is frustrating because your original creditor is still listed on your credit report. However, your original creditor lists your amount due as $0 with a notation that your account has been “charged off.”

Unfortunately, this leads to anger and confusion when borrowers get a collection notice from a lender they don’t recognize or see a strange loan on their credit report. It leads to plenty of negative reviews through the Better Business Bureau, including this one:

LVNV Funding LLC seems like a scam, I have no idea about what they are referring to a collection through my banking institution. My banking institution have not alerted me of such a collection or withdrawing of money. Be careful and do not provide any of the information that they are requesting without consulting with your banking institution.

It gets even more confusing. LVNV contracts with another company, Resurgent Capital Services, and often, Resurgent is responsible for collecting the debt.

Resurgent also has more than its fair share of BBB complaints. Here’s an example:

In April, Resurgent Capital Services/LVNV sent me a letter about a credit claim for a purchase from ***. I immediately wrote back stating I DID NOT make this purchase and have NEVER purchased anything from ***. A few days later, a second Resurgent letter indicated a person with the same name as me purchased an Apple Watch in CALIFORNIA in 2015. I do not live in California and NEVER have. The address for the California purchaser is clearly identified in Resurgent’s documentation and I don’t know anyone in that city. This is CLEARLY not a charge I made or owe. The third letter stated that I need to submit a police report, notarized identity theft affidavit, letter from the creditor or court document showing the person was prosecuted. There are no such documents. Resurgent is clearly phishing for someone to pay this bill that is not mine. They only could’ve gotten my name/address from Google or similar. I have contacted my attorney. There are many legal cases vs. Resurgent/LVNV online.

How Does LVNV Funding LLC Work?

From their website: “You still owe your debt, but the new owner is LVNV Funding. LVNV Funding outsources the management of its portfolio of accounts to a company called Resurgent Capital Services.”

Resurgent Capital Services is a licensed third-party debt collector based in Greenville, S.C., specializing in managing these consumer assets. Resurgent says, “Financial peace of mind is just a few clicks away.” But getting a debt collection letter from an unfamiliar company isn’t reassuring. Resurgent may contact you directly or ask one of their collection agency partners to help them reach out to you.

READ MORE: Will this 11-word phrase stop debt collectors from calling?

How To Remove LVNV Funding From Your Credit Reports

First, you must ensure that the debt LVNV Funding claims you owe you is legitimate. The best way to do this is to send a written notice to the company stating that you:

  1. Challenge the debt
  2. Demand proof that LVNV Funding has the legal standing to demand payment from you

Both LVNV Funding and Resurgent have the same contact information. You can reach them at:

Mailing address:

55 Beattie Pl Ste. 110

Greenville, SC 29601-5115

Phone number: (864) 248-8700

Before doing this, research your rights from the Federal Trade Commission’s Fair Debt Collection Practices Act (FDCPA). This site will also provide tips on how to notify the company of your dispute, etc. The FTC also has a great debt validation letter template for disputing information with the creditor. 

READ MORE: Credit score in the dumps? Here are the best credit repair companies to work with.

If the Debt is Legitimate

A few options are available to you if it turns out that the debt LVNV is trying to collect is legit.

Pay it Off

This is the best, simplest, and most straightforward. If you can afford to pay the debt in full, do so. If you can’t, ask the company to help you assemble a payment plan you can afford. 

Pay for Delete

Pay for delete is an agreement you make with your debtor that states if you pay X dollars, LVNV Funding will delete the account from your credit reports.

The credit bureaus frown upon this practice because it makes their promise of accuracy questionable. And new scoring algorithms, like VantageScore 3.0 and FICO 9, make the pay-for-delete option almost obsolete.

Credit Counseling

Credit counseling is when you work with an agency or a nonprofit group to negotiate down or even settle your debts and manage your payments for you. They do this by allowing you to make a single payment to their agency which they, in turn, distribute to your creditors and lenders. Many will offer a free consultation.

READ MORE: Debt settlement vs. debt management

Debt Settlement

Debt settlement requires making an offer to the creditor for a fixed amount of money to consider the debt repaid. Once a deal is reached, a lump-sum payment is made. This course of action can seriously damage your credit score and damage your credit report. And, of course, thoroughly research any company offering to help with debt settlements. Not all these companies are on the up and up!

READ MORE: Best debt settlement companies

If the Debt isn’t Legitimate

If you find that the debt is not actually yours or you no longer owe it, you’ll need to dispute it. You will have to do this with each credit reporting bureau individually. Each of the three bureaus will have specific instructions for disputing the debts listed on your report. Make sure you follow them! 

Pro tip: It’s essential to regularly monitor your credit reports for inaccurate information.


Instructions for disputing information

Online dispute portal

How to dispute by mail

Mailing Address:

P.O. Box 4500

Allen, Texas 75013

Phone number: 866-200-6020


How disputes work with Equifax

Start your dispute with Equifax online

Dispute by mail form

Mailing Address:

P.O. Box 740241

Atlanta, Ga. 30374

Phone number: 866-349-5191


Transunion dispute information

Transunion dispute information

Dispute online portal

Dispute by mail

Mailing Address:

Transunion Customer Solutions

P.O. Box 2000
Chester, Pa. 19016-2000

Phone number: (833)-395-6941

How to Beat LVNV Funding LLC in Court

Disclosure: This section is not to be confused with legal advice. If you feel that you need an attorney, please contact one. This section is for informative purposes only.

If, for some reason, you must face LVNV Funding in court, make sure you follow these tips:

Consult an Attorney

If you’re afraid you won’t be able to afford an attorney’s fee, don’t panic! Many law firms offer a free consultation. If you don’t know how to get started, your state’s Bar Association can hook you up with an attorney who can take a quick look at your case and give you some advice for a minimal fee. You can also check out Legal Aid and any county-run legal clinics in your area. Make sure to ask about your state’s statute of limitations.

Get a Copy of Your Credit Report

Make sure you have an up-to-date copy of your credit report and have it on hand when you go to court. 

Force Them to Prove Their Case

Remember: The debt collector must be able to provide the court with documentation proving that they own your debt. If they can’t provide that documentation (or you can prove their documentation is fake), you can request that the judge rule the case in your favor or toss it out.

Pro tip: Do not try to contact LVNV Funding (or Resurgent) yourself if you get a court notice. While it will be tempting to try to make the problem go away, it could make things worse. Talk to an attorney, and ensure you appear on your designated court date.

Check Your Credit Reports

Here’s the good news: You’re entitled to know what’s in your credit report or why you were denied credit, thanks to the Fair Credit Reporting Act (FCRA.)

Each of the credit bureaus allows you to check your credit report for free once a year. You can do these checks via annualcreditreport.com. 

You can also monitor your credit via apps and sites like Credit Karma. 

Your bank will likely also have a tool you can use to keep track of your credit.

At a minimum, you should be checking your credit once per year for your informational purposes and flagging any information you don’t recognize or know is false.

READ MORE: How to check your credit reports

Pro tip: Make sure to keep an eye out for signs of negative items, identity theft or any other suspicious activity and report anything you find on your report to the FTC, CFPB and your state attorney general’s office.

READ MORE: How to build credit

The Bottom Line

Many people are confused when they see LVNV Funding on their credit reports. But it could very well be a legitimate debt that you still owe. If you notice anything unfamiliar, contact that creditor and request a debt validation letter. Once you’ve confirmed whether the debt is legitimate, there are steps you can take to protect yourself and address the problem.


Can LVNV Funding Garnish My Wages?

Not directly, wage garnishment cannot happen without a court order giving the company explicit permission to do so. However, if LVNV Funding takes you to court and you fail to appear, a judge could order wage garnishment.

How Can I Email LVNV Funding? 

Conveniently, LVNV Funding hires a company called Resurgent to do all its collections work for them and the only contact information available is for this company, which you can find here.

How Do I Sue LVNV Funding for Harassment?

Do not try to do this on your own. Hire an attorney to help you and follow the advice they give you.

Who Does LVNV Funding LLC Collect For?

Technically, it is Resurgent that does the collecting. LVNV Funding LLC, however, will probably buy debt from anybody willing to sell accounts to them. 

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