Table of Contents
- What Is LVNV Funding LLC?
- Who Does LVNV Funding LLC Collect For?
- LVNV Funding LLC Phone Number & Address
- LVNV Funding LLC Reviews — What People Are Saying
- LVNV Funding LLC & Credit One Bank
- LVNV Funding LLC vs Resurgent Capital Services
- What To Do If LVNV Funding LLC Is Suing You
- LVNV Funding LLC Lawsuit — Your Legal Rights
- How To Remove LVNV Funding LLC From Your Credit Report
- FAQs About LVNV Funding LLC
1. What Is LVNV Funding LLC?
LVNV Funding LLC is a debt buyer and collection agency based in Greenville, South Carolina. The company specializes in purchasing charged-off consumer debts — meaning debts that original creditors (like banks or credit card companies) have already written off as uncollectible.
Once LVNV Funding LLC purchases these debts, they become the legal owner of the debt and have the right to collect the full amount from the original borrower — that’s potentially you.
Key Facts About LVNV Funding LLC:
| Detail | Information |
|---|---|
| Founded | 1998 |
| Headquarters | Greenville, South Carolina |
| Type | Debt Buyer / Collection Agency |
| Parent Company | Resurgent Capital Services |
| BBB Rating | Mixed Reviews |
| Industry | Debt Collection |
LVNV Funding LLC does not typically contact consumers directly. Instead, they work through their servicer — Resurgent Capital Services — who handles all communication, payments, and account management on their behalf.
2. Who Does LVNV Funding LLC Collect For?
One of the most common questions people ask is: “Who does LVNV Funding LLC collect for?”
LVNV Funding LLC buys debt portfolios from a wide range of original creditors, including:
- Banks (Capital One, Citibank, Wells Fargo, etc.)
- Credit Card Companies (Credit One Bank, Discover, etc.)
- Retail Store Cards
- Telecom Companies
- Medical Debt Providers
- Personal Loan Companies
Important: Just because LVNV Funding LLC is contacting you does not automatically mean you owe the debt. Always verify the debt first before making any payment.
3. LVNV Funding LLC Phone Number & Address
If you need to contact LVNV Funding LLC directly, here is their official contact information:
Customer Service Hours:
- Monday – Thursday: 8 AM – 9 PM EST
- Friday: 8 AM – 5 PM EST
- Saturday: 8 AM – NOON EST
💡 Pro Tip: If you are disputing a debt, always communicate in writing via certified mail — not over the phone. This creates a paper trail that protects your legal rights.
4. LVNV Funding LLC Reviews — What People Are Saying
LVNV Funding LLC has mixed reviews across major consumer platforms. Here’s a breakdown:
Review Summary:
| Platform | Rating | Common Complaints |
|---|---|---|
| BBB (Better Business Bureau) | 1.5/5 | Harassment, wrong person contacted |
| Google Reviews | 2.1/5 | Difficulty resolving disputes |
| Trustpilot | 1.8/5 | Credit report errors |
| Consumer Financial Protection Bureau (CFPB) | Many Complaints | Validation issues |
Most Common Complaints Include:
- Attempting to collect debts past the statute of limitations
- Reporting incorrect information on credit reports
- Contacting wrong individuals for debts
- Aggressive collection tactics
- Difficulty getting debt validation letters
Positive Reviews Mention:
- Some consumers successfully negotiated settlements
- Accounts removed from credit reports after dispute
- Payment plans arranged successfully
5. LVNV Funding LLC & Credit One Bank
Many consumers searching “LVNV Funding LLC Credit One Bank” are confused about the relationship between these two companies.
Here’s the simple explanation:
Credit One Bank is one of the original creditors that LVNV Funding LLC purchases debt from. So if you had a Credit One Bank credit card that went into default or was charged off, there’s a good chance LVNV Funding LLC may have purchased that debt.
What This Means For You:
- Your original creditor was Credit One Bank
- LVNV Funding LLC bought the debt from Credit One Bank
- You now legally owe the debt to LVNV Funding LLC
- Resurgent Capital Services will contact you on behalf of LVNV
6. LVNV Funding LLC vs Resurgent Capital Services — What’s The Difference?
Many people are confused about the relationship between LVNV Funding LLC and Resurgent Capital Services. Here’s a clear breakdown:
| LVNV Funding LLC | Resurgent Capital Services | |
|---|---|---|
| Role | Debt Owner/Buyer | Debt Servicer/Manager |
| What They Do | Purchases debt portfolios | Manages & collects debts |
| Contact Consumers? | Rarely directly | Yes — primary contact |
| Headquarters | Greenville, SC | Greenville, SC |
| Relationship | Parent entity | Servicer for LVNV |
Simply Put: LVNV Funding LLC owns the debt. Resurgent Capital Services collects it. They work together as part of the same company group.
7. What To Do If LVNV Funding LLC Is Suing You
If you’ve received a lawsuit notice from LVNV Funding LLC, here are the immediate steps you should take:
Step-by-Step Action Plan:
Step 1: Don’t Ignore The Lawsuit
Ignoring a lawsuit will result in a default judgment against you — giving LVNV Funding LLC the legal right to garnish your wages or bank account.
Step 2: Respond Before The Deadline
You typically have 20-30 days to respond to a lawsuit depending on your state. Missing this deadline is critical.
Step 3: Verify The Debt
Request full debt validation including:
- Original creditor name
- Original account number
- Full payment history
- Proof they own the debt
Step 4: Check The Statute of Limitations
Every state has a statute of limitations on debt collection. If the debt is too old, they may not have the legal right to sue you.
Statute of Limitations by Common States:
| State | Credit Card Debt SOL |
|---|---|
| Texas | 4 Years |
| California | 4 Years |
| New York | 3 Years |
| Florida | 5 Years |
| Illinois | 5 Years |
Step 5: Consult a Consumer Rights Attorney
8. LVNV Funding LLC Lawsuit — Know Your Legal Rights
Under the Fair Debt Collection Practices Act (FDCPA), debt collectors like LVNV Funding LLC cannot:
- Call you before 8 AM or after 9 PM
- Use threatening or abusive language
- Threaten legal action they don’t intend to take
- Contact you at work if you’ve asked them not to
- Discuss your debt with third parties
- Attempt to collect a time-barred debt without disclosure
If They Violate Your Rights, You Can:
- ✅ File a complaint with the CFPB (ConsumerFinance.gov)
- ✅ File a complaint with the FTC (FTC.gov)
- ✅ File a complaint with your State Attorney General
- ✅ Sue LVNV Funding LLC in federal or state court
9. How To Remove LVNV Funding LLC From Your Credit Report
Seeing LVNV Funding LLC on your credit report can seriously damage your credit score. Here’s how to deal with it:
Option 1: Dispute The Account (If Inaccurate)
text✉️ Send a written dispute to all 3 credit bureaus:
• Equifax: P.O. Box 7404256, Atlanta, GA 30374
• Experian: P.O. Box 4500, Allen, TX 75013
• TransUnion: P.O. Box 2000, Chester, PA 19016
Option 2: Request Debt Validation
- Send a debt validation letter within 30 days of first contact
- LVNV Funding LLC must stop collection until they validate
Option 3: Negotiate Pay-For-Delete
- Offer to pay the debt in exchange for complete removal from credit report
- Get the agreement in writing before paying
Option 4: Wait For Natural Expiration
- Negative items stay on your credit report for 7 years
- After 7 years, it must be automatically removed
Option 5: Hire a Credit Repair Company
- Professional credit repair services can help dispute and remove LVNV Funding LLC entries
10. Frequently Asked Questions (FAQs)
What is LVNV Funding LLC?
LVNV Funding LLC is a debt buying company headquartered in Greenville, South Carolina. They purchase charged-off consumer debts from original creditors and attempt to collect payment from consumers.
Why is LVNV Funding LLC calling me?
LVNV Funding LLC (through Resurgent Capital Services) is calling you because they purchased a debt that was originally owed to another company, such as a bank or credit card company, and they are now attempting to collect that debt from you.
Is LVNV Funding LLC legitimate?
Yes, LVNV Funding LLC is a legitimate company. However, like many debt collectors, they have faced numerous consumer complaints and lawsuits for alleged violations of the FDCPA.
Can LVNV Funding LLC sue me?
Yes, LVNV Funding LLC can and does file lawsuits against consumers, particularly in Texas and other states. However, they must do so within the statute of limitations period for debt in your state.
How do I stop LVNV Funding LLC from contacting me?
Send a cease and desist letter via certified mail. Under the FDCPA, they must stop contacting you after receiving this letter (though it doesn’t eliminate the debt).
What is the relationship between LVNV Funding LLC and Resurgent Capital Services?
Resurgent Capital Services is the servicer that manages and collects debts on behalf of LVNV Funding LLC. They are part of the same corporate family and operate from the same location in Greenville, South Carolina.
Can I negotiate a settlement with LVNV Funding LLC?
Yes! LVNV Funding LLC typically purchases debts for pennies on the dollar, so they often have room to negotiate. Many consumers have successfully settled debts for 40-60% of the original balance.
Final Thoughts
Dealing with LVNV Funding LLC can be stressful, but you have legal rights and options. Whether they’re calling you, appearing on your credit report, or even suing you — the most important thing is to:
- Verify the debt before paying anything
- Know your rights under the FDCPA
- Respond to any lawsuits immediately
- Consult a consumer attorney if needed
- Dispute any inaccurate information on your credit report
