LVNV Funding is an international and domestic collection agency. They buy debt and collect on it.

They will buy debt from other collection agencies, finance companies and banks. Then they outsource the actual collection effort to Resurgent Capital Services and a variety of other collection agencies.

Resurgent will try and collect payment on an account for LVNV Funding. However Resurgent also outsources some of their accounts to other collection agencies.

Accounts collected upon are often credit cards and other forms of unsecured debt. If LVNV is contacting you it is regarding a delinquent debt.

LVNV has the authority to create a negative mark on your credit report. They also have the authority to sell your debt to another collection agency if they are unable to recover payment.

So if you have had a credit card that was charged off, it could be multiple negative listings. You could have one negative mark from the credit card issuer, another negative mark from LVNV Funding and another negative mark if they sold your account to another collection agency.

This is why it is important to learn what is really shown on your credit report. You should know that just paying a bill from LVNV or any collection agency does not mean that they have to remove a negative mark from your credit report. So you can pay the bill and receive no benefit to your credit score.

Furthermore they will be unable to remove any other negative listing made regarding the account by another collection agency or lender. If the debt is valid and you do submit payment make sure to get in writing that LVNV will remove the negative mark on your credit report in exchange for your payment.

The best way to remove a mark from LVNV from your credit is to dispute the listing. This is done by sending a credit repair letter to the credit bureaus directly. In this letter you give the account details and explain why the account is invalid or inaccurate.

Then the credit bureaus will conduct an investigation into the mark. However you should expect some resistance from the credit bureaus because it only costs them money to investigate disputes. So you may have to send your letter a few times.

Or you can hire a professional credit repair firm to dispute the listing on your behalf. I suggest if you only have one or two negative listings try disputing them yourself. If you have more negative listings then you should consider hiring a professional credit repair firm.