If you’re like most people, you probably don’t enjoy getting debt collection phone calls from Transworld Systems. Unfortunately, if you owe money to a creditor, they may turn to a debt collector to get the money back.
Transworld Systems is one of the largest debt collection agencies in the United States, and they can be very aggressive when trying to get debtors to pay up delinquent debts.
In this article, we will explain the options that you have to stop collection calls from Transworld Systems and remove them from your credit report.
Is Transworld Systems Inc. Legitimate?
Is Transworld Systems a legal debt collection agency? Transworld Systems Inc. is a debt collection agency that has been in business for over 40 years. The company is headquartered in is located at 500 Virginia Dr Ste 514 Fort Washington, PA, 19034-2733 and has offices in several states across the country.
Transworld Systems Inc. is a legitimate debt collection company. They are a member of the Better Business Bureau and are accredited by the Association of Credit and Collection Professionals. Transworld Systems Inc. is a legitimate debt collection agency that follows all applicable laws and regulations applied by The Fair Debt Collection Practices Act.
What is Transworld Systems on my credit report?
TransWorld Systems is among the most important credit card collections companies.
If you have a debt owed, they can call and mail to collect the debt. The firm uses skip-tracing to find out the location of debtors whose homes are being vacated or who don’t answer their emails and texts.
Transworld System Collection overall lacks a positive review in consumer opinion for its fact-checking ability, and it does, however, lack quality service.
Who does Transworld Systems collect for?
Transworld Systems collects for original creditors, including credit card companies, banks, and other lenders.
Is Transworld Systems a scam?
Transworld System is the legal entity. However, some people have complained about Transworld Systems’ business practices.
If you’re being harassed by Transworld Systems, know that you have options. The Fair Debt Collection Practices Act (FDCPA) protects consumers from debt collectors who use abusive, unfair, or deceptive practices to collect a debt.
Under the Fair Debt Collection Practices Act, debt collectors are limited in what they can say and do.
Here are some examples of what Transworld Systems collectors may not do:
- Call before eight o’clock in the morning or after nine o’clock at night.
- Call you at work if they’re told (or should know) that your employer doesn’t allow such calls.
- Use profanity or threaten violence when they talk to you.
- Lie about who they are, and what they’re collecting for.
Will Transworld Systems try to sue or garnish my wages?
Transworld systems can garnish your wages if they have a court order. The court order will state the amount of money that transworld systems can take from your paycheck.
Transworld systems may also take money from your bank account if you have one, or they may put a lien on your property.
Transworld Systems is a debt collection agency, and they are regulated by the Fair Debt Collection Practices Act. This act prohibits transworld systems from engaging in unfair or deceptive practices when collecting a debt.
If you believe that transworld systems have violated the act, you can file a complaint with the Consumer Financial Protection Bureau.
How do I get Transworld off my credit report?
There are a few ways to remove Transworld Systems from your credit report.
Send a debt validation letter to Transworld
If you believe that you have been the victim of predatory collection practices, you can file a dispute by sending a debt validation letter to Transworld Systems. Transworld Systems is a debt collection company that is responsible for maintaining accurate records of your financial history.
Provided by the Fair Debt Collection Practices Act, you have the right to demand debt validation from a collection agency. Debt validation will require that they provide appropriate documents that state the debt is indeed yours.
You can check out our sample debt validation letter to get an idea of how to write this letter
File a dispute with the three credit bureaus
If you believe that there is inaccurate information in your credit report, you can file a dispute with the three credit bureaus, Experian, Equifax, and Transunion.
In order to file a dispute, you will need to provide documentation that supports your claim. Once the credit bureaus have received your dispute, credit bureaus have 30 days to investigate the dispute.
They will investigate the matter and determine whether or not the information in question is accurate.
Contact Transworld Systems Customer Service
Transworld Systems Contact Information You can use the following contact information for communicating with Transworld.
Phone Number: (877) 865-7686
Mailing Address: Transworld Systems, Inc. PO Box 15630 Wilmington, DE, 19850
If they find that the information is inaccurate, they will remove it from your credit report. Filing a dispute with Transworld Systems can be an effective way to improve your credit score and protect your rights as a consumer.
Get a copy of your credit report and review it for inaccuracies
If you’re like most people, you probably don’t give much thought to your credit report. However, your credit report can have a major impact on your financial life. That’s why it’s important to get a copy of your credit report and review it for inaccuracies.
TransUnion, Experian, and Equifax are the three major credit reporting agencies in the United States. You’re entitled to one free credit report from each agency every year. You can request your free credit reports online at AnnualCreditReport.com.
Once you have your credit reports, take some time to review them carefully. Look for any errors or inaccuracies that could hurt your credit score. If you find anything that doesn’t look right, contact the credit reporting agency and ask them to fix the error.
That said, it’s important to make sure you remove any negative entries added by Transworld Systems, such as collection accounts or charge-offs.
Reviewing your credit report on a regular basis is a good way to catch errors early and keep your credit score high.
Contact a credit repair company
Credit repair companies specialize in helping people improve their credit scores by removing negative information from their credit reports.
This can include errors, late payments, and other items that may be dragging down your score. While you can dispute items on your credit report yourself, credit repair companies have the knowledge and experience to get results.
In addition, credit repair companies can help you work with creditors to come up with a plan to repay any outstanding debts. As a result, working with a reputable company can be a great way to improve your credit score.