LVNV Funding is a debt collection agency based in Las Vegas that buys debt from creditors all over the country. So when you see LVNV Funding on your credit report, it usually means you have a collections account with them. This happens after the company purchases your debt from your original lender or another debt collector.
Getting to know your debt collection rights. This will give you a sense of what LVNV Funding can and cannot do while trying to get you to pay.
Requesting written proof that you owe the amount in question. If the debt collector doesn’t have the proper documentation, its claim might not be valid.
If you believe LVNV Funding is listed on your credit report(s) by mistake, you should definitely review your reports for accounts that you don’t recognize, which could be the source of the debt the agency is attempting to collect on. You’ll also want to dispute any errors that you find. More tips can be found in our article on what to do after identity theft.
LVNV Funding buys old debts. So it can be something you haven't paid to any bank or financial company in the past. Before you do anything to deal with it, make sure you know your rights, so that they don't do anything unethical.
It's a collection agency, so most likely one of your lenders sold your debt to them.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.