Credit Management Corporation and their affiliates, want to intimidate YOU into paying a bill that you may not owe.
They have a history of Fair Debt Collection Practice Act Violations!
Credit Management Corporation will likely use every trick in the book to get your hard earned money out. They call, letter and SUE hard working Americans like yourself. How can Credit Unions and Finance companies sell their accounts to a company like this without proper vetting?
As the interest racks up the debt gets worse and worse. There is no end in sight. And yet, collecting on behalf of Credit Unions, Automotive Finance companies among other creditors is Credit Management Corporation's forte.
You want to pay your debts. But sometimes, debt collectors do not comprehend how emotionally and physically exhausting it can be to get back on the right track. You have more than one company to pay a month. Rent, food, doctor's bills, car payments just to name a few.
It helps if you know how to protect yourself from debt collectors. The information discussed here can help you handle a lawsuit, stop phone calls, and ensure that Credit Management Corporation doesn't take advantage of you.
Fight off Credit Management Corporation's debt collectors!
CMC says that its staff is professional, but many consumers disagree. They give CMC an average of 1.0 out of 5 Stars from the Better Business Bureau (BBB). 1.0 out of 5.0 Stars from Google.
As of 2022, the BBB has received many complaints against Credit Management Corporation.
Consumers complain that Credit Management Corporation is unprofessional and intimidating when they call. They are also known for reporting incorrect debts to the credit reporting bureaus and failing to validate debts upon request. Below is an example of a real complaint against Credit Management Corporation from its BBB profile:
“Watch out for this company.....they have no scruples and do not care if they break the law!!!! The went ahead and remove almost $3,000 plus Marshall fees from my savings account to satisfy a debt that was OFF MY CREDIT REPORT!!! They give no notice that they are doing this, give no name of which creditor they are working for, and DO NOT CARE THAT THEY ARE BREAKING THE LAW!!! That money was CHILD SUPPORT money AND CANNOT LEGALLY BE TOUCHED BY CREDITORS OR ANYONE!!!! So, I am going after them and my bank (******** Bank), which I believe is originally responsible.”
I was taken to court, apparently... Then I lost the case, I wasn't there.. I did't know there was a case!!!
After some reseach I found a website with many people having the same problem. Stop credit management corop!. Then my boss told me that my wages were being garnished. People at work are talking about me and my financial situation. # so embarrasing
After some reseach I found a website with many people having the same problem. Stop credit management corp!
If this debt is real I don't mind payin but they dont let me get my money back. I have so many bills and no where to turn to.
If anyone can help me please do.
As a single mother of two from Bridgeport, Connecticut, I’ve never felt more violated than dealing with Credit Management Corporation CT. My credit union debt, from a few late payments during a rough patch, was sold to this deplorable company, and they turned my life upside down. Under the so-called “oversight” of Chief Compliance Officer, they showed no mercy or professionalism.
Instead of offering reasonable solutions, they aggressively drained my bank account, leaving me with nothing to feed my kids or pay bills. Next, my car was repossessed, stranding us because I couldn’t keep up with their relentless demands. Their website, is a joke—zero help. It’s like they thrive on ignoring people.
Credit Management Corporation preys on struggling families like mine, using predatory tactics without a shred of empathy. They’re a disgrace to debt collection. Stay far away from these heartless vultures.
Credit Management Corporation (CMC) is a National debt collection agency. It has been active since 1997, collecting in the following industries: credit unions, banks, credit card companies, commercial and financial services.
CMC has offices in Westbrook, Connecticut at the following addresses:
Credit Management Corporation
1551 Boston Post Road
Westbrook, CT 06498
Website: https://www.creditmanagementcorporation.com/
Telephone: 203-318-3518
Chief Compliance Officer: Tyler Peska
Chief Compliance Officer's RMA International Certification Number: P1703-1240
Chief Compliance Officer's mailing address: PO Box 703, Westbrook, CT 06498
NMLS ID #: 1401061
Although CMC collects mainly for the debts they own, public records show they collect on behalf of other companies as well. So if you have debts resulting from court fees, utility bills and credit cards, the accounts can end up in CMC's hands.
Credit Union Credit Cards
Credit Union Auto Loans
Auto Loans
Retail Credit Cards
Rent-to-own Leases
Retail installment contracts
Utility bills, etc.
Although legitimate, consumers have many complaints against CMC.
Harassing or speaking down to consumers
Asking for personal information
Refusing to identify themselves as debt collectors
Calling multiple times per day for one debt
Contacting family members or friends about your debt
Refusing to validate the debt
Instead, any debt collector must:
State their name and that of the company they represent (including license numbers)
Correctly identify you as the owner of the debt
Disclose that they are debt collectors
You should never give your personal information, such as your social security number, to anyone claiming to be a debt collector. Otherwise, you may open yourself up to identity theft.
Whether it's just the phone calls or CMC has taken you to court, here's everything you need to know to help you win.
Stopping debt collectors' calls can be simpler than you imagine.
Ask for written communication: Asking for written communication is beneficial in more ways than one. Aside from keeping solid evidence of correspondence, CMC should stop contacting you via phone calls as soon as they receive your request.
Send CMC a “Cease and Desist”: Although a Cease and Desist does not take away the debt, it stops the debt collector from contacting you to collect on the account. They can only reach you to tell you what action they plan to take.
Example: John is contacted by CMC for an outstanding debt. He asks that they stop contacting him via phone because it is disruptive to his home life. He follows that verbal request with a written one sent to CMC. The calls continue. John then crafts a Cease and Desist letter citing his rights under the FDCPA. He demands that all further contact from CMC take place in writing. The phone calls stop, and John is able to send a Debt Validation Letter. When CMC responds to validate the debt, John discovers that the debt does not belong to him and informs CMC resolving the issue and ending all contact with the debt collector.
Mistakes are common in the debt collection industry. When CMC first contacts you, it’s best to request that they validate every debt they claim you owe. Validation includes providing the documents you signed on the account, its history, all interests applied, and an accurate balance.
CMC should verify all debts in writing within five days of contact. If they don’t have the proper documents to prove the debt is valid, they must cease collection efforts.
You should send a Debt Validation Letter within 30 days. Keep proof of CMC's receipt of the letter by using certified mail.
The most stressful part of handling debt collectors is when they take you to court. But you do not have to go through it alone. Here is an easy step-by-step guide on how to win your debt collection lawsuit.
If Credit Management Corporation is suing you for debt, the lawsuit begins when you receive the court documents known as the Summons and Complaint (also known as the Petition in some states). The Summons notifies you of the lawsuit, while the Complaint lists the specific claims CMC is making against you.
Winning a debt collection lawsuit starts way before the hearing dates are set. You must first respond to the charges by filing your Answer with the court and sending a copy to the debt collector's attorney. Here are the steps:
Respond to the claims from the Complaint document: You should reply to each claim. State if you agree with the plaintiff's charge, if you deny or whether you deny it because you do not understand the claim. Indicate either of the three responses on each numbered point in the Complaint.
Assert your defenses: Your affirmative defenses are not why CMC should forgive you, but rather, why you are not guilty. For instance, you can argue that CMC cannot sue you because the debt is past the statute of limitations of your state. Other reasons include the debt not belonging to you, CMC violating your consumer rights, and an inaccurate debt amount.
File the Answer in court: Time is of the essence. You may have 14 days before it is too late to file. Some states allow up to 35 days; check your state’s requirements and abide by its timeline. If you are late, the judge may issue a judgment, and you will automatically lose the lawsuit. Send a copy to the court and CMC’s attorney, and keep a copy in your records.