Midland Credit Management

Have You Been Contacted by Midland Credit Management Regarding an Outstanding Debt?

Midland Credit Management, also known as MCM, is a collection agency based in San Diego, CA. The company employs around 1,800 individuals. Founded in 1953 and incorporated in 2000, MCM is a third party collection agency that specializes in debt purchasing. Essentially, MCM buys delinquent accounts from a range of lenders, including: retail, credit card issuers, healthcare and dental providers and a range of banks, loan and financial services.

Although MCM is a legitimate debt collection agency, the company has received numerous complaints against it alleging efforts to collect unverified debts as well as inappropriate communications such as threats, providing misleading information and other violations of the Fair Debt Collections Practices Act or FDCPA.

Should you have been contacted by MCM, we advise you to seek the expert advice of a qualified debt attorney. At McCarthy Law PLC, our attorneys will help you navigate the validity of the claim against you. In the event your debt is valid, our team will stand with you to negotiate a fair settlement and defend you against creditor lawsuits.

What Consumers Are Saying: Midland Credit Management Reviews, Complaints and Lawsuits

MCM became an accredited business on the Better Business Bureau website in 2000. The company has a 1.04/5 star rating on the BBB with 100 reviews. Many of the reviews include allegations of harassment—one such review stipulates that MCM called “everyday, multiple times a day ‘in the attempt to collect a debt.’”—beration, threats and refusal to accept payments.

Additionally, the Better Business Bureau incluse  232 complaints that have been logged against Midland Credit Management over the past three years alone.

The company has faced two government actions in the last two years. On Nov. 27, 2018, Midland Credit Management entered into an Assurance of Voluntary Compliance/Assurance of Discontinuance with the State of Alaska, District of Columbia et al. This Assurance settled allegations that MCM used illegal tactics to collect unverified debts by failing to verify debt information and failing to correctly document the debts. MCM paid out $577,783 for debt relief and compensation to District of Columbia consumers, $25,000 to each state for restitution, and $6 million in penalty to the States.

On Sept. 8, 2020, the Consumer Financial Protection Bureau filed a Complaint for Permanent Injunction and Other Relief against MCM for various violations, including engaging in unfair acts and practises. This action is still pending.

How to Contact Midland Credit Management

Midland Credit Management’s head office is located in San Diego. If you need to get in touch with the company regarding a debt collection claim, they can be reached at:

Midland Credit Management
Address: 350 Camino De La Reina #100, San Diego, CA 92108, United States
Phone: 1-800-296-2657
Customer Rating: 4.2/5

What Should You Do if You’re Contacted by Midland Credit Management?

The first step if you receive a phone call from Midland Credit Management is to ask for your debt to be validated. All debt collection agencies must follow the same rules as laid out in  the Fair Debt Collection Practices Act (FDCPA)—including Midland Credit Management.

According to the FDCPA, a consumer can dispute a debt when a debt collection agency tries to collect. Additionally, you are entitled to written verification of your debt from the collection agency. This is called debt validation or debt verification. The written verification of your debt is called a debt verification letter. This letter will outline what the debt is, how much is owed and any other information you need to know.

The second step you should take when contacted by Midland Credit Management is to reach out to the expert debt settlement attorneys at McCarthy Law PLC. Our team has the qualifications, knowledge and skills to help you navigate what to do when the debt collectors at MCM reach out to you and to confirm if you actually owe anything. In the event that you do own a validated debt, we will stand by you to protect your interests.

At McCarthy Law, our debt attorneys will represent you tando negotiate reductions to your debt. We can also defend you against creditor lawsuits. Our company always offers a free consultation to discuss your options, timelines and strategy to get true relief and protect you from harassment by the debt creditors at MCM.

We invite you to contact McCarthy Law PLC today at 855-976-5777 or reach out to us online to learn more about your rights, stop creditors from harassing you and to begin the debt settlement process.