Midland Funding On Your Credit Report?


Midland Funding credit report errors occur when Midland reports inaccurate information on consumers. The Fair Credit Reporting Act (FCRA) gives you the right to remove Midland Funding from your credit report when Midland reports false, inaccurate, or out-dated information about you. To do so, you must file a credit report dispute letter.

If you need help disputing Midland Funding credit report errors, or if you believe Midland is violating the law, call BCJ Law for help. Contact our credit report attorney by calling 1-800-997-5561 or completing our contact form.

Why is Midland Funding on my credit report?

Midland Funding is a “debt buyer.” That means it buys old “charged-off” consumer debt, then tries to collect on that debt for profit. If Midland purchased your debt, then it may appear on your credit report. Midland usually appears on your credit report when:

  • Midland bought your debt: As stated above, Midland buys consumer debt. Once it owns your debt, it likely will report your debt to credit reporting agencies.
  • Midland is trying to collect a debt from you: Midland attempts to collect on the debt it purchases. It usually reports old debt to credit reporting agencies to aid in its debt collection activities.
  • Midland got a judgment against you: Midland Funding sues thousands of people each year. It obtains judgments against many of them. It can report information on you if it obtained a judgment against you.

What are common Midland Funding credit report errors?

Although Midland Funding may accurately appear on your credit report, it also may appear on your credit report in error. Common credit report errors include the following:

  • You don't owe the debt: If you don't recognize a debt on your credit report, that debt may be reported in error.
  • Your debt is old: Most accounts can't be reported on your credit report after seven to eight years.
  • Discharged debt is reported improperly: When a debt is discharged through bankruptcy, settlement, or litigation, the account status must be updated, or the account must be removed entirely.
  • Debt is reported more than once: Debt buyers can't report a single account as multiple accounts.
  • Inaccurate information is reported after a dispute: Debt buyers can't re-report information about an account that was previously found to be inaccurate.

Can I remove Midland Funding from my credit report?

Credit report attorneys offer free consultations and most times can help you correct credit report errors for free.

Call BCJ Law LLC for Help!

The Fair Credit Reporting Act (FCRA) gives you the right to dispute credit report errors. As long as you comply with the FCRA, Midland Funding must investigate your credit report dispute. It then must correct or remove any errors it finds.

You must follow the proper procedures when disputing credit report errors. For example, your dispute letter must identify and explain the error at issue and must be sent directly to a credit report agency. Visit our page on disputing credit report errors for general information on the credit report dispute process. If you need a copy of your credit report, read our page on how to get your credit report for freeIf you need help, complete our contact form, or call us at 1-800-997-5561.

What if I don't recognize an account on my credit report?

If your credit report shows a Midland Funding account you don’t recognize, there are two likely explanations. First, Midland or a credit reporting agency may be confusing you with someone else. This is called a “mixed file” error. These types of credit report errors often are mistaken for identity theft. Second, you may be a victim of identity theft. For information on removing information that is not yours from your credit report, read our pages on fixing mixed credit files and correcting identity theft credit report errors.

How long can Midland Funding stay on my credit report?

Generally, adverse account information must be removed from your credit report after seven years. There are exceptions for credit cards, which can stay on your account for 7-8 years depending on the circumstances. Read our page on removing old information from your credit report to learn more.

Can Midland Funding use my credit report?

Midland Funding can use your credit report for permissible purposes only, like advertising credit or evaluating a credit application. If Midland uses your credit report for an impermissible purpose, it may be violating the FCRA. Learn more about who can use your credit report and for what purpose on our improper use of credit report page.

Hire BCJ Law to Help!

If Midland Funding is reporting inaccurate information about you, refused to investigate your dispute, failed to correct an error, or used your credit report for an improper purpose, contact BCJ Law LLC. To get a free case review, call 1-800-997-5561 or complete our contact form.

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