Quick answer: LVNV Funding LLC is a debt buyer. It purchases unpaid consumer accounts, often old credit card debts, from original creditors and other buyers. It’s part of Sherman Financial Group, and its accounts are serviced by Resurgent Capital Services in Greenville, South Carolina, which handles collection and credit reporting. LVNV is a real company, not a scam, but before you pay you have the right to request validation and dispute anything inaccurate.
LVNV Funding at a Glance
| Detail | Information |
|---|---|
| What it is | Debt buyer (purchases charged-off consumer accounts) |
| Parent | Sherman Financial Group |
| Servicer | Resurgent Capital Services LP, Greenville, SC |
| Mailing address | LVNV Funding LLC, c/o Resurgent Capital Services, P.O. Box 10497, Greenville, SC 29603 |
| Phone | Resurgent: 1-888-665-0374; LVNV privacy line: 1-866-453-0039 |
| Websites | lvnvfunding.com; resurgent.com |
| Legit? | Yes, a real company, but it has many consumer complaints about accuracy |
Sources: LVNV Funding, The Kim Law Firm
Why LVNV Funding Is on Your Credit Report
If LVNV Funding appears on your credit report, it means LVNV bought a debt that’s linked to your name and is reporting it as a collection account. Common examples:
- An old credit card you stopped paying
- A personal loan or retail store card
- An account that has been sold more than once
You might not recognize the name because LVNV is not the original lender. Your report should list the original creditor. See Credit Karma’s guide and Credlocity’s explainer for more background.
Step 1: Get Your Credit Reports
Download free reports from all three bureaus at AnnualCreditReport.com. For the LVNV account, note:
- Original creditor and account number
- Balance
- Date of first delinquency, which controls how long the account can stay on your report
- Whether it appears the same way on Equifax, Experian and TransUnion
Step 2: Request Validation
Under federal debt collection rules, a collector must send you a validation notice in its first communication or within five days of first contacting you. The notice must include the creditor’s name, an itemization of the debt, and an end date for a 30-day period to dispute (CFPB).
If you dispute in writing within that window, the collector must pause collection of the disputed amount until it responds.
What to ask for:
- Proof that LVNV owns the debt (the chain of ownership)
- The original creditor and account number
- An itemized balance, including interest and fees
Send your request by certified mail and keep copies.
Step 3: Dispute Inaccurate Credit Reporting
Under the Fair Credit Reporting Act, you can dispute inaccurate information with each credit bureau, and they must investigate, usually within 30 days. Common errors with debt-buyer accounts:
| Error | Example |
|---|---|
| Not your debt | Mixed file or identity theft |
| Wrong balance | Fees or interest that don’t add up |
| Duplicate reporting | Same debt listed by the original creditor and LVNV as owing |
| Wrong dates | Delinquency date “re-aged” to look newer |
The FTC offers a sample dispute letter.
How Long Can LVNV Stay on Your Credit Report?
Collection accounts can generally be reported for seven years, measured from about 180 days after the original delinquency began. Selling the debt to LVNV doesn’t restart that clock. If the dates look reset, dispute them.
Should You Pay LVNV Funding?
It depends. Consider:
- Is the debt valid and yours? Verify first.
- Is it past your state’s statute of limitations for lawsuits? Old debts may be “time-barred.” In some states, a payment can restart the clock, so get advice before paying very old debt.
- Credit score impact: newer scoring models, such as FICO 9 and 10 and VantageScore 3.0 and 4.0, ignore paid collections, but many lenders still use older FICO models where a paid collection can still appear.
- Negotiate: debt buyers often accept less than the full balance. Get any settlement in writing before you pay, and don’t give open access to your bank account.
If LVNV Sues You
LVNV Funding files collection lawsuits in many states. If you’re served:
- Don’t ignore it. Missing the deadline usually leads to a default judgment.
- File a response (answer) by the court deadline.
- Ask LVNV to prove ownership and the amount.
- Talk to a consumer attorney. Many handle FDCPA cases and may be able to recover fees from the collector if laws were broken.
Your Rights and Where to Complain
Under the Fair Debt Collection Practices Act, collectors can’t harass you, lie about the debt, or threaten actions they can’t take. You can:
- Ask them to stop contacting you, in writing
- Submit a complaint to the CFPB
- Contact your state attorney general
FAQs
What is LVNV Funding LLC? A debt buyer that purchases unpaid consumer accounts. It’s part of Sherman Financial Group, and its accounts are serviced by Resurgent Capital Services.
Is LVNV Funding a scam? No, it’s a real company. Still, verify any debt before paying, and dispute errors.
Why is LVNV Funding on my credit report? It bought an unpaid account linked to your name and reports it as a collection.
How do I contact LVNV Funding? Through Resurgent Capital Services at 1-888-665-0374, or by mail to P.O. Box 10497, Greenville, SC 29603.
How long will LVNV stay on my credit report? Generally up to seven years from the original delinquency. The sale doesn’t restart the clock.
Will paying LVNV remove it from my credit report? Not automatically. Some newer scoring models ignore paid collections, but the account may still be listed. Get any agreement in writing.
Also read these articles:
- Midland Funding LLC: Debt Collection & Credit Reports
- Jefferson Capital Systems LLC: Debt Collection Guide
- Xactus LLC on Your Credit Report? What It Means & What to Do
This article is general information, not legal or financial advice, and is not affiliated with LVNV Funding or Resurgent. Checked on October 3, 2026.
