Creditors who are unsuccessful at collecting money owed to them often sell the debt. The creditor receives only a small percentage of what is owed. LVNV does not pursue the collection of the debt, it outsources the collection.
Consumers may see LVNV on their credit report and try to contact the company concerning the collection. LVNV does not accept these inquiries; it sends consumers to the agency that is currently handling the collection.Learn more about Credit & Lending