Question 1

What are the Benefits of Resolving Your Collections Account?

Accepted Answer

When you pay off your Midland Funding account serviced by Midland Credit Management you will receive a paid off letter. If your paid off your account is being reported to the credit bureaus, a request will be made to delete the account. It may take up to 45 days for you to see a change on your credit report.

Question 2

How Does the Debt Collection Process Work?

Accepted Answer

Debt collection takes on many forms, ranging from servicing accounts on behalf of the original creditor to having the delinquent account sold to a new creditor and servicing that sold account. In the case of Midland Funding, we buy delinquent accounts and become the new creditor. Midland Funding partners with MCM to service these accounts. If you have received a letter from MCM stating that Midland Funding is your current creditor, this means a creditor you had an account with has closed your account and sold it to us. MCM is servicing your account and to get started you can use MCM’s account lookup tool to review what flexible options are available for resolving your debt.

Question 3

How Can I Manage My Account?

Accepted Answer

If you want to manage your Midland Funding account or make a payment, you can log in to MCM’s online portal. To do this, simply enter your MCM account number and the last four digits of your Social Security number.

Question 4

Who Does Midland Credit Management Collect For?

Accepted Answer

MCM primarily collects on consumer finance accounts owned by Midland Funding, Atlantic Credit and Finance, Asset Acceptance, and Midland Credit Management. MCM collects on a variety of accounts as well including credit cards, secured and unsecured loans, lease-to-own financing, and other consumer accounts. These accounts may have come from some of the nation’s largest financial institutions.

Question 5

What Is Debt Collection?

Accepted Answer

Debt collection refers to the process by which a collection agency, like Midland Credit Management, collects past-due debts from consumers who have missed payments on loans or credit cards.

FAQs

Answers to Your Frequently
Asked Questions

Payment Questions

How do I make a payment to Midland Funding?

Can I talk to someone before I make a payment?

Assistance & Validation Questions

I’m not sure this debt belongs to me. What should I do?

Can I get more information about this debt online?

My credit report says my account was “Charged-Off”. Do I still need to pay the debt?

Is Midland Funding on your Credit Report?

Accreditations

Serviced By Midland Credit Management
Read the MCM Consumer Bill of Rights
Read about MCM’s Privacy Policies

Call MCM Toll Free: (877) 653-4161
Or Write MCM at P.O. Box 939069
San Diego, California 92193