Whenever you come across MCM Collections on your credit report, it tells the story MCM is coming after old unpaid debts where your original creditor failed to collect from you. Now, MCM would collect back the same debts with their own defined strategies. Midland Credit Management (MCM) is a collection agency that collects debts on behalf of creditors. The presence of MCM Collections on your credit report would hurt your credit score on continuous basis and bring it to lowest levels.
Sometimes, you find that debts which are being collected from MCM do not belong to you or you are not sure whether you owe those particular debts or not. In this case, you should ask MCM for validation. Now, MCM would contact your original creditor for further details. If MCM fails to validate debts then they are not supposed to collect debts from you. But, in cases where they provide sufficient proofs to prove that debt belongs to you then you may negotiate with them on payment or settlement agreements.
Sometimes, Midland Credit Management tries to contact you for recovering debts which has passed the expiration date in accordance with Fair Credit Reporting Act. At this span of time, you do carry the authority to take MCM collection agency in the court to create disturbance & troubles for you.
You can also hire the services of credit repair attorney to help you in getting rid of MCM collections and negative marks from your credit report. Ordinary humans are not much more skilled and trained to deal with credit related issues as compare to credit repair attorney.
You should ensure the credit trustworthiness and dependability of credit repair attorney before paying them any fees or signing contract with them. Look into details of terms and conditions & any hidden services charges prior to make any payments.