Is Global Trust Management Hurting Your Credit?

Updated

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Who is Global Trust Management, LLC?

Global Trust Management, LLC is a debt collection agency based in Tampa, Florida. Their main role involves pursuing the recovery of outstanding debts owed by individuals or businesses.

If you see Global Trust Management listed on your credit report as a collections account, this typically implies that you have an unpaid bill which has been transferred to this agency for collection.

Who does Global Trust Management collect for?

Global Trust Management specifically focuses on working with cash advance and payday loan companies. These are financial institutions that provide short-term, high-interest loans, typically required to be repaid by the borrower’s next payday. When borrowers default on these loans, Global Trust Management is tasked with collecting the owed debts.

Is Global Trust Management legit or a scam?

Global Trust Management is a legitimate company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove Global Trust Management from my credit report?

Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.

If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.

Ready to Clean Up Your Credit Report?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

Global Trust Management, LLC Contact Information

Address:

Global Trust Management, LLC
4805 W Laurel St.
Tampa, FL 33607

Mailing address:

Global Trust Management, LLC
PO Box 26244
Tampa, FL 33623

Phone number: (844) 421-7501 or (844) 421-7502

Should I contact or pay Global Trust Management?

Before contacting a collection agency, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with Global Trust Management is to work with a credit repair professional. They help remove millions of negative items every year from companies like Global Trust Management on behalf of their clients.

Will Global Trust Management sue me or garnish my wages?

Although Global Trust Management has the legal right to initiate proceedings to collect a debt, such action is typically a last resort. Lawsuits can be costly and time-consuming, so generally, agencies will first try to collect debts through conventional communication methods such as phone calls, emails, or letters.

If these attempts fail and Global Trust Management decides to sue, and if they win the lawsuit, they could potentially garnish your wages or levy your bank account. However, this is only possible if it’s permitted under your state’s laws.

Global Trust Management, LLC Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Global Trust Management, LLC

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

  • It is a violation of federal law for Global Trust Management to report inaccurate or incomplete information about you.
  • You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
  • Global Trust Management, LLC cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
  • Global Trust Management must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
  • Global Trust Management cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Global Trust Management From Your Credit Report Today!

Credit Saint offers assistance with disputing Global Trust Management collection accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.

If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.

Visit their website or call (855) 281-1510 for more details.

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