Have you been contacted by a company identifying themselves as 09 Tempoe LLC?
It’s probably because you forgot to pay a bill, and it’s coming back around to bite you.
They are an alternative lender to traditional financing options.
They can help you fund large purchases, such as jewelry, electronics, or automobiles.
However, you can run into major trouble if you default on your loan.
When you fail to make payments on your loan, 09 Tempoe LLC will move the bill to collections.
This means that they will open a collection account on your credit report and begin to report the unpaid bill to major credit bureaus.
When this occurs, you will see a major drop in your credit score and may have trouble qualifying for loans and credit cards in the future.
What is 09 Tempoe LLC?
Also known as Tempoe Financial, 09 Tempoe LLC is a nontraditional lender that offers no credit required leasing options for personal and automotive loans.
Their loans have a five-month minimum loan period and can be used to finance a variety of purchases.
They are headquartered in Cincinnati, OH, and have over 6.8 million loans in their lifetime as a company.
Like many companies that collect debts in-house, they have had a number of complaints filed against them over the years with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB).
Customers complain that they have violated many of their FDCPA rights including failing to validate debts and harassment from customer service representatives.
If you are having problems with them as well, you should consider filing a complaint.
How to Get 09 Tempoe LLC Off Your Credit Report
Here are the best steps to take to remove the collection from your credit report.
Understand Your FDCPA Rights
Many people assume that dealing with abuse from debt collectors is all part of the process.
However, that could not be further from the truth.
You may not realize this, but there is a federal law in place that protects you from abuse and deception from debt collectors like 09 Tempoe LLC.
Specifically, the Fair Debt Collection Practices Act (FDCPA) protects consumer’s rights from debt collector abuse and lays out ground rules for proper engagement.
Under the FDCPA, 09 Tempoe LLC is prohibited from engaging in the following tactics:
- Calling you before 8:00 a.m. or after 9:00 p.m.
- Calling you multiple times a day
- Talking to anyone besides you about your debt
- Using profanity or abusive language
- Threatening legal action that they don’t intend to take
- Failing to notify you of your right to dispute the debt
- Trying to collect more than legally allowed
Understanding your rights under the FDCPA is very important for debt consumers.
It allows you to keep 09 Tempoe LLC in check throughout your correspondence with them.
It can also help you understand what rights are afforded to you under the law, even if they fail to inform you.
If you are having trouble with any of the above, you should consider filing a complaint with oversight bureaus or perhaps pursuing legal action.
You can be rewarded up to $1,000 per infraction if you work with the right representation.
Ask for Debt Validation
A particularly important right that is granted to you under the FDCPA is the right to request debt validation from a debt collector.
This can help you determine if 09 Tempoe LLC is reporting false information about your debt or if they are trying to collect payments from you on someone else’ debt.
Even if you know that the debt is yours, you should still take advantage of your right to request debt validation.
This is because you can get the debt removed from your record if they are reporting any information about your debt inaccurately.
This means that the debt will be voided without you having to pay a cent.
To formally request debt validation, you need to write 09 Tempoe LLC a debt validation letter.
It should ask them to confirm certain details about your debt, including the date of last account activity, total balance, and account number.
If you are having trouble writing a debt validation letter, we have a template that can help you get started.
09 Tempoe LLC should respond to your request within 30 days of receiving your letter.
They should send you documents meant to prove that the debt belongs to you and that they are authorized to collect it.
Go through each page and mark any information that doesn’t match what you have.
And if you find any outright inaccuracies, you can submit a dispute with the major credit bureaus.
This will cause each bureau to conduct its own investigation into the matter and come to their own conclusions.
Then, if they agree that 09 Tempoe LLC is reporting inaccurate information about your debt, they will delete the account from your record.
Work out a Pay-For-Delete
Getting your debt removed through debt validation can be a long shot.
If 09 Tempoe LLC is able to prove that the debt belongs to you, your next step would be to work out a pay-for-delete agreement with them.
A pay-for-delete agreement hinges on your ability to leverage your payments in exchange for account deletion.
In other words, you need to be able to negotiate with 09 Tempoe LLC to get them to delete their entry from your credit report.
This isn’t always easy, but you may be successful if they are desperate enough for your money.
To begin, offer to pay them around half of what you owe them. Work with them to come up with reasonable terms that include a full deletion in exchange for your payment.
Once an agreement is reached, have 09 Tempoe LLC send you the full contract with terms in writing.
Make sure that you only make your first payment after you receive the contract and review the terms in their entirety.
It usually takes about a month for debt collectors to remove a collections account from a credit report.
Monitor your report to ensure that 09 Tempoe LLC upholds their end of the bargain. If they don’t, reach out and remind them.
Hire a Credit Repair Company
If you are unable to make headway with 09 Tempoe LLC no matter what, you should consider hiring a credit repair company to remove the account for you.
Because credit repair companies are professionals that use their industry knowledge to remove damaging accounts from your credit report.
They can help you clean up your credit history so that you will have an easier time applying for loans and credit cards down the line.
For instance, one of the most reputable credit repair companies out there is Lexington Law.
They have experience dealing with 09 Tempoe LLC and remove millions of accounts from customers’ credit reports each year.
Dealing with 09 Tempoe LLC can be a real headache, but it doesn’t have to be.
Because if you follow the steps above, you can have them removed from your credit report and begin rebuilding your credit history.
We believe that everyone has the ability to improve their credit.
So if you would like to learn more about how you can get started, check out some of our most popular articles.
Make this the year that you achieve your financial goals.