BBB Accredited Business Profile

Midland Credit Management Inc

Midland Credit Management Inc

(800) 825-8131

Midland Credit Management Inc

64 years in business
Headquarters
2365 Northside Dr #300
San Diego, CA 92108
Additional Website Addresses
BBB File Opened: 08/01/1992
Business Started: 02/01/1953
Business Started Locally: 05/01/2000
Business Incorporated: 05/22/2000 in CA
Type of Entity
Corporation
Business Management
  • Mr. Brandon Black, CEO
  • Mr. Paul Grinberg, CFO
  • Mr. Jim Syran, Senior Vice President Operations
Business Category
  • Financial Services
  • Consumer Finance & Loan Companies
  • Collection Agencies

Additional Information
  • On May 22, 2000 Midland's parent corporation, Encore Capital
    Credit Group, Inc., acquired all of West Capital Financial
    Services Corporation.
Products & Services
This company offers management and servicing of credit card receivables.
Alternate Business Names
  • Encore Capital Group Inc
  • Midland Funding LLC
  • MCM
  • Midland Acquisitions Corp
  • MRC Receivables Corp
Number of Employees: 
3,088
BBB accredited business

A

Government Action

New York v. Encore Capital Group

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

On January 9, 2015 New York Attorney General Schneiderman announced that his office has obtained a settlement from Encore Capital Group Inc, a major debt buyer, for bringing improper debt collection actions against thou... Read More

Government Action

Colorado Administrator v. Midland Credit Management, Inc.

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

On February 2, 2015 the Administrator of the Colorado Fair Debt Collection Practices Act and Midland Credit Management, Inc., entered into a stipulation and Final Agency Order to resolve issues ... Read More

Government Action

CFPB v. Encore Capital Group

The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

On September 3, 2015 the business entered into a consent order with the Consumer Financial Protection Bureau. The Assurance settles allegations that the business bought debts that were inaccurate, lacked documentation,and u... Read More

Overview

This company offers debt collection services.

BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Factors that affect the rating for Midland Credit Management Inc include:

  • Government action(s) against the business

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
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BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for one year from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
BBB reports when mail sent to the business was returned by the Postal Service.

The following Government Agency(s) or Association(s) may be able to provide you additional information:

Federal Trade Commission
600 Pennsylvania Ave NW
Washington DC 20580
http://www.ftc.gov

Consumer Financial Protection Bureau
P.O. Box 4503
Iowa City IA 52244
Phone Number: 855-411-2372
Fax Number: 855-237-2392
http://www.consumerfinance.gov
info@consumerfinance.gov

California Attorney General
PO Box 944255
Sacramento CA 94244-2550
Phone Number: (800) 952-5225
http://www.ag.ca.gov

Midland Credit Management Inc

Midland Credit Management Inc

BBB ACCREDITATION SINCE 05/01/2000

Customer Review Rating:

98%

Composite Score: