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While there are many debt collection scams out there, Jefferson Capital is a legitimate debt collection company. However, debt collectors have been known to use shady collection tactics that scammers also use.
Nonetheless, Jefferson Capital Systems is not a scam and they are in fact an authorized debt collection agency. Jefferson purchases packages of debt from banks and other businesses, and then tries to collect the debt from consumers.
Confirm that the debt is yours. Check your state's statute of limitations. Know your debt collection rights. Figure out how much you can afford to pay. Ask to have your account deleted. Set up a payment plan. Make your payment. Document everything.
Online: Use this website to make a payment or create a payment plan at your own convenience. Phone: If you wish to make a payment or have questions about your account, please call us at 1-833-851-5552. Mail: When making a payment by check or money order, please include your JCS Reference number.
To access your account information, select the My Account or Make Payment button. You'll be prompted to enter your JCS Reference Number and the last four digits of your social security number or your date of birth. Once you've accessed your account information, you'll have the option to create a login for the account.
Will JCap delete the tradeline if I have paid off my account? Our policy is that we will request the credit bureaus delete the tradeline approximately 30 days after the final payment has been posted that resolves the account as paid in full or paid in full for less than the full balance.
Nonetheless, Jefferson Capital Systems is not a scam and they are in fact an authorized debt collection agency. Jefferson purchases packages of debt from banks and other businesses, and then tries to collect the debt from consumers.
According to the complaint, Jefferson Capital Systems, LLC is a subsidiary of CompuCredit Corporation. Unfortunately, that is not who owns Jefferson Capital Systems, LLC today. In August 2012, CompuCredit sold the company to Flexpoint Fund II, L.P. for $130.5 million.