Velocity Investments LLC debt buyer suing people in Georgia.
Velocity Investments LLC is a New Jersey-based debt buyer that frequently files lawsuits against Georgia consumers for credit card debt and personal loans through law firms Ragan & Ragan and Mandarich Law Group. Velocity Investments LLC is a subsidiary of Velocity Portfolio Group Inc.
Address: 1800 Route 34N, Suite 305 Wall, NJ 07719
Phone: (732) 556-9090
Toll Free: (800) 558-4027
Website: www.velocityrecoveries.com
To understand how the debt buying process works, see my post, What is a Debt Buyer?
Velocity uses an analytic model based on hundreds of thousands of accounts in its historical database that uses debtor assets, balance size, age, chain of title, access to account documentation, state statutes, number and nature of previous collection attempts and other important factors to determine which accounts to refer for legal action.
From Velocity Investments LLC’s website Velocity | Velocity Analytics (velocityrecoveries.com)
Velocity Investments buys debts from banks, lenders, and other debt buyers including:
- OneMain Financial
- LendingClub Corporation
- WebBank
- Prosper Funding
- Upstart Network Inc.
- Upgrade, Inc.
- Crossriver Bank
- First Bank & Trust
- Creditshop Credit Card Company LLC
- Consumer Portfolio Services
- Barclays Bank
- Avant II LLC
Law firms that file lawsuits on behalf of Velocity Investments in Georgia include:
- Mandarich Law Group
- Ragan & Ragan PC
I have handled numerous Velocity Investments cases. You don’t have to go through this alone. You have affordable options. Contact me to schedule a free consultation.