Midland Credit Management (MCM) is dedicated to helping consumers resolve past-due debts to get back to a comfortable place financially. Want to learn more about Midland Credit Management Inc. and its mission?
Here’s everything you need to know about MCM.
Who Is Midland Credit Management?
Since 1953, Midland Credit Management has been working with consumers and businesses to help resolve past-due debts. When an individual is unable to repay a loan or make payments on a credit card, Midland Credit Management may purchase that debt and become the new creditor.
MCM is a subsidiary of Encore Capital Group, which has acquired other debt buyers such as Atlantic Credit & Finance and Asset Acceptance here in the US. Encore also has a purchased a European debt buyer, Cabot Financial. Encore Capital Group is one of the largest publicly traded debt buyers, and Midland Credit Management is one of the largest debt collection companies in the United States.
What Does Midland Credit Management Do?
Midland Credit Management helps consumers resolve unpaid debt by purchasing that debt from the original creditor. Once Midland Funding, MCM, or one of their affiliates, has purchased your debt from your creditor, your account is usually placed with Midland Credit for servicing. Once your account is with Midland Credit Management, you can set up a custom payment plan to start paying off your debt. MCM works with consumers to find working solutions for paying off debt. You can decide how much you’re able to pay and how often you can make payments. Their goal is to help consumers achieve financial freedom by resolving past-due debts and creating a clean slate to start fresh.
How to Get Started
If Midland Credit Management has purchased your debt and you’re ready to get started, MCM provides flexible options. You can log in using the online portal, chat online, or call (877) 653-4161 to discuss your debt and create a payment plan. If you’re ready to make a payment, you can also mail in your payments.
When you log into the online portal, you’ll be able to view the details of your account and create your own custom payment plan. If you’re not ready to set up a payment plan, you can make a one-time payment online as well.
Midland Credit Management is always happy to help over the phone as well. If you received a notification about Midland Credit Management purchasing your debt, give them a call, and a representative will help you every step of the way.
Payment Options
Midland Credit Management works hard to offer solutions that work for everybody, and that includes providing various payment options.
You can pay online by logging into the online portal. To log in, you’ll need your MCM account number as well as the last four digits of your Social Security number. From the portal, you can make a one-time payment or set up a payment plan.
If you’d prefer to talk on the phone, you can call MCM anytime Monday through Friday from 8am to midnight ET. On weekends, representatives are available from 8am to 7:30pm ET.
Alternatively, you can always mail your payment to Midland Credit Management. If you decide to mail your payment, address it to:
320 E Big Beaver Rd., Suite 300 Troy, MI 48083