Is Construction Loan Services II, LLC on Your Credit Report?
Short answer: Construction Loan Services II, LLC (Builders Capital) is a real, legitimate debt buyer based in Puyallup, Washington. It is not a scam — but a legitimate collector can still report a debt that is inaccurate, unverified, past the statute of limitations, or not even yours. You have the right to demand proof before you pay a cent.
Who Is Construction Loan Services II, LLC?
Construction Loan Services II, LLC operates out of Puyallup, Washington and acquires charged-off consumer accounts. A buyer has to prove the chain of ownership from the original creditor to itself, and that documentation is frequently the weakest part of its file.
You may also see this company on your report or in letters as: Builders Capital.
What most people don't know about Builders Capital:
Licence COM9900632 is the Florida commercial collection agency registration held by Construction Loan Services II, LLC; it is currently approved, and the address of record on the filing is Puyallup, Washington. The state first approved that registration in July 2025. Searching the CFPB consumer complaint database for this company returns no debt-collection complaints, so there is no federal complaint history to read patterns from. The COM licence class covers commercial rather than consumer collections, which is a meaningful distinction: the FDCPA's consumer protections attach to personal, family, and household debts, so confirm in writing which kind of account is being pursued before anything else. Because the licence dates only to 2025, an account attributed to this name from well before that year is worth checking carefully against the original creditor's records.
Why Is Builders Capital on My Credit Report?
Construction Loan Services II, LLC typically collects charged-off credit card debt, personal loans, retail installment accounts. A collection like this usually lands on your report because:
- ✅ An original account (a charged-off credit card debt, for example) went unpaid and was charged off.
- ✅ The account was sold to Construction Loan Services II, LLC, which now owns the debt and is trying to collect the full balance.
- ✅ Construction Loan Services II, LLC furnished the account to one or more of the three credit bureaus (Equifax, Experian, TransUnion).
Important: a collection account on its own does not prove you owe the debt or that the amount is correct. That's where your rights come in.
Your Rights When Builders Capital Contacts You
Federal law — the Fair Debt Collection Practices Act (FDCPA) and Fair Credit Reporting Act (FCRA) — gives you powerful tools. Here is the playbook we use at Crowned Credit.
1. Debt Validation (FDCPA §809)
Within 30 days of first contact, send Builders Capital a written debt-validation letter. They must prove the debt is yours, the amount is correct, and they have the legal right to collect. If they can't, they must stop collecting and it should come off your report.
2. Dispute With the Bureaus (FCRA §611)
You can dispute the Builders Capital tradeline directly with Equifax, Experian, and TransUnion. The bureaus have 30 days to investigate. If the account can't be verified, the law requires it be deleted or corrected.
3. Cease-and-Desist
You can demand in writing that Builders Capital stop contacting you. They can still report and sue, but they must stop calls and letters — useful for stopping harassment while you build your case.
4. Pay-for-Delete (in writing only)
If the debt is valid and yours, you may negotiate to pay in exchange for deletion of the tradeline. Never pay on a verbal promise — get the pay-for-delete agreement in writing first.
5. Statute of Limitations
Every state has a time limit on how long a collector can sue you for a debt. If the debt is "time-barred," Builders Capital can still ask for payment but generally cannot win a lawsuit — and making a payment can dangerously restart the clock.
6. Protection From Harassment
The FDCPA bars Builders Capital from calling at unreasonable hours, threatening you, or lying. Every violation is potential leverage — and may entitle you to damages.
How Crowned Credit Helps With Builders Capital
We don't send cookie-cutter form letters. We investigate the specific account, assert every applicable right, and work it with all three bureaus and the collector directly.
Review & Validate
We pull all three bureau reports, find every error on the Builders Capital entry, and demand full debt validation.
Dispute & Escalate
Hand-packed disputes go to the bureaus and the collector. When they fail to investigate properly, we escalate to the CFPB and, where warranted, attorneys.
Track & Build
We monitor deletions in real time and coach you on rebuilding once inaccurate items are addressed.
See our transparent pricing — no long-term contracts.
Construction Loan Services II, LLC — Frequently Asked Questions
Is Construction Loan Services II, LLC a scam or a legitimate company?
Construction Loan Services II, LLC is a real, registered debt buyer headquartered in Puyallup, Washington. It is a legitimate business — but "legitimate company" does not mean the specific debt it's reporting is accurate, validated, or even yours. Scammers do sometimes impersonate well-known collectors like Builders Capital, so always demand written validation before paying anything.
Why is Construction Loan Services II, LLC on my credit report?
Construction Loan Services II, LLC operates out of Puyallup, Washington and acquires charged-off consumer accounts. A buyer has to prove the chain of ownership from the original creditor to itself, and that documentation is frequently the weakest part of its file. It most commonly collects charged-off credit card debt, personal loans, retail installment accounts. It likely appeared after an original account went unpaid and was sold to them. Licence COM9900632 is the Florida commercial collection agency registration held by Construction Loan Services II, LLC; it is currently approved, and the address of record on the filing is Puyallup, Washington. The state first approved that registration in July 2025. Searching the CFPB consumer complaint database for this company returns no debt-collection complaints, so there is no federal complaint history to read patterns from. The COM licence class covers commercial rather than consumer collections, which is a meaningful distinction: the FDCPA's consumer protections attach to personal, family, and household debts, so confirm in writing which kind of account is being pursued before anything else. Because the licence dates only to 2025, an account attributed to this name from well before that year is worth checking carefully against the original creditor's records.
Can Construction Loan Services II, LLC be removed from my credit report?
Yes — inaccurate, unverifiable, or improperly reported Builders Capital collection accounts can be removed. Under the FCRA, the credit bureaus must investigate your dispute, and if Construction Loan Services II, LLC cannot verify the debt, it must come off your report. Crowned Credit reviews the account for errors, demands debt validation, and disputes it with all three bureaus.
Should I pay Construction Loan Services II, LLC or dispute it first?
Do not pay before you validate. Once you confirm a collection is yours, accurate, and within the statute of limitations, you may consider a pay-for-delete agreement in writing. But paying an unverified or time-barred debt can restart the clock and lock in a negative entry. Get a free assessment before you send any money to Builders Capital.
How long can Construction Loan Services II, LLC report this debt?
Most negative collection accounts can remain on your credit report for up to seven years from the original delinquency date — not from when Construction Loan Services II, LLC acquired or began collecting it. If the account is being "re-aged" to look newer, that is a reporting violation you can dispute.
Will Construction Loan Services II, LLC sue me?
Some collectors and debt buyers do file lawsuits, especially before the statute of limitations expires. If you are served, do not ignore it. Validate the debt, check whether it is time-barred in your state, and get help. Because this type of entity is more likely to litigate, acting early matters.
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