Start My Answer

Resolve Debt with Virtuoso Sourcing Group

Dena Standley | April 26, 2024

Dena Standley
Legal Expert, Paralegal
Dena Standley, BA

Dena Standley is a seasoned paralegal with more than 20 years of experience in legal research and writing, having received a certification as a Legal Assistant/Paralegal from Southern Technical College.

Edited by Hannah Locklear

Hannah Locklear
Editor at SoloSuit
Hannah Locklear, BA

Hannah Locklear is SoloSuit’s Marketing and Impact Manager. With an educational background in Linguistics, Spanish, and International Development from Brigham Young University, Hannah has also worked as a legal support specialist for several years.

Summary: Resolving your debt with Virtuoso Sourcing Group can help you get your financial life back on track. SoloSettle can help you begin the debt-free journey by negotiating a debt settlement for less.

Being debt-free is a dream most American borrowers want to achieve sooner rather than later, especially if Virtuoso Sourcing Group (VSG) contacts you about a past-due debt. Clearing your debt may appear like an impossible goal to achieve if you stop making monthly payments and the debts have accumulated. Did you know you can resolve an outstanding amount using debt settlement?

Debt settlement allows you to negotiate with the lender, potentially allowing you to pay less than what you owe. Settling debt is one of the many ways to resolve your debt with Virtuoso Sourcing Group. This article will explore three ways of resolving debt and stopping all forms of communication with Virtuoso Sourcing Group. But first, who is Virtuoso Sourcing Group?

Settle debt with Virtuoso Sourcing Group

You can negotiate debt settlement at any stage of the collections process. SoloSettle makes it easy.

Settle with SoloSettle

What is Virtuoso Sourcing Group?

Virtuoso Sourcing Group is not a scam; it is a third-party debt collection agency that was founded in 1997 and incorporated in the same year. It became Better Business Bureau (BBB) accredited in 2011. The company has multiple locations, but its headquarters is in Denver, Colorado.

According to the Virtuoso Sourcing Group website, it is a privately owned company that helps institutions, government agencies, and businesses connect with past and current consumers. They do this by facilitating a faster multichannel response time that helps to keep customers engaged, satisfied, and up-to-date with their payments.

Contact Virtuoso Sourcing Group

If you need to contact a Virtuoso Sourcing Group debt collector, you can reach them at the following:

  • Address: 4500 E Cherry Creek South Dr. Ste 500 Denver, CO 80246-1500
  • Phone Number: 1-844-264-8983
  • Website: Virtuoso Sourcing Group

Are VSG agents contacting you multiple times a day asking for their money? Use a Debt Validation Letter to stop debt collector calls.

Virtuoso Sourcing Group reviews

Virtuoso Sourcing Group has received over dozens of complaints on the Consumer Financial Protection Bureau complaint database and several others on its BBB profile in the last three years. The negative Virtuoso Sourcing Group reviews often mention violations of various laws that protect consumers from debt collection companies. The following table outlines these complaints and the laws that were violated.

FDCPA Violations
Law Examples from complaints
The Fair Debt Collection Practices Act (FDCPA) - Being harassed and threatened

- Informing friends and relatives of the debt

The Telephone Consumer Protection Act (TCPA) - Receiving many robocalls or countless pre-recorded messages
The Fair Credit Reporting Act (FCRA) - Submitting an incorrect debt on the credit report
The Electronic Fund Transfer Act (EFTA) - Taking more money than agreed

- Continuing to make electronic payments after being told to stop


Want to improve your chances of winning your debt collection lawsuit? Our Answer document will enable you to include the above violations. Learn more from this video.

Resolve Virtuoso Sourcing Group’s debt by disputing it

As a vigilant consumer, you should dispute a debt that is not yours or an incorrect amount entered on your credit report. Disputing a questionable debt will help you resolve a debt that threatens to lower your credit score. Disputing a debt involves the following:

  1. Sending a Debt Validation Letter asking VSG for more information and confirming that they want to collect on a wrongful debt.
  2. Responding to the verification letter and explaining the incorrect debt. VSG should respond. If not, escalate the matter to the three credit bureaus.
  3. Get a copy of your credit report from the three credit bureaus and highlight the incorrect areas. Attach any evidence to support your claim.
  4. Send the dispute letter plus the evidence to the three credit bureaus.

The credit bureaus will investigate the matter and get back to you within 30 days. They will remove the debt or correct the inaccurate figures.

Resolve Virtuoso Sourcing Group’s debt by making a single payment

Paying the entire VSG debt using a single payment can remove a huge financial burden off your back. Although resolving your debt using this method can cause a slight drop in your credit score, it will recover within a short period. You can pay off debt using a single payment by:

  • Signing up for a debt consolidation program that involves taking a loan and using it to pay off multiple debts and remaining with a single debt payment with a better interest rate.
  • Utilizing savings, a gift or inheritance you received and using it to clear your debt instead of spending or saving it.

Once you pay off the debt, do not close the account because the average age of your credit account is factored in when calculating your credit score.

Resolve Virtuoso Sourcing Group’s debt by settling

Settling debt is a viable option for consumers who have defaulted on a debt, and the amount accumulated is too much for them to pay. Settling debt involves approaching VSG and asking them to accept a lowered debt amount as payment in full. You can offer as low as 25% of the original amount.

Before sending a debt settlement offer, ensure you have the money available to make a lump sum payment. When you send the request, VSG will investigate to confirm that you do not have the means to pay the original debt amount. After they are satisfied with their findings, they will reply with a counteroffer. You must be willing to adjust upwards until you reach the limit you can pay.

Settle with SoloSettle

Make an Offer

SoloSuit can help you settle the debt for good

SoloSettle is an online tool that assists consumers in approaching creditors with a settlement offer. The tool helps you send and receive offers and counteroffers until your negotiations ends in an agreement. Once you reach a settlement, your payment will be transferred to the collector via the SoloSettle app in order to safeguard your financial information. Finally, SoloSettle also ensures you receive a valid written agreement to prevent VSG from going back on its word. Start working on your settlement offer with SoloSettle today.

To learn more about how to settle a debt with Resolve Virtuoso Sourcing Group, check out this video:

How to Answer a Summons for debt collection in all 50 states

Here's a list of guides on how to respond to a debt collection lawsuit in each state:

The Ultimate 50 State Guide

Guides on how to resolve debt with every debt collector

Are you being sued by a debt collector? We’re making guides on how to resolve debt with each one.

Resolve your debt with your creditor

Some creditors, banks, and lenders have an internal collections department. If they come after you for a debt, Solosuit can still help you respond and resolve the debt. Here’s a list of guides on how to resolve debt with different creditors.

Settle your medical debt

Having a health challenge is stressful, but dealing medical debt on top of it is overwhelming. Here are some resources on how to manage medical debt.

Guides on arbitration

If the thought of going to court stresses you out, you’re not alone. Many Americans who are sued for credit card debt utilize a Motion to Compel Arbitration to push their case out of court and into arbitration.

Below are some resources on how to use an arbitration clause to your advantage and win a debt lawsuit.

Stop calls from debt collectors

Do you keep getting calls from an unknown number, only to realize that it’s a debt collector on the other line? If you’ve been called by any of the following numbers, chances are you have collectors coming after you, and we’ll tell you how to stop them.

Federal debt collection laws can protect you

Knowing your rights makes it easier to stand up for your rights. Below, we’ve compiled all our articles on federal debt collection laws that protect you from unfair practices.

Get debt relief in your state

We’ve created a specialized guide on how to find debt relief in all 50 states, complete with steps to take to find relief, state-specific resources, and more.

Debt collection laws in all 50 states

Debt collection laws vary by state, so we have compiled a guide to each state’s debt collection laws to make it easier for you to stand up for your rights—no matter where you live.

Statute of limitations on debt state guides

Like all debt collection laws, the statute of limitations on debt varies by state. So, we wrote a guide on each state’s statutes. Check it out below.

Statute of Limitations on Debt Collection by State (Best Guide)

Check the status of your court case

Don’t have time to go to your local courthouse to check the status of your case? We’ve created a guide on how to check the status of your case in every state, complete with online search tools and court directories.

How to stop wage garnishment in your state

Forgot to respond to your debt lawsuit? The judge may have ordered a default judgment against you, and with a default judgment, debt collectors can garnish your wages. Here are our guides on how to stop wage garnishment in all 50 states.

Other wage garnishment resources

How to settle a debt in your state

Debt settlement is one of the most effective ways to resolve a debt and save money. We’ve created a guide on how to settle your debt in all 50 states. Find out how to settle in your state with a simple click and explore other debt settlement resources below.

How to settle with every debt collector

Not sure how to negotiate a debt settlement with a debt collector? We are creating guides to help you know how to start the settlement conversation and increase your chances of coming to an agreement with every debt collector.

Other debt settlement resources

Personal loan and debt relief reviews

We give a factual review of the following debt consolidation, debt settlement, and loan organizations and companies to help you make an informed decision before you take on a debt.

How to repair and improve your credit score

Debt has a big impact on your credit. Below is a list of guides on how to repair and improve your credit, even while managing major debt.

How to resolve student loan debt

Struggling with student debt? SoloSuit’s got you covered. Below are resources on handling student loan debt.

Civil law legal definitions

You can represent yourself in court. Save yourself the time and cost of finding an attorney, and use the following resources to understand legal definitions better and how they may apply to your case.

Get answers to these FAQs on debt collection

How-to debt guides

Learn more with these additional debt resources