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How to Settle Debt With Security Credit Services

George Simons | January 12, 2026

George Simons
Co-Founder of SoloSuit
George Simons, JD/MBA

George Simons is the co-founder and CEO of SoloSuit. He has helped Americans protect over $1 billion from predatory debt lawsuits. George graduated from BYU Law school in 2020 with a JD-MBA. In his spare time, George likes to cook, because he likes to eat.

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: Security Credit Services is a debt collection agency that specializes in purchasing old debts and aggressively collecting them. If you've been sued for a debt by SCS, you have up to 35 days to respond before you lose by default. Use SoloSuit to draft and file your Answer and win in court.

Being served with a debt collection lawsuit can feel overwhelming. If the lawsuit was filed by Security Credit Services LLC, it’s important to understand who they are, what the lawsuit means, and the practical options available for resolving the matter.

This guide walks through how Security Credit Services operates, how to respond appropriately to a lawsuit, and how many consumers choose to resolve these cases—often through settlement—while protecting their rights.

What Is Security Credit Services?

Security Credit Services, also known as EquiPro Investments, is a debt collection company based in Oxford, Mississippi. Like many collection agencies, SCS purchases charged-off or delinquent accounts from original creditors—such as banks or retailers—and then attempts to collect on those accounts, sometimes through litigation.

Contact information:

Security Credit Services, LLC
P.O. Box 1156
Oxford, MS 38655
Phone: (866) 699-7889
Website: https://equiproinvestments.com/

Validate the debt

When a debt has been sold one or more times, documentation may be spread across multiple parties. As part of responding to a lawsuit, consumers commonly request confirmation of the debt details so everyone is working from the same information.

A Debt Validation Letter can be used to request:

  • The name of the original creditor
  • A breakdown of the amount being claimed
  • Information on how to request additional documentation
  • Notice of your right to dispute the debt within 30 days

This process helps clarify whether the balance, ownership, and account details are accurate before deciding how to proceed.

File an Answer if you've been sued

If you receive a Summons and Complaint, there is a strict deadline—often between 14 and 35 days depending on your state—to respond. Failing to respond can result in a default judgment, which may allow the collector to pursue wage garnishment, bank levies, or other collection remedies permitted by law.

Filing a written Answer keeps the case active and preserves your ability to:

  • Review the evidence being relied upon
  • Raise applicable legal defenses
  • Open the door to settlement discussions

Many consumers use tools like SoloSuit to prepare and file an Answer efficiently while ensuring proper formatting and service.

How to draft an Answer to a Security Credit Services lawsuit

When responding to a debt collection lawsuit, it’s generally recommended to:

  • Respond to each allegation by admitting, denying, or stating lack of knowledge
  • Avoid unnecessary detail—the Answer is procedural, not a narrative
  • Assert applicable defenses, such as lack of standing or statute of limitations
  • Use standard court formatting, including a proper caption
  • Include a certificate of service showing the plaintiff was notified
  • Sign the document in accordance with court requirements

Taking these steps ensures your response is taken seriously by both the court and the opposing party.

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Check the statute of limitations

Every state limits how long a creditor or collector can sue to collect a debt. This time period—called the statute of limitations—typically starts from the date of the last account activity.

If the statute of limitations has expired:

  • The debt may still exist
  • But the collector may be legally barred from enforcing it through a lawsuit

Confirming this information before making payments or agreements is important, as certain actions can restart the limitation period.

Review your credit report

Debt collection accounts often appear on credit reports. You’re entitled to a free annual credit report from each of the three major bureaus:

  • Experian
  • Equifax
  • TransUnion

Reviewing your reports allows you to confirm the debt is reported accurately, identify incorrect balances, dates, or account ownership, and dispute errors directly with the credit bureaus if needed. Accurate reporting benefits all parties and helps ensure any resolution reflects correct information.

Resolve the case through settlement

Many debt collection lawsuits are resolved outside of court through settlement. Settlement can:

  • Reduce the total amount owed
  • Avoid prolonged litigation
  • Provide certainty and closure for both sides

After filing an Answer, some consumers choose to open settlement discussions and request written terms that clearly outline payment amounts, deadlines, and case dismissal upon completion.

Getting support along the way

SoloSuit provides tools designed to help consumers respond properly to debt lawsuits and explore resolution options, including settlement. These tools focus on helping users follow court procedures correctly while making informed decisions about how to move forward.

Key Takeaway

A lawsuit from Security Credit Services doesn’t have to mean a prolonged or adversarial process. By responding on time, confirming the details of the debt, and understanding your legal options, many consumers are able to resolve these cases efficiently—often through settlement—while protecting their rights and avoiding unnecessary stress.

Frequently Asked Questions

Is Security Credit Services a legitimate debt collection company?

Yes. Security Credit Services, also known as EquiPro Investments, is a legitimate debt collection agency that purchases delinquent accounts and attempts to collect on them, sometimes through lawsuits. Like all debt collectors, they must comply with state and federal consumer protection laws.

What should I do if I’m sued by Security Credit Services?

If you’re sued, the most important step is to respond to the lawsuit before the deadline listed on the Summons. Filing a written Answer preserves your rights, prevents a default judgment, and allows you to explore defenses or settlement options.

Can I settle a debt lawsuit with Security Credit Services?

Yes. Many debt collection lawsuits are resolved through settlement rather than trial. Settlement can reduce the total amount owed and bring the case to a close more quickly. Any settlement terms should be confirmed in writing and include dismissal of the lawsuit once payment is complete.

What is a Debt Validation Letter, and when should I send one?

A Debt Validation Letter is a written request asking a collector to confirm details about the debt, such as the original creditor and the amount owed. This letter is commonly sent early in the collection process and can help clarify whether the information being used is accurate.

What happens if I ignore a lawsuit from Security Credit Services?

Ignoring a lawsuit can lead to a default judgment. If that happens, the court may allow the collector to pursue remedies such as wage garnishment or bank levies, depending on state law. Responding on time helps avoid these outcomes.

Can Security Credit Services sue me for an old debt?

Debt collectors can only sue within the statute of limitations set by state law. If the statute of limitations has expired, the debt may still exist, but it may no longer be enforceable through a lawsuit. It’s important to confirm this before making payments or agreements.

Will settling a debt lawsuit affect my credit?

Settlement may still appear on your credit report, but it can prevent further negative actions associated with an active lawsuit or judgment. Reviewing your credit report and ensuring the information is accurate is an important part of the process.

Do I need a lawyer to respond to Security Credit Services?

Some people choose to consult an attorney, while others respond on their own using legal tools designed for consumers. The right choice depends on your comfort level, the amount at issue, and the complexity of the case.

What is SoloSuit?

SoloSuit makes it easy to fight debt collectors.

You can use SoloSuit to respond to a debt lawsuit, to send letters to collectors, and even to settle a debt.

SoloSuit's Answer service is a step-by-step web-app that asks you all the necessary questions to complete your Answer. Upon completion, we'll have an attorney review your document and we'll file it for you.

Respond with SoloSuit

"First time getting sued by a debt collector and I was searching all over YouTube and ran across SoloSuit, so I decided to buy their services with their attorney reviewed documentation which cost extra but it was well worth it! SoloSuit sent the documentation to the parties and to the court which saved me time from having to go to court and in a few weeks the case got dismissed!" – James

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Overview of what to do when Security Credit Services sues you

Here is what to do if you receive a debt collection lawsuit from Security Credit Services:

  • Take note of any abusive or inappropropriate debt collection practices by Security Credit Services, and figure out if it's considered a violation of the FDCPA. If it is, file a counterclaim against SCS.
  • You can make Security Credit Services prove that you owe a debt by sending a Debt Validation Letter.
  • The first step to beating SCS in court is to file a written Answer before your state's deadline. Follow these 6 tips to draft your Answer:
    • The Answer is not the place to tell your side of the story in detail.
    • Deny Deny Deny.
    • Include defenses.
    • Use standard formatting or “style”.
    • Include a certificate of service.
    • Sign it.
  • Each state has a statute of limitations on debt, and if the statute of limitations has passed, SCS can no longer sue you.
  • Check your credit report to make sure Security Credit Services didn't report any incorrect information about you.

You can beat Security Credit Services in court with having to hire a lawyer.

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

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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

Like all debt collection laws, the statute of limitations on debt varies by state. So, we wrote guides on each state’s statutes and more.

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