Posts Tagged ‘ collection agency ’

Alarm company can turn past due account over to collections

Dear Experian, I have a dispute with a security alarm company. They have implied a contract extension on a policy that I did not approve. I have not made a payment on the policy since November 2012 and am concerned that they may eventually turn the balance over to collections, thus negatively affecting my credit, though they have not threatened such action yet. Is there an arrangement I can make with the credit reporting companies that can prevent harm to my credit in the event that issues with this company escalate? That is, can I prevent them from damaging my credit history by reporting this unpaid balance? Or is my only option to pay them? - JSS[ READ MORE ]

Collection account and charged off account for same debt in credit report

Dear Experian, If an account is "charged off" and sold to collection agency, how can both accounts be used against you? My credit report shows two negative accounts. I owed $1,900, but now one account shows the original amount owed and a separate account shows $2,300 owed to a collection agency. Will both accounts stay on my report for seven years? The original account was four years ago, but the collection is only three months old. - VNW[ READ MORE ]

Company suing after account deleted from credit report

Dear Experian, Last year, I disputed an account with you and the other CRAs. About a month after the dispute, you and the other CRAs deleted that item off my credit reports. Now the company that placed that erroneous account is attempting to sue me. Can I request a document from you and the other CRAs validating that the account was deleted? - AFG[ READ MORE ]

Contacting collection agency won’t add negative entry

Dear Experian, I have an unpaid charge-off that I want to pay off. I've contacted the creditor showing on my current credit report but they advised me that they sold the account in 2011. The "sold to" company has never contacted me for re-payment. How can I go about paying off this debt and stopping the monthly reporting to the credit agencies? I'm afraid if I contact the "sold to" company there will be another negative entry on my report, in addition to the original creditor. Thank you. - BLD[ READ MORE ]

Make medical payments to the collection company not to the hospital

Dear Experian, I have been making monthly payments for a hospital bill. The hospital has stopped all correspondence and continues to cash my checks. They have also reported on my credit report with no reduction in debt updated. The report states collection even though they are accepting payment. - DLR[ READ MORE ]

Payments should be made to collection agency, not original lender

Dear Experian, I made payment arrangements to pay a debt to the original credit card company; however, a third party collection agency is now contacting me for payment on the same account. Who should I be making payments to? - ALT[ READ MORE ]

Debts older than seven years should not return to your credit report

Dear Experian, Can a creditor remove a debt after seven years and then sell the debt and place it back on your credit report? - KSE[ READ MORE ]

Collection agencies can try to collect debt after it is deleted from your credit report

Dear Experian, How many years back can a collection agency go to collect a debt? I have one from 1999 that my ex-wife and I have that was not paid. I am getting letters and calls from them, and they are telling me that they can still take my wages thru a garnishment. My wife was to pay this when we divorced. I make more money than her so they said they are going after me. Can they do this? - TMW[ READ MORE ]