Posts Tagged "transferred"

Make payments only to the collection agency that currently owns the debt

Dear Experian,

I have two collection agencies reporting the same item. If I pay the current collection company will both of them be updated as paid in full or do I have to pay them separately?


Paid student loans listed by semester won’t hurt credit

Dear Experian,

I have student loans on my report with different amounts but the same account number. They are all under accounts in good standing. I think that they are repeated. They are listed nine times! I also have two other student loan accounts with the same account number but with a different company. I have consolidated my school loans twice so I’m assuming that they are from before I consolidated. Do all these hurt my credit? They are all paid/never late/closed, but I’m concerned it shows that I over extend myself.


Why an original account and collection account both appear on your credit report for the same debt

Dear Experian,

How can an item be on your credit twice, once under the original credit grantor and then under a collection agency? How does this affect the deletion date?


Accounts still show payment history and amount past due when sent to collections

Dear Experian,

I have a couple of accounts that were purchased by another lender or collection agency. I have paid them off and they do show closed, but they still show a balance. Is this negative? Should I dispute?


Transferred/closed student loan history still affects credit scores

Dear Experian,

I recently filed a dispute to get the status of my federal student loans changed. They were reported as delinquent because of missed payments. However there was a forbearance put on the account, and after the dispute, the status was updated to transferred/closed. Should my score improve with this update?


How consolidated student loans will appear in your credit report

Dear Experian,

I recently consolidated my student loans with one vendor, but all my other accounts still appear on my credit report. It says it has been transferred, but I would like to know if I can remove those accounts from my report since they are counting as open installment loans.


Student loans listed as “transferred” after being consolidated

Dear Experian,

My student loans were consolidated into a new loan. Both the new loan and all of the old loans are on my credit report. The old loans say transferred. Should they be closed as well?


Collection accounts may be for more than original debt

When an account has been purchased by another lender, or transferred to another lender, and the new lender starts collections on the account, can the “Credit limit/Original amount” that is been recovered be higher than the amount shown on the credit report? This amount has not changed from the original lender to the new one.


Why both creditors appear on your report after a loan is sold

Dear Experian,

One creditor sold an account to another. Why are they both showing up on my credit report?


Defining charged off, written off and transferred

Dear Experian,

What are the definitions of charged off, written off and transferred?


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