

The simplest way to find out what debts you have in collections is to check your credit reports. You should see them listed in the "Accounts" section of your credit reports with a special payment status notation for collections.
Having a debt sent to collections can have a significant negative impact on your credit score, but with new credit scoring models, paying off what you owe can help improve your standing.
The best way to locate your collection accounts is to check your credit reports. Here's what you need to know about how to do it and which steps you can take if you can't find a particular debt.
When a debt collector takes over an amount you owe from your original creditor, it will reach out to you and notify you of your obligation.
However, another way to determine whether you have past-due balances in collections is to check each of your credit reports from the three major credit bureaus (Experian, TransUnion and Equifax).
Since collection agencies aren't required to report account activity to all three credit bureaus, checking your credit reports from all three agencies helps ensure you don't miss anything.
To start, consider registering with Experian to check your credit report and FICO® ScoreΘ for free. Alternatively, you can get free weekly reports through AnnualCreditReport.com.
Learn more: Understanding Your Experian Credit Report
Collection agencies won't typically report a new account immediately, and in some cases, they may not report to the credit bureaus at all. However, there may be a couple of other ways to find out that you owe money:
If you believe a debt collector is contacting you in error, take the time to make sure you understand your legal rights and protections.
Generally speaking, only unsecured debts are sent to collections because there's no collateral for the lender to seize and sell to recoup the amount owed. Among the debts you might see on your credit reports are:
It's worth noting that recent changes have been made in how medical debts are reported to the credit bureaus. Paid medical debts, medical debts less than a year old and medical debts under $500 no longer appear on credit reports.
Collection accounts typically remain on your credit reports for seven years from your first missed payment. Because your payment history is the most influential factor in your FICO® Score, an unpaid collection account can damage your credit considerably.
Generally, collection accounts hurt your credit for as long as they're on your credit reports, though the impact lessens over time. Even so, even one collection account can make it harder to qualify for credit or to secure favorable terms, such as lower interest rates.
Not all collection accounts are reflected in credit scores, though. For instance, fully paid collections are ignored by the FICO® Score 9 and FICO® Score 10 scoring models. Meanwhile, collections with an original amount under $100 are disregarded by the FICO® Score 8, FICO® Score 9 and FICO® Score 10 scoring models.
Learn more: What Affects Your Credit Scores?
If you have one or more accounts in collections, working to rebuild your credit can help you get back on your feet financially. Here are some steps you can take:
Nobody wants their debts to end up in collections, but if it happens, you can take steps to minimize the damage. Options include reviewing your credit reports, paying off past-due debt, making timely payments on other debts and looking for ways to rebuild your credit.
As you move forward with your plan to recover from collection debt, stay on top of your credit score and credit report to track progress and get insights into other ways you can improve your credit.
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Ben Luthi has worked in financial planning, banking and auto finance, and writes about all aspects of money. His work has appeared in Time, Success, USA Today, Credit Karma, NerdWallet, Wirecutter and more.
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