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CBUSEARS

Date: Thu, 03/20/2008 - 17:53

Submitted by anonymous
on Thu, 03/20/2008 - 17:53

Posts: 202330 Credits: [Donate]

Total Replies: 7


Who and what is CBUSEARS ?

Do they sue for old debt?

Can they list a debt on your credit report before they send you a letter?

Can they list a debt on your credit report, twice, for the same account number?

Can they list a debt on your credit report when another agency also lists the same account?


Welcome to the forum Zora.
CBU Sears sounds like a bank Sears may use for a credit card.

Yes, provided the statute of limitations has not passed. (this differs from state to state)

Yes

They may only report one entry per account per credit reporting agency

Assuming CBU Sears is the original creditor then one collection agency may list it. If the account is transfered to another CA or recalled to the creditor then the trade line must be deleted.

I have answered these questions to the best of my knowledge, if you have any further questions feel free to ask.


lrhall41

Submitted by JCEMT on Thu, 03/20/2008 - 20:31

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