question....
If a collection agency placed a negative on your credit report t
If a collection agency placed a negative on your credit report they should also place a positive if it was settled. I would check my credit report and challenge the negative if it has not been also listed as paid. Some credit agencies work for a creditor but most have purchased the debt after the original creditor has written it off. You might send them a certified letter with a proof of payment and demand a paid in full letter from them. Reporting inaccurately is a violation of the FCRA.
i just checked my credit report and the collection hasn't report
i just checked my credit report and the collection hasn't reported anything....for the creditor WAMU still says, charge off. I don't even see the collection agency anywhere on my credit report!
ok next question....should collection agenics be reported on my
ok next question....should collection agenics be reported on my credit report?? I only see on collection ageny on there and I am dealing with 3.
The account I settled I got thrown for a loop. i had not been contacted by this so called CreditMax who had my account so it went to Paramount Recovery Servcies and the 1st phone call i got from these people telling me I only had a week to come up with the money or they would take me to court and garnish my wages(which PA is a non-garnish state, didn't know that at that time) so the pressured me into borrowing money from family to pay...grr!
Most collection agencies are interested in collecting money. The
Most collection agencies are interested in collecting money. They do not report and are not required to. If they do report a negative they must also report a positive. There reporting can't be used as a tool of intimidation either.