Double Credit Report Listings
Date: Tue, 06/29/2010 - 13:57
If a credit card goes to CA and the card company does a charge off and both the card company and the CA put the accounts on your reports?
Yes, even if your account goes to collections, or is charged off
Yes, even if your account goes to collections, or is charged off, both the original creditor and the collection agency will be listed there on your credit report. However, the original creditor will have to report the account as closed, with zero balance. The collection agency will report the account with the balance owed. The collection agency will also be able to add interest, and other fees (as applicable) onto the existing debt amount.
