Credit Reporting Agencies
Date: Fri, 08/20/2010 - 09:46
I was looking at my credit report from all three reporting agencies. I was denied credit (from a loan company) because of an outstanding debt on my credit report.
TranUnion (the only one it was listed on) reported that I had an account from ARS and it had not been paid on for a year or more. I do not know of such a debt...I have never received anything from this company. My question is do collection agencies (which I'm assuming this is) have to show proof of a letter or some form of contact before they place a bad account on my credit report? Why would it be on just one reporting agency and not all three?? Thank-you for you answers..
TranUnion (the only one it was listed on) reported that I had an account from ARS and it had not been paid on for a year or more. I do not know of such a debt...I have never received anything from this company. My question is do collection agencies (which I'm assuming this is) have to show proof of a letter or some form of contact before they place a bad account on my credit report? Why would it be on just one reporting agency and not all three?? Thank-you for you answers..
Some creditors and/or collection agencies only report to one or
Some creditors and/or collection agencies only report to one or two of the bureaus. Your best bet is to pull the contact info for this company from your report and contact them. Ask them to send you a letter of collection and then respond with a DV letter.
Have your credit report showing the name of ARS? If so, then let
Have your credit report showing the name of ARS? If so, then let me tell you that ARS Inc. is a collection agency. I think the agency name is Associated Recovery Systems. HAs ARS contacted you for this debt?
As OhioGal has advised, send a letter to them from the contact info on your credit report and ask them to send you a collection letter. And then you can dispute the debt.
