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Can a collection agency legally inquire on your credit report more than once in the same month?
Wiki User
∙ 8y ago
They can do this as many times as they want. This is how they ruin your credit. Every time someone requests your credit report, you lose 2 points. 10 times= -20 points and as you can see this can add up, because they have people that this all they do, is credit report request.
- actually, There are several types of inquires that can be made on your credit bureaus. If a collector uses an inquiry to find you or see what your financial status currently is AND does it under the guise of checking for issuance of new credit, the collector can be severely punished both in civil and criminal court. The type of inquiry you were asking about falls under a type that is not reported to anyone but you. You will see these when you look at your own credit report but no one else will see it and these inquiries do not affect your credit.
Wiki User
∙ 8y ago
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How many times can a collection agency inquire on your credit report?
Unless you have given a collection agency written permission to pull a full credit report they are in violation of credit laws.
Can a debt collection agency legally identify themselves a 'collection agency' when placing inquiries on your credit report when the debt in question was charged off over a decade ago?
No.
How do you find out from a collection agency who sent you to them for collection when you never was notified that you were in collection you discovered it on your credit report?
File a dispute with the credit reporting agency.
If you settle an old credit card debt with a collection agency paying the negotiated price in full will the collection agency remove the collection from your credit report?
No the collection will not be removed from the credit report. They will show it paid in full.
What does a collection agency do to your credit?
They don't do anything. Failure to pay bills causes credit to be reported badly and your credit score to go down. All a collection agency does is go after you for the money.
How can you mend your credit after a paid collection?
Only the credit bureaus the collection agency can remove a collection from your credit report. The collection agency won't do it now since it is paid and they have no reason to. You can dispute it to the credit bureaus and ask for verification on the account. They will have 30 days to verify the items or it must be removed from your credit report.
Can a collection agency collect interest on your debt?
Yes, Collection agency can do that. But contact a good collection agency like Guardian Credit Services, they know will how to deal with customers to get money
What happens if you do not pay a collection agency?
if a collection agency isn't paid, the debt can be put on a persons credit report. The collection agency can also choose to garnish a persons paycheck.
Legally can a collection agency pull your credit report without permission?
I have one colletion agency that has pulled my credit report. I really felt violated. He started telling me about all the stuff on there .. and that I should be able to pay. Either I pay it off in the next 6 months or I'll be sent to court. Is what he is doing legal? Thanks! Legally, no. Check out the below link http://www.creditinfocenter.com/wordpress/2008/08/06/can-collection-agencies-pull-your-credit-report/
What does it mean when your credit report states that you have a paid closed collection account on you credit report?
The original account with a normal credit company went to a third party collection agency. Only after it went to the collection agency was the debt paid and then the account closed.
Can a collection agency continue to report a collection account to the credit bureau after the account is sold to another collection agency?
No, once a collection agency relinquishes their claim to the account by selling it they must remove all negative trade lines related to that account from your credit reports. Hope this helps ST
Who is ICC collections?
Interstate Credit Control - they are a collection agency
