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Can a collection agency report you to a credit bureau if you are making payments to the creditor?
Wiki User
∙ 8y ago
Yes, they can. However, most don't provided you make a payment agreement with them and honor it until the bill is paid in full.
Wiki User
∙ 8y ago
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How can you remove a late fee from your credit report if you are caught up with your payments?
Your creditor and the credit bureau are the only ones that can remove late payments. Try contacting your creditor and see if they will do it under goodwill, they sometimes will. You can also dispute it to the credit bureaus and see if they will remove it that way.
How can on time rent payments be reported to a credit bureau?
Only clients of a credit reporting agency may "report" credit information. Rent payments, therefore, are typically excluded.
How can you get a paid collection off your credit report?
You have 3 options: You can write a letter of dispute to the credit reporting agency. By law the CRA has 30 days to verify the item in question. If they are unable to verify, the account is shielded from view on that credit bureau. You can request that the original creditor or collection agency withdraw the account from the credit bureaus. This is generally not accomplished on accounts that have already been paid. You can wait 7 years from the time the account was last used for it to be shielded from view.
How can you remove a paid collection?
There are 2 ways to remove a collection off your credit report. Either by the original creditor or by the credit bureau. The creditor will most likely not help you unless it was negotiated before you paid them off. You can dispute the debt to the credit bureaus and they must investigate it. If it isn't verified with in 30 days it will be removed from your credit report.
Can you ask your creditor to report new balances to the credit bureau?
No.
Can a collection agency report you to the credit bureau if you are making monthly payments on your medical bill?
If the debt was properly assigned by the original creditor, yes. If you are making payments to the Original creditor than ask them to pull it back from there Collection agency, then dispute with the CRA's and when they update it should delete
How does a company report someone to the credit bureau?
The original creditor either sells the debt to a collection agency or the collection agency may aquire the debt on a contingency basis. At any rate once the account is in collections 30 days from the date of turn over the collection agency has the right to report the account to the credit bureau. Accounts are sent to the credit bureau via internet with encrypted files.
If a debt has been paid to the original creditor and they recall it from their collection agency will a dispute succeed in having it removed from the credit report?
Hard to say. Disputing the collection after you pay off the creditor could still come back as 'verified' from the credit bureaus simply because the collection did happen. If the collection agency does not respond to the credit bureau's query, then the entry will be removed.
Can a debt be classified as a judgment if you made a payment and the collection agency contacted you and you showed proof of payment and are paying the remaining balance?
if collection agency is not from your lender, but third party, then you need to fax them proof of your payments to your lender or financial insitution and have them send you a letter stating that they will not report you to credit bureau. and also have them contact the collection agency you are making payments. asian623 http://www.myspace.com/scionturboracing
Is there a dollar amount for collection agency's to report to the credit bureau?
A collection agency can report you to the credit bureau for any amount of money. There are agencies that will report for amounts under a hundred dollars.
What are some well known collection agencies in Ontario?
Some of the well known collection agencies in Ontario are PSI collection agency, Credit Bureau Collections, and Canadian Express Collection Agency. There are more, but these are the most common.
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
How can you remove a late fee from your credit report if you are caught up with your payments?
Your creditor and the credit bureau are the only ones that can remove late payments. Try contacting your creditor and see if they will do it under goodwill, they sometimes will. You can also dispute it to the credit bureaus and see if they will remove it that way.
How can on time rent payments be reported to a credit bureau?
Only clients of a credit reporting agency may "report" credit information. Rent payments, therefore, are typically excluded.
Is there any way to remove 4-year old late payments from your credit report?
AnswerLate payments can only be removed by the creditor who placed them on there or the credit bureau reporting them. You can contact the creditor and based on goodwill or negotiated a payment, they will sometimes remove the late payments. You can ask for verification from the credit bureaus on them and if they aren't verified with in 30 days, they must be removed from your credit report.
If vehicle was repossessed in 2004 but ex spouse stopped paying consistently in 1999 What date must the collection agency report to the credit bureau?
The collection agency typically does not report to the credit bureaus, the original lender does. Lenders report to the bureaus, collection agencies collect on delinquent debt.
How can you get a paid collection off your credit report?
You have 3 options: You can write a letter of dispute to the credit reporting agency. By law the CRA has 30 days to verify the item in question. If they are unable to verify, the account is shielded from view on that credit bureau. You can request that the original creditor or collection agency withdraw the account from the credit bureaus. This is generally not accomplished on accounts that have already been paid. You can wait 7 years from the time the account was last used for it to be shielded from view.
