COMPANIES TEND TO MAKE MISTAKES WHEN IT COMES TO DEBTS APPEAR ON YOUR CREDIT REPRT MORE THEN ONCE. THE BEST THING TO DO IS CONTACT THIS CREDITOR AND HAVE THEM REMOVE THE EXTRA DEBT BY REPORTING IT TO THE BUREAUS. THEY WILL INFORM YOU ON WHAT NEEDS TO BE DONE.
IT IS NOT ILEGAL FOR ANYONE TO HAVE A DEBT SHOW UP TWICE ON THEIR CREDIT REPORT. THE BEST THING TO DO IS CALL THE CREDITOR OR COLLECTION AGENCY THAT THIS DEBT IS UNDER AND HAVE THEM REMOVE THE EXTRA INFORMATION OFF OF YOUR CREDIT REPORT. ASK THEM TO REPORT IT TO THE BUREAUS IN ORDER FOR THIS TO BE RESOLVED.
no.This is in violation of The Fair Credit Act and The Fair Debt Collection Act.Report this to the FTC and your state attorney office.then look for a lawyer to sue them.
It happens and can be disputed. Call you credit card company or credit agencies.
Is it for the same account or do you have another account with them?
Don't make a payment from a credit report point of view, its the last date of activities in other words the last date you made the payment. They can report this from 7 years of the last payment. Keep in mind that you have the right to challenge double entries on your credit report e.g Collection and Creditors reporting twice and many collections attempt to get you to make a payment in order to extend this time. Don't if its been over two years it does not affect your credit score as much and if you are attempting to get a mortgage, pay that debt in escrow at closing. Source: Credit Bible by Phil Turner
To have a judgment placed on someone's credit report, you need to first obtain a court judgment against them for a debt owed. You can then request that the credit bureaus add the judgment to the individual's credit report. The credit bureaus will typically verify the information with the court before including it on the report.
You can obtain your credit report for free through your credit card company twice a year. You can also request your credit history through equifax, transunion, or experian for a small fee.
No, it's the same account and the new creditor is simply taking over the same rights as the original creditor.
Some people wonder whether they really need to keep an eye on their credit report. They wonder whether it is necessary to check their credit score, credit report, and other relevant information. The truth of the matter is that you should check this information every couple of months. The more you check it, the smaller the chance that something bad can go unnoticed. When dealing with issues on your credit report, time is of the essence. The sooner you find out about things, the more likely it is that you can get those things taken off of your report.
Most lenders report once or twice a month to the credit reporting agencies and usually on a specific date. This date depends entirely on the lender. So, it can take anywhere from one to thirty-one days.
8 out of 10 people have negative, errors or derogotory items on their credit report. This can be disputed.As I was reading this question, it could be a timing difference between when each credit card reports your debt. It can either be cleared up in the month or if it is a debt that went into collections then see paragraph above.
Most creditor/clients of the CRA's report monthly via automated tapes. Some creditors report sporatically, some never report. Some only report when you are late, like utility companies. Most creditors report on a 30 days cycle, but that isn't always the beginning or ending of the month. It will also take some time to report on your credit report. So probably you are looking at a 60 days turn around on most late payments.