That's not what actually happens, even though it appears that way. When a collection agency rep. calls you about repayment, they will seldom (if ever) use the "real" company name. The reason being, if they violate federal collection laws, they want to make it as difficult as possible for you to file a complaint. This is why, if the law allows it in your state, you should tape all calls from collection agencies.
You pay the collection agency.
usually this is because the original lender sold the account to a new lender which takes on the loan/debt, but the paper trail is still left on a persons credit report. If a company goes out of business they also liquidate their assets/accounts to another creditor. It also can be because the person did not pay on the account and it was sold to another creditor or a collection company. The most rare case would be that there is a mistake on a persons credit file and should contact the credit report company.
Yep! If the ambulance company turns your account over to a collection agency that agency might report the collection on your credit. Medical collections are the most common type of collection on a credit report.
Most business reports have a purpose; either designated by the company or organization or an individual making a report personally. A business report should start with the purpose of the report. The body of the business report should contain the information related to that purpose.Only if designated by the company or organization to do so should a report start with a conclusion. The vast majority of business reports are pre-formatted by those who require the information in the report.
Most business reports have a purpose; either designated by the company or organization or an individual making a report personally. A business report should start with the purpose of the report. Only if designated by the company or organization to do so should a report start with a conclusion. The vast majority of business reports are pre-formatted by those who require the information in the report.
Contact the State Division of Banking in the state the company is located in.
The BBB aka Better Business Bureau
A business report is needed in most companies. This is the way that the company can keep track of their expenses and other important information.
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.
go to another company.
It is possible.
Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.