One year. Then, after it goes to a collection agency.. it is like a bunch of frenzied sharks..who will harrass you for decades! One place I would like to send you. I found out a couple of things in an ebook. It is "Beat the Collector" by Jack Tories. I made a few calls to verify the information and found it to be correct. I am now going to give the collection agency a dose of their own medicine!
if a collection agency has not bought out my debt from the original company can the collection agency look up my credit report?
No. Once it is sent to a collection agency the company has closed the credit card.
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.
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.
My guess is that company was a collection agency? Never give anyone your bank info, or credit card info. If the company was a legitimate company you were doing business with and you did not authorize payment dispute the charge with your credit card company.
You pay the collection agency.
if you pay the collection agency you can get back in good credit standings , ifyou dont they can get a judgment against you, and garnish your wadges , if they do a charge off it stays on your credit for up to 10 years know and it is harder to get credit with a charge off
File a dispute with the credit reporting agency.
If you have a collection agency working for the credit card company then it is them you need to make payments too as it is now too late to pay the credit card company. They have sold the debt to the collection company and you will have to pay any charges on top of the debt now also. Try not to let it get that far in future, but that's easier said than done.
A collection agency cannot charge-off an already charged-off account. The reporting of the STATUS of the account AS a charge-off can be reported every time they update with the credit bureaus. The 'date of status' must be the date of the ORIGINAL charge-off.