0
I had an account in collection with afni over 7year ago in Ga.It was on my report than it drop off my report.To my surprise it has showed up again in 2008.Can they do that?
Wiki User
∙ 15y ago
No, it's an illegal tactic called re-aging. Sleazy collection agencies like AFNI do that type of thing all the time.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is an open collection account?
A collection account that has not been paid off.
What is a Derogatory public record or collection?
== == A Deragatory record is an account that has had a history of late payments. A collection account is an account that was not paid on time or at all, and was closed by the creditor and sold to a collection agency.
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
Can collection agencies freeze your savings account?
No, collection agencies do not have any right to freeze your savings account. Only banks have the right to freeze your account but depends on the nature of the default.
What is considered an active a collection account?
An active collection account is a debt that a company is attempting to collect. This continues until all avenues are exhausted.
How much will removal of incorrect collection account increase fico score?
How much will removal of incorrect collection account increase fico score?
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 collection judgment freeze your bank account?
Yes, a collection judgment can freeze a bank account. A court order is required. If a bank account is frozen, it cannot be used until the debt is paid.
What do you do if an account was turned over to a collection agency but the original creditor accepted your payment in full?
Contact the original creditor. Provide proof of your payment. They need to retract the account from the collection agency. The account could have been sold to the collection agency or simply assigned to them. For your purposes, it does not matter which situation applies. You paid the original creditor and your credit report needs to reflect this. After they do what they need to do to get the account back; you then dispute the entries with all three credit bureaus. The original account should show as a paid collection and the other collection account should be removed from your credit report entirely.
Can a collection agency pull your credit?
No! ###### Yes if they have permissable perpose to do so (ie: Collection On Your Account)
Can collection agencies garnish or seize your checking account?
no
Can my account be sold to another collection agency?
Yes.
