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If a bill is sent to a collection agency will it go on your credit report?
Wiki User
∙ 16y ago
Yes it will go on your credit report. It will usually appear as a "charge-off" if it has been sent to a collection agency. ***
Typicallly the answer is yes. It really depends on what the subscriber (the own of the debt) chooses to report. They may or may not report the debt to the Credit Reporting Agencies. They usually do, but I've seen it go both ways. If the debt is already on your credit report, get the debt paid in full (try to avoid a "settlement"). Then request (in writing, return receipt requested) that the original creditor report the debt "paid as agreed". This can positively impact your credit score. If consumers would take the initiative to communicate (in writing) with their creditors when they first encounter financial difficulty, the demand for collection agencies and bill collectors would significantly diminish.
Wiki User
∙ 16y ago
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How long does a paid collection bill stay on your credit report?
Seven years.
How do you remove a unpaid phone bill off credit report after nine years?
Write a letter to the credit agency. I will warn you that getting things changed on the credit report is hard. They often don't do it even after several attempts.
Report an unpaid bill to credit bureau?
How do I report an unpaid bill to a credit bureau?
What is the time limit imposed on a collection agency to validate a debt?
If you legally incurred the debt then you are responsible for it until it is paid. A company other than the company to which you were originally indebted may purchase the rights to your debt and you are responsible for paying them. There is no time limit on that debt. A collection agency can legally pursue you until the debt is paid in full. However, there is a time limit on the negative consequences of not paying the debt. In most circumstances that limit is seven years. Seven years from the time you became delinquent with your original creditor. Whether or not your debt was purchased by a collection agency, it should not be reported on your credit report or affect your credit score after seven years. The only time the debt could reappear is if you take an action on it. For example: In 1997 you applied for and received a store credit card and charged $1000 in merchandise. You did not pay the bill and after their attempts to collect the debt fail, the store sells your debt to a collection agency in 1998. That agency sells your debt to another agency in 2000. In the meantime, you pay all your bills on time and have an otherwise spotless credit history. In 2004 your $1000 debt will no longer appear on your credit report and your credit score will be higher because the old debt is no longer figured in the calculation. The collection agency is not doing anything illegal by contacting you regarding your debt. But it is no longer affecting your credit rating. In 2007 you pay $500 toward the debt. Your credit report would reflect you have a $500 debt to the collection agency and your credit score would drop. I hope this answered your question.
Do you have to pay a bill from the collection agency for their collection fee when you paid your original bill in full directly to the company?
No, if the OC accepted your payment then it's case closed
If one collection agency fails to collect a medical bill and sell it to another agency how long will the bill stay on a credit report?
seven years
I have a collection for a doctor's bill from 2003 on my credit report I just noticed that they reposted the same bill on my credit report and changed the date to 2008. Can they do that?
sounds like might have sold the account to another collection agency--dispute it after the 7 years is up to get it removed
Can a collection be taken off of a credit report if a payment plan is arranged?
Usually the collection agency won't take it off until the bill is paid in full.
If you were a minor and you have an unpaid medical bill can it legally be sent to a collection agency and then held against you when you turn 18?
No. If the bill was incurred when you were a minor, then the bill is your parent's responsibility. It would be illegal to put it on your credit report.
Can I get a medical collection removed from my credit report if I never got a bill because they did not put my apartment number on my bill and the bill has been paid after being sent to collection?
Yes you can have it removed from your credit report. I had a similar issue with a medical bill. It was never delivered to me by the hospital or collection agency. I called the agency and explained this. They said I could pay it off and they would have it deleted from my record. They also said they will contact the credit bureaus to clear it off their records too. This happened earlier this month. I went to Equifax and disputed the collection on there end afterwards to make sure it gets taken care of. I'm just waiting to get confirmation now.
How long does a paid collection bill stay on your credit report?
Seven years.
Should you pay a phone bill that is eight years old and a collections agency is trying to collect?
== == Make sure that you get your most recent credit report. You can go to AnnualCreditReport.com, and pull a three bureau credit report for free. Once you have your report check to see what the Date of Last Activity is on that collection account. This will determine if you have a collection that is older then the statue of limitation.
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
Can a collection agency report you to a credit bureau if you are making payments to the creditor?
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.
If you don't pay a medical bill does it go on your credit?
Yes, they will have you taken to a collection agency and that in itself is a bad mark on your credit.
Can you report a tenant who broke lease and owes 2 months lease?
An individual landlord is not able to directly report a tenant to a consumer credit reporting agency such as Experian. If you decide not to obtain a judgment in small claims court, then you can turn the account over to a collection agency, who is able to report the outstanding debt. However, the collection agency will get 30%-50% of amounts they collect. If you do obtain a judgment, it is a public record and reported to the consumer credit bureaus automatically. Actually a landlord can report debt as a collection account for less than $20 per debtor. Check out my blog at www.thelandlorddoctor.com or contact me at Bill@thelandlorddoctor.com
How long do unpaid medical bills stay on your credit report?
Like other late payments reported to a credit reporting agency, an unpaid medical bill may stay on a credit report for up to seven years.
