The appearance would depend upon whether or not a lawsuit was filed and granted.
The original credit card account should appear on your credit, its' delinquent status, history, Date of Last Activity (DLA), zero balance and some indication of sold or transferred.
The collection agency account will comprise a 2nd listing, referencing back to the original account and contain the current balance, the DLA (which should NOT have changed), and the dates the track when the account came to be in their possession.
If a suit is filed and judgment is granted against you; that would comprise a third listing of this account on your credit report. This would appear in the public records portion of your credit and have the starting date of when the judgment was filed. It has its' own length of time for reporting purposes and would need a legal disposition (a satisfaction of judgment) in order for it be closed.
Once a judgment is granted against a consumer, creditors may then undertake any legal remedies available under (your) state's laws. These include wage garnishment, freezing of bank accounts and attaching liens to real property.
Yes.
No the collection will not be removed from the credit report. They will show it paid in full.
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.
Yes the second collection will be placed on the credit report. But they will remove the first collection agency off the report. In some states it is against the law to be double billed by two collection agency for the same debt.
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.
Yes.
No.
No the collection will not be removed from the credit report. They will show it paid in full.
Unless you have given a collection agency written permission to pull a full credit report they are in violation of credit laws.
File a dispute with the credit reporting agency.
A collection agency can report you to the credit bureau for any amount of money. There are agencies that will report for amounts under a hundred dollars.
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.
It wount be a collection aggency. But the city can put a judgment on your credit report that will effect your credit score.
Only the credit bureaus the collection agency can remove a collection from your credit report. The collection agency won't do it now since it is paid and they have no reason to. You can dispute it to the credit bureaus and ask for verification on the account. They will have 30 days to verify the items or it must be removed from your 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.
no.
Yes the second collection will be placed on the credit report. But they will remove the first collection agency off the report. In some states it is against the law to be double billed by two collection agency for the same debt.