Is it for the same account or do you have another account with them?
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.
It happens and can be disputed. Call you credit card company or credit agencies.
yes, unless the original creditor has been disputed.
You should dispute and have this consolidated with the correct information. Not all creditors or people looking at the credit report would notice this was the same account.
Apparently the dispute may not been handled properly. Your next dispute letter should go to both the credit bureau and original creditor at the same time stating damages. There are sample letters available for you in good books but you must understand the dispute process first. Most consumers cause themselves more damage by not understanding the credit challenge process.
No, it's the same account and the new creditor is simply taking over the same rights as the original creditor.
Yes, they can. But, usually it can be removed by the credit bureau once its proven to be a duplicate entry of 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.
It happens and can be disputed. Call you credit card company or credit agencies.
Same as a regular repo. The creditor may still put the repossession on your credit report and it would stay there for up to seven years. Notice the word "may", because it is at the creditor's discretion...
yes, unless the original creditor has been disputed.
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.
You should dispute and have this consolidated with the correct information. Not all creditors or people looking at the credit report would notice this was the same account.
Apparently the dispute may not been handled properly. Your next dispute letter should go to both the credit bureau and original creditor at the same time stating damages. There are sample letters available for you in good books but you must understand the dispute process first. Most consumers cause themselves more damage by not understanding the credit challenge process.
NO
Yes. The original creditor more than likely put the item on first, then sold the account to a collection company who after unsuccessfully trying to collect the debt reported the item to the credit bureaus. So to you it was the same account or item but now the debt has transferred to a new company.
A credit report tracks your credit reliability based on your history of making payments on your loans and other debts. A credit score is a numeric value based on a weighted formula and your credit history. To find out more on both your credit report and credit score go to http://cashmoneylife.com/credit-score-credit-report-difference/