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Wouldn't they want a money order or cashier's check?

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16y ago

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What are acceptable explanations for late payments on a credit report?

There are NO acceptable excuses.


Can you still make minimal payments if bad credit card debt has already been turned over to collection agencies and or a law firm?

no


Can collection agencies remove items from your credit report?

No, collection agencies cannot remove items from your credit report. Only the credit bureaus or the original creditor can remove negative items from your credit report.


Can a minor hurt their credit score with an overdue library fee?

No. A library fine is not reported to credit agencies. Late payments on a credit card or mortgage are reported to credit agencies.


What are the names of some debt collection agencies?

A few debt collection agencies to check out are: Credit Bureau Collections Ltd, Collection Systems Canada Corp, Direct Collect, Global Collection Consultants and National Credit Recovery Inc.


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How do collection agencies report to credit bureaus?

Collection agencies notify all the credit bureaus electronically concerning the delinquency amount of the debt and number of days outstanding every 30 days.


Can collection agencies sue you in Canada for your credit card bebts in us?

no


How do you find out what collection agency you owe to?

An easy way to find out what collection agencies you owe money to is by pulling your credit report. Credit reports will list balances with all creditors as well as if any balances were turned over to collection agencies.


What happens to charged off credit cards?

They are sold to collection agencies and negatively impact your credit report.


Can credit card collection agencies seize your home?

No but they can put a lean on your house


What are some well known collection agencies in Ontario?

Some of the well known collection agencies in Ontario are PSI collection agency, Credit Bureau Collections, and Canadian Express Collection Agency. There are more, but these are the most common.