Consumers don't report their own credit history to credit reporting agencies - Lenders do. However, you can file a consumer alert with each of the agencies that will put your statement on file.
Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.
Get a copy of your credit report from all three bureaus. You can get a free copy each year. This report will tell you all of the collection accounts that are currently reported, and to which of the credit bureaus they are being reported to.
The three credit report agencies in the United States are Equifax, TransUnion and Experian. All three are obligated to send one free credit report to those who request it once per year. Additional credit reports can be obtained for free from Annual Credit Report.
Dispute them with the credit bureaus.
The collection agency typically does not report to the credit bureaus, the original lender does. Lenders report to the bureaus, collection agencies collect on delinquent debt.
Only the collection agency or the credit bureaus can remove a collection off a credit report. You can negotiate the removal of the collection off the credit report upon final payment of the debt owed. Some collection agencies have policies against this, some don't. You can also redispute it to the credit bureaus as many times as they will let you. It has a higher chance of being removed if it is paid off and an older account.
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.
Your credit report is put together by the credit bureaus who collect information about you and the way you repay debt from several sources including creditors, collection agencies, and third party providers like Lexis Nexis.
Most likely, it means that you have a chance to pay them before they report the collection on the bureaus. Credit grantors and collection agencies have to pay to place entries onto your credit bureau files and update them. It makes sense that a company would give you a chance to pay the debt prior to incurring additional expenses.
This article has links at the bottom for to dispute a credit error for each of the 3 credit agencies. http://www.ehow.com/how_2250756_contact-credit-reporting-agencies-online.html
Contact the credit bureaus regarding your business becoming a subscriber/client.
Consumers don't report their own credit history to credit reporting agencies - Lenders do. However, you can file a consumer alert with each of the agencies that will put your statement on file.
yes phone, utilities, hospitals, doctors pretty much anybody with your personal info can report to credit agencies.
Yes they can. And it is quite common for them to do so. They don't normally incur the added expenses of verification until this is requested by ...the credit bureaus in response to a consumer dispute, the consumer directly upon exercising their rights under the Fair Debt Collection Practices Act, or upon court order.
In order to report information to the credit bureaus, a company or individual would have to become a contributing client of the bureaus. There is an expense involved and there are also federal statutes which must be followed. So, for the most part, private individuals do not report to the major credit reporting agencies.
Yes they can and they probably will. if you are concerned about your credit profile, it would not be a good idea to stop paying.