purchased by another lender

[crapandgarbage]

what exactly does purchased by another lender mean?

can i ask the purchase price?

can the oc and new lender both report to the cra's?

[Anonymous]

The OC sold it

Yes, they can both be on your CR - the OC must be as chargedoff / sold and $0 balance.

(SOMEONE please correct me if I am wrong)

The new owner now has the debt so they should be reporting the balance.