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So I finally worked up the courage to view my Experian report today and saw this under the list of "Current Accounts":
Credit Account - Rent Recovery Solutions
Date Opened: Dec 2011
Date of Last Activity: Jun 2013
Loan Type: Collection Department/Agency/Attorney
Terms: Unknown
Account Type: Installment
Account Holder: Individual
Seven Year Payment History:
30 days late - 0 times
60 days late - 0 times
90+ days late - 5 times (Jun 2013, May 2013, Apr 2013, Mar 2013, Feb 2012)
They are reporting "Ok" payment history from Mar 2012 - Feb 2013. The problem with this is they are already reporting this as a Collection on my report. The balance is at $0 and I never once discussed a payment plan with them. I PiF after trying for months to get a PFD I said forget it and just paid because I needed it at $0 balance to get approval for a new apartment.
Is this legal to double report? Is a CA allowed to report as an installment account? I already had a GW in the mail before I saw this today.
What do you mean to report double?
A CA cannot report as an installlment nor can they report lates. It looks like your report is from myFICO, is that correct?
ETA: Maybe not from myFICO as there is a 7 year payment history.
This CA is already reporting as a Collection and also as an installment account on my EX report. This was pulled from MyFICO and I know that sometimes the MyFICO data can get jumbled up but this is a collection in 2 different places on my report.
Got it.
The CA is in two different places? No, they cannot do that.
I would get a report from the CRA to see what is on there first.