I received an alert from credit sesame. I checked my account and I have two collections that posted today. I haven't received any other indication of these accounts, I didn't receive a dunning letter. I am planning to purchase a very badly need vehicle in the next month and I'm afraid this will ruin my chances.
What should I do? Should I apply for auto credit before it makes it to my other reports? Thank you for your help in advance.
I'd pull all 3 reports to see if they reported. I would also take steps now. They don't have to send a dunning before reporting, but must send one now since they just engaged in collection activity. I would send a DV letter ASAP.
Get those DVs out, they would be considered timely at this time.