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Unpaid collection

Regular Contributor

Unpaid collection

Hi everyone... 

I have an unpaid collection that is being reported on only 1 credit agency. I'm afraid if I contact and try to pay they will resend to all 3. Is that possible? Or some places just report to 1 and not the others? thank you!

Message 1 of 6
5 REPLIES
Valued Contributor

Re: Unpaid collection


Rein wrote:

Hi everyone... 

I have an unpaid collection that is being reported on only 1 credit agency. I'm afraid if I contact and try to pay they will resend to all 3. Is that possible? Or some places just report to 1 and not the others? thank you!


I doubt if you make any activity that they will all of a sudden decide to report to all three agencys

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Message 2 of 6
Regular Contributor

Re: Unpaid collection

Thx. I hope they won't start reporting because I want to get it paid. I'm just being super paranoid. I cleaned up what's on equifax then I pulled up transunion, all new collections  are on there. It just seems like this will never end! Good credit seems farther and farther away. 

Message 3 of 6
Community Leader
Legendary Contributor

Re: Unpaid collection

They most likely have a reporting agreement with only the one CRA.

 

Regardless, reporting to a CRA is primarily a way to put additional collection pressure on the consumer.

If you are willing to pay, then offering them payment in exchange for a "pay for not reporting" agreement might be accepted.

 

Message 4 of 6
Valued Contributor

Re: Unpaid collection


beb86 wrote:

Rein wrote:

Hi everyone... 

I have an unpaid collection that is being reported on only 1 credit agency. I'm afraid if I contact and try to pay they will resend to all 3. Is that possible? Or some places just report to 1 and not the others? thank you!


I doubt if you make any activity that they will all of a sudden decide to report to all three agencys


I disagree with this statement. I will use a personal example. I had a debt reporting on just TU -- I contacted them and paid the debt, hoping to GW it later...

 

They reported the settlement to all three agencies... just because they may have only had a contract with, for example, TU in 2007 doesn't mean they don't have all three now. By paying it, it triggered their electronic system to show it was paid, and it reported on all three.

 

-scott

 

 

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 09/14: TU: 784 | EQ: 752 | EX: 784
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession


Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $13900, Citi/Home Depot $8500, Capital One Cash Rewards $3500, BOA $7500 Total Utilization: 3%. AAoA: 2yr, 9mth. INQS: 1 TU, 1 EQ, 3 EX
Message 5 of 6
New Contributor

Re: Unpaid collection

I just recently dealt with this. I had disputed an account that I was only an AU on. It is not my account, never has been, so I disputed via the CRAs first. It was only reporting on TU & EQ. However, during the dispute investigation, I got an alert from USAA and low & behold, the account was now reporting on EX.

 

I don't think that this is typical, but I think it is one of the YMMV type of deals depending on the CA.

Officially in the garden...for like, EVER (or at least a really long time)


Starting Score: TU: 636 EQ: ?? EX: ??
Current Score:TU: 641 EQ: 643 EX: ??
Goal Score: 700s Across the Board


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Message 6 of 6