Credit Cards Center Credit cards from our partners
Reply
Regular Contributor
Posts: 122
Registered: ‎10-29-2012
0

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!

Valued Contributor
Posts: 1,115
Registered: ‎10-31-2011
0

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

ccpics2.jpg
Regular Contributor
Posts: 122
Registered: ‎10-29-2012
0

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. 

Community Leader
Epic Contributor
Posts: 26,523
Registered: ‎03-19-2007
0

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.

 

Valued Contributor
Posts: 2,669
Registered: ‎04-25-2011
0

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
New Contributor
Posts: 56
Registered: ‎12-30-2012
0

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


Take the myFICO Fitness Challenge

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.