Moderator Emeritus
Posts: 32,865
Registered: ‎08-04-2007
Re: Please respond!!

OP, if the CA was updating regularly, then paying it will not have any more of a negative impact that what is showing now. Even if they never updated since first reporting in January, 10 months is a short period of time and I wouldn't foresee any score change. Generally you do not see any score change when paying a CA. 


The "factoring company account" mention is benign. It's another term for a CA. FICO ignores it and lenders would still know that it is a CA.


Per the FDCPA, the only thing the CA needed to provide is the balance, the OC name, contact info, and a copy of the judgment if sued. They don't need to send anything else, though you can certainly ask for it.


Send a GW to this CA.