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Can a creditor change a Co to a Collection?

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Anonymous
Not applicable

Can a creditor change a Co to a Collection?

Can a creditor change a CO to a collection if I'm making payments on as arranged?.  The reason I asked is because the original creditor is not updating the balance I owe to the big 3.   I have disputed it but haven't heard back.    I asked this in a earlier post but still need an answer...     Are not the creditor required to send in correct balance due to the big 3  in timely manner?   And what is considered a timely manner?   Orginal creditor is 4 months behind (at least).  
Message 1 of 7
6 REPLIES 6
Tuscani
Moderator Emeritus

Re: Can a creditor change a Co to a Collection?

Just to clarify.. The OC is reporting a charge off.. and the CA is reporting a collection right?
 
They both can report.. however, the OC must report as 0 balance transferred sold.
Message 2 of 7
Anonymous
Not applicable

Re: Can a creditor change a Co to a Collection?

No, only thr Oc is reporting as a Co.  The CA  (OMS) is not reporting because they said that Dell must update the payments.   And Dell won't talk to me.  They say is a credit lock.   I'm worried if I push it, Dell willchange the staus to CO even though I'm making payments as agreed.
Message 3 of 7
Anonymous
Not applicable

Re: Can a creditor change a Co to a Collection?

And Dell is behind at least 3 months in reoprting payments to the big 3.  And that is effecting my balance owed.
Message 4 of 7
Anonymous
Not applicable

Re: Can a creditor change a Co to a Collection?

Sorry about the typos.    And when I call OMS (Oxford Management Syatems) they just say Dell is behind   I have disputed and sent the big 3 my statements but so far no action has been taken.
Message 5 of 7
Tuscani
Moderator Emeritus

Re: Can a creditor change a Co to a Collection?

Dell is always behind on reporting.. they can't CO the account if you are making payments.
Message 6 of 7
Anonymous
Not applicable

Re: Can a creditor change a Co to a Collection?

I'm making payments to OMS and they post it in the sytem.   They said that Dell can look in the sytem anytime.    How can it be a CO but my blocks for the last several months are green (pays as agree) buit they won't timely update.   Aren't they suppose to update timely?
Message 7 of 7
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