Collections reappearing and dropping my score for 3rd-4th time.

[mwmiller82]

I had a question about a possible reaging or if this is legal to do and what can I do about it. 

About a year and a half ago the OC posted negative on my account that I owed them. The company name is Eversource. When they didn't get anywhere with that a in house collection company named "10 Eversource" went on my report about 6 months later, again dropping my score. Then it was sold to "Credit Coll" then October of last year it dropped off my credit report, and yesterday it reappeared as "Radius Global " and like before, my score dropped 20 points.

Is this legal? And if so how? Can a collections company keep changing the open date and the keep dropping my score purposely?  This is ridiculous.

Please help if you have and knowledge with this.

Thank You

[Anonymous]

If the account is being sold to new collectors, then it is legal. An agency who purchases the account has the right to report. When it is sold, the CA who sells it must remove themselves promptly from your reports as they have no further legal interest in the debt. 

It is not being reaged though. The new open date you're seeing is the date the current collector opened the collection. Your DoFD stays the same and nothing is allowed to change that. Even if the debt is sold another 30 times, it'll still fall off seven years after first delinquency.

[mwmiller82]

Thank You. 

[RSX]

Do you have an option to Settle it or PIF?

[mwmiller82]

I haven't seen a bill from this creditor, and it says the account was opened in December,  now in February it's posted to my credit file. 

I can pay in full,  but this option wasn't offered yet since I seen anything from them. 

[RSX]

It's possible they have an old/incorrect address due to it bouncing to more than 1 creditor

i would look up the company and give them a call.   I wouldn't wait for them to reach out if you have the opportunity to PIF and get this settled sooner rather than later.