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Original Creditor Reporting Late

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destiny36912
New Contributor

Original Creditor Reporting Late

Can an orignal creditor continue to report an old late charge after the account is sold to a collection agency?


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MarineVietVet
Moderator Emeritus

Re: Original Creditor Reporting Late


@destiny36912 wrote:

Can an orignal creditor continue to report an old late charge after the account is sold to a collection agency?


Yes they can because those lates happened while the OC still owned the account. But the OC has to show a zero balance owed to them once they sell to a CA.

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