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Question about old collections

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Anonymous
Not applicable

Question about old collections

is it the norm for CRA's to both report the original creditor and the collection agency who took over the account even after its paid off for 3 years? is this a double hit to my score or is it seen as one account?

Message 1 of 4
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DI
Super Contributor

Re: Question about old collections


@Anonymous wrote:

is it the norm for CRA's to both report the original creditor and the collection agency who took over the account even after its paid off for 3 years? is this a double hit to my score or is it seen as one account?


Yes, it's normal, but they both cannot report the history of the account.  Since the collection agencey have the account only they can report the history. 

Message 2 of 4
fused
Moderator Emeritus

Re: Question about old collections

Moving this thread to the General Credit Topics Forum.

Message 3 of 4
DI
Super Contributor

Re: Question about old collections

OP I hope I answered your question before it got moved.  I normally don't come to General Credit and Rebuilding Credit  threads.  Those threads brings back unpleasant memories during the time I went through the rebuilding process in 2009. Goodluck!

Message 4 of 4
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