Wow! This is terrible! I wonder why the creditors wouldn't just put it on your CR beforehand? Perhaps they think you're more likely to pay because of your score increase?
I recently had 9 collections come up that I didn’t even know existed. Luckily I was able to settle with all of them and they are paid in full and will not appear.
So you got 9 PFD's?
I am curious who told you about these "trigger reports"?
Not sure why they wouuld have to pay for anything. If you have a creditor or debt collector they can and usually do soft pulls on your reports and can see any activity on your profile.
Yeah it doesn’t surprise me in the least that credit alerts aren’t just for consumers. Since they are already sending alerts to us, it makes perfect sense that the CAs can get alerts as well.
Glad to hear that you were able to get it taken care of. I disagree that you can’t contest this activity though. Medical collections are the most likely to be debts that you are totally unaware of because of all of the different medical groups that are involved — sometimes insurance doesn’t get billed for one, sometimes insurance won’t cover one, sometimes the hospital neglects to send a bill, and sometimes they just flat out don’t bother using the legal route and just send everyone to collections (I’ve had this happen three times). Springing medical debt on someone out of nowhere should be illegal — you know you have that $2500 Verizon bill but you may not have known that you had a doctor that wasn’t included in the bill to the insurance company.
I did a quick Google and came up with this right away. Looks like this is not a new thing (article from 2007).
Interesting, learn something new everyday. Although I suspected something like this may happen, as no one wants to not get paid.
And I believe that I've had this happen to me, since I recently paid off a Loan. Got a letter for a judgement from an old Medical bill but listed no date. So it has to be from several years back, as I've been pretty proactive with my credit the last few years.
So they must have been sitting on this for a while, waiting for the right time. Nothing has hit my CR yet though.
I wonder if they're just fishing.