indigodreamer wrote:
Hello fico family,
I was looking at my credit report today and I realized the same accounts are posted two and three times. If an account gets transferred does the original stay on your report? Thanks a bundle
~Erica
It depends.
Is this a collection? A mortgage? What is reporting and who is reporting it?
If you have a mortgage and it is sold, both the original lender's entry will appear and should state sold and the current holder will show.
If a collection, the OC can report and 1 collection agency can.
