CA and Original Creditor both reporting?

Anonymous · ‎08-24-2010

Hello,

I have an issue with an old utility debt being reported on my credit reports. On EX/TU it is being reported open under the collection agency (NCO), however on EQ it is being reported monthly by the original company (NAT GRID).. I'm 90% sure I can get rid of the NCO entries, but not sure how to deal with the OC reporting on EQ..

I have already DV'ed the CA and have gotten no response. Should I DV the OC also?

Any advice?

TIA

fused · ‎08-24-2010

Moving to rebuilding credit forum.

ssghandless · ‎08-24-2010

I know you dont want to DV the OC if you are still in SOL. That is a No-No. How long for the last DV? If 30 days from the RR then bump up the letter to agitated and include the first letter. I am in the same boat with the OC so any advice from the greats would be appreciated here.

4/5/12 TU-635 Ex-634 Eq-646 (Kroll Fact. Home loan)
9/8/10 TU-654 Ex-627 Eq-638
8/1/10 TU-629 Ex-627 Eq-638

Starting Score: 526
Current Score: 635
Goal Score: 750

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Anonymous · ‎08-24-2010

Actually, I was starting to get impatient as to what was going on, and who owned the debt, so I called the OC to find out who owned the debt.

I explicitly said I did not admit to the debt, but I wanted to know if the debt was owned by the OC or the CA(NCO) ..They basically said that it was sold/given to NCO in December, then they purchased it back in April, and then just sold to NCO again on 8/16. This explains why EX/TU have the record listed as NCO date last reported of 3/28, and EQ listed as NAT GRID with date last reported at 7/31. They also said that soon it will no longer list on my EQ report as NAT GRID, and instead NCO.

Does this make sense to anyone? Would a utility company purchase back a debt after 2 years? I'm curious to see if this is actually true, and my CR will be updated soon with it being listed as NCO and not NAT GRID.