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CA's Reporting as Creditors. This legal?

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New Member

CA's Reporting as Creditors. This legal?

I have a few CA's on my CR that are reporting as open accounts, with credit limits, and they're using legit creditor classifications i.e. retail, financial etc. Is this legal?
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Super Contributor

Re: CA's Reporting as Creditors. This legal?

Who's the collection agency. They can show a balance owed.





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New Member

Re: CA's Reporting as Creditors. This legal?

PRA, MCM, LVNV
I have a small collections account with Verizon which shows a "balance". These accounts do not. They have a "high credit", "past due", and aren't reporting in the "collections" area of my CR. They're in the "closed accounts" area with "collection account" in comments.
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Moderator

Re: CA's Reporting as Creditors. This legal?

They can report like a regular CA would. JDBs cannot report a monthly payment history like an OC can.

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