Can someone answer this question?

[amber1]

My CR shows payment after charge off/collection and remarks purchased by another lender.  Is this reflecting that I paid this account off?  The date verified is 03/2008.

[Jazzzy]

To me it looks like the account was purchased by another lender (collection agency?). It doesn't look to me as if you were the one who paid it off.

[Anonymous]

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LynetteM wrote:
To me it looks like the account was purchased by another lender (collection agency?). It doesn't look to me as if you were the one who paid it off.

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+1

That typically means "Sold to a collection agency." The OC has to report the balance as zero. Do you have a corresponding collection account listed for this debt?

[amber1]

Yes, I do have a corresponding collection account.  The problem was that I was sure I paid this off to a different collection agency other than the one that is attempting to collect.  I juust need to go through my bank statements and double check.

Thank you for answering everyone

[miay2k4]

What it sounds like to me is that you are in a similar situation I was in once.  I had an acct with verizon that went into collections.  The CA was reporting a balance owed.  I negotiated with verizon and ended up paying them directly.  The problem was the CA reported that I paid them in full since verzion did not report the acct as being in CA.  I ended up having to send the CA a DV letter asking them to explain and show me proof that I had any interaction with them at all, to include making any sort of a payment to them.  The could not so they ended up removing the CA acct and I never heard from them again.  Hope that helps.