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Collections updating monthly

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Anonymous
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Re: Collections updating monthly


@RobertEG wrote:

A CRA statement that furnishers should discontinue reporting after 3 months on a paid, closed account is apparently a way of saying that there is nothing substantive  to update, so continued reporting of the same-ole-same is redundant, and takes up time and database.

 

That is not the same as saing they must delete prior reporting.


Nobody said they had to delete prior reporting of a paid, closed colllections.  That question was never raised.

Message 11 of 11
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