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Sold Debt Reporting Twice

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kunphuzn
New Member

Sold Debt Reporting Twice

If a credit card company charges off a bad debt and sells that debt to another company, can both companies report negs on your credit report?  If not, what can you do if they are?

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Creditaddict
Legendary Contributor

Re: Sold Debt Reporting Twice


@kunphuzn wrote:

If a credit card company charges off a bad debt and sells that debt to another company, can both companies report negs on your credit report?  If not, what can you do if they are?


yes the collection agency can report

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