mean it goes on my credit report. I got a letter from a collection company and I called the same day and paid it. They said it wouldnt go on my credit report just as long as I took care of it. Are they lieing. Can they lie about that????????
2007-02-11 04:53:31 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
i think it is already on your credit report-I would get a copy of my credit report and find out- You can get a free report once a year
2007-02-15 04:50:18 · answer #1 · answered by nj2pa2nc 7 · 0⤊ 0⤋
You will only know for sure when you review your credit report, which I recommend you do. Collectors tend to say they will not show but it may be a wash between them reporting it or the original creditor. In such cases, it is best to receive a letter in writing and then pay. If it shows up as an adverse mark on your credit report, then you can challenge successfully. If it shows up now, you have little evidence.
2007-02-11 05:03:20 · answer #2 · answered by Joseph H 4 · 0⤊ 0⤋
Just that fact that it went delinquent has already affected your credit. Of course, you want to avoid at all possible the addition of a collection to your report, as it will tank your score. Possibly you paid it in time. Do whatever you can in the future to not let it hit your report.
2007-02-11 05:00:18 · answer #3 · answered by Kevin K 3 · 1⤊ 0⤋
When you're sent to a collection agency you have a new debt along with a delinquent one. The delinquent debt is already on your report. The collector's debt usually don't show if you pay up right away. It depends on the collector. Some report it before even attempting to collect and others wait and give you a chance to pay. It's totally up to the collector.
2007-02-11 05:04:44 · answer #4 · answered by Ricky J. 6 · 1⤊ 0⤋
We have a medical billing company and when accounts are overdue we send accounts to a collection company. The collection agency will not report to credit bureaus unless we specifically request it; which we never do. If the account gets paid either to the agency or to our office they are immediately taken off of the agency call list...
Hope this helps
2007-02-11 05:03:25 · answer #5 · answered by rose_peacock 1 · 1⤊ 0⤋
Anything delinquent over 30 days normally goes onto your credit report.
2007-02-11 05:13:44 · answer #6 · answered by ireshannon 2 · 1⤊ 0⤋
Big mistake paying them and them verbally telling you it will not go on your credit. This is a negating point with them, tell them a letter must be sent to you stating that, usually over email. Then they will send a final letter stating its paid and it is not going to have negative impact on you credit. Now they may are doing this out of good will. Pull your credit in two months to see if it is on there and if it is call them up and talk to a supervisor tell them that this was agreed upon not to be on my credit. If they do not comply file a complaint to your states dept of commerce.
2007-02-11 05:51:47 · answer #7 · answered by Anonymous · 1⤊ 0⤋
i dont think it will go on your credit report
2007-02-11 05:01:28 · answer #8 · answered by tracey 3 · 1⤊ 0⤋