If I get sent to a collection agency does that automatically 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 wouldn’t go on my credit report just as long as I took care of it. Are they ieing. Can they lie about that????????
2007-02-11 05:45:35 · 7 answers · asked by Anonymous in Business & Finance ➔ Credit
If your check goes through, you are fine.
2007-02-11 09:19:42 · answer #1 · answered by CALIFORNIA GOLD 3 · 0⤊ 0⤋
If you were sent to a collection agency then it was already a past due debt and is probably already on your credit. Get a copy of your report to see whats on it..you are entitled to 1 free report per year..
Equifax 1-800-685-1111
Experian 1-888-397-3742
Trans Union 1-800-680-7289
2007-02-11 14:24:42 · answer #2 · answered by Amy 4 · 1⤊ 0⤋
It probably won't show up on your credit report. You should get a report to be sure, get it form the big three credit reporting agencies. If it does show up on the report, you should call the collection agency and ask them to remove it.
2007-02-11 14:17:11 · answer #3 · answered by calliope320 4 · 0⤊ 0⤋
like the other person said, if a debt has gone to collection agency it's too late
it will show up as a late, or charge off
reguardless you credit is now compromised due to late or non payment from the orginal creditor
2007-02-11 16:43:34 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If a collection agent tells you anything, never believe it.
Legally they can put this on your report, even though you paid it immediately.
I have given this advice over and over....never pay a collection agent a dime unless they agree IN WRITING to remove all negative information about your debt from your report. If they do post this, you have no leverage to get it removed.
2007-02-11 16:08:13 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I would pull a credit report soon. You should have asked for them to tell you in writing that it would be removed upon payment. Yes They do lie all the time.
2007-02-11 13:51:32 · answer #6 · answered by markp860 2 · 0⤊ 0⤋
jim, i gave you a good answer a few momunts ago please read it and follow. either way you are safe buddy dont sweat it.
2007-02-11 13:53:31 · answer #7 · answered by Anonymous · 0⤊ 0⤋