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Can a Collection Agency Report to the Credit Bureau Without Notifying You?

Credit Corp

Debt collection agencies have a long history of harassment and illegal practices. Can a collection agency report to a credit bureau without notifying you? Knowing illegal debt collection practices can help identify when you’re being treated unfairly. Attempts to Collect a Debt Not Owed.

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Compliance Digest – February 24

Account Recovery

District Court for the Eastern District of Texas granted the CFPBs unopposed motion for a 90-day stay in the litigation filed by Cornerstone Credit Union League and Consumer Data Industry Association (the Plaintiffs). More details here. More details here.

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Can I Sue a Company for Sending Me to Collections?

Credit Corp

How Does the Law Protect Your Rights Regarding Credit Collections and Reporting? Numerous federal and state laws protect your rights to fair and accurate credit reporting. Some of those laws also cover your rights as a consumer to fair debt collection practices.

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How to Remove Collection Accounts from Your Credit Reports

Credit Corp

If you have a lot of inaccurate collection accounts on your report, you might need help from a credit repair firm like Lexington Law Firm. Credit repair companies know how to navigate credit bureau territory, and they can help consumers understand how to handle tricky situations.

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TransUnion, Equifax, or Experian Dispute: What Happens When It’s Denied?

Credit Corp

When you submit a dispute , the credit reporting agency must investigate the items in question–usually within 30 days of receiving your communication. Once the investigation is complete, the credit bureau has 5 days to make any appropriate changes to your file and notify you of those results.

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Hot to Remove Credit Collection Services From Your Credit Report

Better Credit Blog

Especially in the current pandemic, COVID 19, medical bills, credit card bills, and other financial service bills may start to pile up. If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report.

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Consumer Rights in Debt Collection

Credit Management Company

To ensure you understand how important consumer rights are, we’ve put together an overview of consumer rights in debt collection. Debt Protection Laws. While this act does not excuse consumers from paying their debt, it does protect them from unfair or abusive debt collection tactics.