Question

 When do collection agencies report to the credit bureau?

Answer A collection agency will report someone to the credit bureau after sending letters demanding payment (called demand letters) and not receiving a response. There is no set time when a collection age... Read More »
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Top Q&A For: When do collection agencies report to the credi...

When do collection agencies report to credit bureaus?

Collection agencies have a mandate to update the credit bureau as to their client's status once per month. Additionally, credit bureaus update clients' credit reports once per month. Therefore, an ... Read More »
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How do I report corrections to all the credit bureau agencies?

Write LettersChallenge each incorrect entry on your credit report by writing a letter to each credit reporting agency. Don't list all errors in one letter. Instead, write one letter per error and s... Read More »
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Can collection agencies remove entries from your credit report?

It is possible for collection agencies to remove negative entries from your credit report--but it can be difficult to negotiate unless the reported information is false. If you have an account in c... Read More »
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When do credit card companies report to credit agencies?

Credit card companies, along with almost all other lenders, report monthly to credit agencies such as Equifax, Experian, and TransUnion. Information such as account balance, monthly payment amount,... Read More »
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