Will a collection agency remove its information from my credit report if I make a payment?

Answer A collection agency will generally not remove its account if you make a payment on a collection account. If you do pay the account in full, the collection agency must update it as "paid" on your cr... Read More »

Top Q&A For: Will a collection agency remove its information...

I have a medical bill for 168.00 that was sent to a collection agency after I made a payment. They are going to keep in the collection agency until my bill is paid off. This can not be right.?

If the bill was late enough to be sent to a collection agency, the collection of that bill has been turned over to that collection agency as well.

How long does a collection agency have to remove incorrect information from a credit report?

Under the terms of The Fair Credit Reporting Act, the three national credit reporting bureaus -- TransUnion, Equifax and Experian -- have 30 days from the receipt of your letter or online dispute t... Read More »

Collection Agency Information Rights?

Without boundaries, collection agency would have free reign over how to collect a debt from debtors. Likewise, a debtor could run up his credit and not even think about being held accountable for t... Read More »

How to Make a Settlement With a Collection Agency?

A debt collection agency is a third party company hired to collect debt owed to a creditor such as a credit card issuer. Typically, the creditor has given up collecting the debt, but still wants th... Read More »