Can a collection agency report my account to a credit bureau (i.e., Experian, TransUnion or Equifax, etc.)?
Yes. Most collection agencies, though not required by law, provide a brief period after receiving your account before reporting it to the credit bureaus. Therefore, it is important that you make immediate contact with the agency to resolve the matter before any negative information is reported about your past due account.
Related Questions
- Can a collection agency report the same collection account under 2 different account numbers on your credit report?
- Can a collection agency report my account to a credit bureau (i.e., Experian, TransUnion or Equifax, etc.)?
- Can a collection agency report an account from the year the account was handed over to them?