Can a collector inform the credit bureau if I don’t pay my defaulted debt?
Yes. The nation’s three largest credit bureaus, all accept data contributions from collectors. So, each collector who calls has the opportunity to notify the credit bureau that you are in collections and to update that bureau should you pay or not pay. Their contributions are very quickly integrated into the nation’s credit database, which any of your creditors, past, present or future, can legally access.
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- Can a collector inform the credit bureau if I don’t pay my defaulted debt?
