Does Integral Recoveries report accounts to major credit bureaus?
We currently report selected accounts to major credit bureaus. The process of reporting and maintaining correct records on consumers is maintained by a monthly upload from our collection system via an electronic file. This upload provides account reportings, updates, and removals as collection activity dictates. We subscribe to E-Oscar, which provides electronic communication and response between Integral Recoveries and the credit bureaus to answer any consumer disputes in a timely fashion. Reporting delinquent debts to credit bureaus can assist in collection, as consumers with negative entries on their credit reports can be denied credit for mortgages, auto loans, or other major purchases until those reported debts are resolved.
