Which auctions are eligible for credit reporting if the collections process does not result in payment?
Outstanding debts for auctions are eligible for credit reporting if the restocking fee is greater than or equal to $50 in value and if sufficient information is available for the debt collection agency to take action. Please review the agreement you make with the debt collection agency for more information on this, or contact them directly. For additional information on how the restocking fee/bidder default fee is determined, please click here.
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