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Old Collections being Sold ? Q & A

Credit Questions & Answers:

Q:


I have been reviewing your site and I am interested in improving my credit. Your site is very informative and discredits the misconceptions of deleting debts. I have a better understanding and would like to repair what is inaccurate and old. I would like to do settlement offers for what is accurate. I do not know what to do when old debt continues to transfer from company to company. What can I do?

A:


Hi Tamika,

In regards to the collections being sold, I would recommend pulling a recent copy of your credit report, and call the recent collection that is being reported. It will show recent reported date, and that is the collection company you call to negotiate for pennies on the dollar.

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This entry was posted on Tuesday, February 17th, 2009 at 1:15 pm and is filed under credit questions. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.



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