Most Popular Articles
Credit Bureau Of Canada Collections
Julia Said:Dispute collection item on credit report (Experian) changed from "PAID" to "PAID CLOSED"?
We Answered:Yeah, I noticed some similar workings with my own credit...If I were you, I would re-contact the collection agencies that are listed as reporting and have them to delete it.
The credit reporting agencies will report what the collection agency tells them to report. Good luck.
Leroy Said:Not paying my Yellow Page bill...?
We Answered:A collection agency probably already has an account with a credit bureau, but maybe not.
You may not have "borrowed" the money, but it's still an obligation that you haven't paid.
Cindy Said:I got a letter in the mail that I don't understand?
We Answered:They are not trying to sue you. They are, however, going to turn it over to collections which will affect your credit score. When they turn it over, you will owe the amount on the account plus the credit collection agency's fees which may be substantial.