Bad debt reporting - collection agency & original creditor report the same account

Q: Can the original creditor and collection company both report on the same account?
A: Yes and often the status of the same account is different - collection agencies almost always report as CLOSED, but normally status is considered OPEN if this is what an original creditor reports.
Wed Jan 23, 2008 10:01PM | Copyright: www.bad-credit-advisor.com | More in Credit Report Dispute | Comments (0)
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