If a creditor assigns or sells your account to a collection agency, it is possible that the creditor and collection agency will list the same debt on your credit report. Multiple negative listings for the same obligation can lower credit scores and make it more difficult to get approved for a personal loan, buy a car, or refinance a home. These duplicates\u00a0are not legal.\u00a0What should you do?<\/p>\n
Even if you pay the debt, the duplicates could still appear on your credit report. If you spot a duplicate entry, write and dispute\u00a0the inaccurate listing on your credit report\u00a0directly with the credit bureau.<\/p>\n
Your dispute letter<\/a> should include a copy of the report with the disputed item highlighted. Briefly state why this item is listed incorrectly. Attach any supporting documentation that will verify your claim. Send your letter to the credit bureau by certified mail with a return receipt so that you have proof your dispute was received. The bureaus have 30 days to respond to your dispute.<\/p>\n If you are struggling to correct errors on your credit report, seek the guidance of a qualified credit report law firm.\u00a0Obtaining good advice to resolve credit reporting errors\u00a0may help in reaching future financial goals.<\/p>\n Flitter Milz is a nationally recognized consumer protection law firm that represents victims with credit reporting accuracy and privacy problems.\u00a0 Contact Us<\/a> for a free consultation to determine whether your consumer rights have been violated.<\/p>\n","protected":false},"excerpt":{"rendered":" If a creditor assigns or sells your account to a collection agency, it is possible that the creditor and collection agency will list the same debt on your credit report. Multiple negative listings for the same obligation can lower credit scores and make it more difficult to get approved for a personal loan, buy a … <\/p>\nTake Action and Get Results<\/h2>\n
Seek Legal Help<\/h2>\n