I've tried the search feature but I can't find it. I have an account on TU that shows: >COLLECTION RECORD< CA's Name Account#xxxxxx OPEN ACCOUNT UPDATED XX/XX/XX BALANCE: $XXX.00 INDIVIDUAL ACCOUNT PLACED XX/XX/03 MOST OWED: $XXX.OO OC's NAME and another that shows: >COLLECTION RECORD< CA's Name Account#xxxxxx OPEN ACCOUNT UPDATED XX/XX/XX BALANCE: $XXX.00 INDIVIDUAL ACCOUNT FACTORING ACCOUNT PLACED XX/XX/03 MOST OWED: $XXX.OO OC's NAME Can a CA show an account as open? Why would second entry show as a Factoring Account when it is not and can I dispute as a wrong account type??
CA's can be factoring companies. Most debt buyers are considered factoring companies. Open is a shady area by CA's, they may claim that as long as they have the account, their account is OPEN.