How can an agency consider a bounced check an open tradeline and not a collection? Marking it as 120+ days late? Is this legal? How is this different from the many "collections" for checks i have on my report? Any strategy? two (nco) are closed, the gy is marked open with current date of balance as now and months reporting as 47-55 each?
See: http://www.ftc.gov/opa/2004/05/ncogroup.htm NCO was recently fined for similar behavior. See the above site on what they are required to do to ensure compliance. You might forward your complaint to FTC for their comment on whether their posting is in compliance with FDCPA and the consent agreement.
