Need some help please

Discussion in 'Credit Talk' started by Momof3, Mar 21, 2001.

  1. Momof3

    Momof3 Well-Known Member

    As most of us here got our reports from Equifax I would like to know if anybody would mind letting my know how a collection account appears on your reports?? My husband's collection account is being reported "open" and currently delinquent, being report 120 late as of 10/2000 etc. and I know that the listing of this account is the reason his score is so low. I have began transribing a letter to Equifax and the collection agency pointing out this major mistake and I am also filing a complaint with the FTC. If anyone of you are unfortuante to have a collection listed on your equifax report, could you kindly tell me word for word how it is entered?? This is very important and I appreciate anyone's help with this matter.

  2. Melissa

    Melissa Well-Known Member

    most of my collection accounts just show delinquent and updated at some point. Jim's collection from credit acceptance corp which should say included in bankruptcy is saying 120+ days past due updated 02/01 which it should not say since the bankruptcy discarged in 01/01.
  3. Momof3

    Momof3 Well-Known Member

    Thanks Melissa. Do they report as being "open" and are they listed with your other revolving accounts??
  4. lucy

    lucy Well-Known Member

    I just received my Equifax report in the mail today. All my collection accounts are listed on the first page. It says:

    Collection Agency Account Information:
    And then lists 5 doctor bills that I have not been able to pay. They are not listed with the other accounts and are not reported as "open" or the like, just a date of last activity.
  5. Momof3

    Momof3 Well-Known Member

    Thanks Lucy yes I know the "open" status is it, the problem with this is that is reporting it opened and so it looks like he has been late continuely since 12/95, I am going to fight to the end with this one. Thanks for replying


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