paid debt

Discussion in 'Credit Talk' started by davis78, Aug 3, 2008.

  1. davis78

    davis78 Member

    Will paying a CA that bought the debt effect what the OC reports?
     
  2. greg1045

    greg1045 Well-Known Member

    Not really. CA is not obligated to report anything to the OC. Once an OC sells a debt to a CA, the OC is supposed to reflect a 0/zero balance with a comment like "sold, transferred".
     
  3. davis78

    davis78 Member

    Thanks, I'm trying to get as much straightened out as possible before I start disputing
     

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