Original creditor is no longer reporting an account to the credit bureaus but debt collector is reporting new dates on the account. This action is re-aging an account which is illegal.
Disputing an old collection account can trigger the collection agency to renew their collection efforts or sell the debt to a new debt collector.
Payment deferment can give you room to breathe If you’re currently having trouble making credit card, personal or auto loan payments. Plus debt deferment can help save your credit scores from late payment marks.
Credit scores can take a dive if you have duplicate negative information. It appears that you have more DEBT than you actually have.
Collection agencies are not original creditors and should not be reporting monthly late payments on your credit report, you have no legal account with a debt collector that requires monthly reporting of late payments.
Handle Collection Accounts: There are several ways to deal with collection accounts including getting them deleted from your credit reports. Collection accounts are credit score killers, there’s no doubt you just want them to go away.
Thinking about paying a collection account? Your credit scores may not improve unless you get the collection account deleted with a pay for delete agreement.