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What do Credit Bureaus need to report/validate debt?


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Hello All,

 

In the past I read a post either here or upon another site that Credit Bureaus use some type of method (standarized) to determine the validity of Collection agencies right to report debt.

 

I recall it was a process that several people questioned including myself after reading how it was accomplished.

 

I'm unable to find this info again.

 

Can anyone point me out to this link/method/process (could not find it again via search)?

 

Thanks in advance to everyone! Happy New Year to all!

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