poppabear47 Posted August 11, 2014 Report Share Posted August 11, 2014 I have two collections on my report and they are from two charge offs, also on the report. However, the collection accounts have different start dates and account numbers but are the same dollar amount as the charge offs. Can both be on the report or do they have to state it is the same account? Poppabear47 Quote Link to comment Share on other sites More sharing options...
Clydesmom Posted August 11, 2014 Report Share Posted August 11, 2014 I have two collections on my report and they are from two charge offs, also on the report. However, the collection accounts have different start dates and account numbers but are the same dollar amount as the charge offs. Can both be on the report or do they have to state it is the same account? Poppabear47 Yes, both the original creditor charge off and the collection agency/JDB can be on your credit report. The reason for the different dates is that the collection agency/JCB can only report for the date(s) they actually opened the account with their business until the present or they no longer have it and they typically assign their own internal account number. As long as the amount owed matches the OC it is reporting accurately. This will not re-age the collections accounts. They fall off at the same time as the charged off accounts. Quote Link to comment Share on other sites More sharing options...
myscoresawful Posted August 28, 2014 Report Share Posted August 28, 2014 I have two collections on my report and they are from two charge offs, also on the report. However, the collection accounts have different start dates and account numbers but are the same dollar amount as the charge offs. Can both be on the report or do they have to state it is the same account? Poppabear47 The "Start" dates are probably the date that the CAs either started reporting it or the date it was assigned to them, as long as they're not reporting a different "DOLA" or "DOFD" than the OC. You're still looking at the 7 years from the DOLA with the OC.If it is actually showing a 'balance' amount other than zero on the OC's tradeline, then it is still owned by the OC and you're not dealing with a JDB. (this means you could wiggle around the CA with some effort and possibly work to get the collection entry removed, maybe). If it is actually charged off and the collection entry is from a JDB, then the OC must be showing a zero balance because you no longer owe them, but they can still both, either way, report it until the 7 years fall off. Quote Link to comment Share on other sites More sharing options...
willingtocope Posted August 28, 2014 Report Share Posted August 28, 2014 NOTE: "Charged off" does not mean "sold". If the account has been sold, the OC's tradeline will say "sold to another lender and their balance will be $0. Quote Link to comment Share on other sites More sharing options...
myscoresawful Posted August 28, 2014 Report Share Posted August 28, 2014 You're right, but if the the OC is showing 'charged off' and the collection is from a JDB, then it is, right? (that's what I was saying above, anyway) Quote Link to comment Share on other sites More sharing options...
poppabear47 Posted October 13, 2014 Author Report Share Posted October 13, 2014 OC shows charge off. CA keeps putting it in as new delinquency (every month it is reported). Can they do that? Quote Link to comment Share on other sites More sharing options...
willingtocope Posted October 13, 2014 Report Share Posted October 13, 2014 @poppabear47 yes Quote Link to comment Share on other sites More sharing options...
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