Should I list the original credit card, or the debt collection agency?
When dealing with debt, it can be difficult to know which entity to list on credit reports. Should you list the original creditor or the debt collection agency? This decision could have a significant impact on your financial future, so it is important to understand the nuances of each option.
The first step in determining whether to list the original creditor or a collection agency is understanding the specifics of your situation. If you are behind in payments, then listing the original creditor is generally best for two reasons. First, if you make current payments and keep up with all future payments, then having your credit report reflect this new activity will help improve your overall score as creditors see that you are managing your debts responsibly.
The Law Offices of the Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706