Many collection accounts are not reported correctly, and that alone can make them illegal under federal law. Two of the most common reporting violations we see every day are collections reporting as an open account and collections carrying a pass-through balance. When collections are reported this way, they violate federal credit reporting standards and give consumers the legal right to challenge the accuracy of the account. This is exactly what my team helps clients with by identifying reportin
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Many collection accounts are not reported correctly, and that alone can make them illegal under federal law. Two of the most common reporting violations we see every day are collections reporting as an open account and collections carrying a pass-through balance. When collections are reported this way, they violate federal credit reporting standards and give consumers the legal right to challenge the accuracy of the account. This is exactly what my team helps clients with by identifying reportin
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