Credit Bureau Creditors Garnishment Original Creditor 
Credit Corp
NOVEMBER 9, 2020
Can a collection agency report to a credit bureau without notifying you? It does not come into play for creditors collecting their own debts. In its annual report to Congress about debt collection complaints, the Consumer Financial Protection Bureau described collection complaints received by the Federal Trade Commission (FTC).
Credit Corp
JUNE 14, 2020
Suddenly, the debt reappears on your credit report, except now it’s a zombie debt. If the original creditor went to court and obtained a judgment against you for a debt, the zombie debt cycle can be more complicated. Judgments can also show up on your credit report for years. Zombie Debts and Judgments.
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Better Credit Blog
APRIL 1, 2022
Especially in the current pandemic, COVID 19, medical bills, credit card bills, and other financial service bills may start to pile up. If you’re unable to pay your original creditor, your debt may pass to a debt recovery agency, earning a collection letter and possibly a stain on your credit report.
Sawin & Shea
JUNE 9, 2021
Approximately one third of consumers with a credit bureau file were contacted by at least one creditor or debt collector each year, according to a CFPB (Consumer Financial Protection Bureau) survey. The FDCPA applies only to debt collectors (the third-party collection agencies), not to the original lender.
Collection Industry News
SEPTEMBER 8, 2020
Note, however, that the FDCPA applies only to third party collectors who collect debt for original creditors. It does not apply to the original creditor itself who uses its own employees to collect debt. c) Falsely representing that they work for a credit bureau. Let’s use our beloved Pres.
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