Dear Majors:
Thank you for taking the time to read this…..help…..please……
If I have an orignal creditor listed on my account in collections, and
then a collections account listed for the same account can I have one
removed?
I had a student loan through a bank, Panhandle Plains, I stopped
making payments years ago. This Panhandle Plains Bank currenty is
listed on my credit report as a student loan in “collection” It states
the account status as closed, with a past due amount of $0.
This account then shows up as a second negaitve hit under the Texas
Guaranteed Student Loan company. Apparently the Texas Guaranteed
Student Loan picked up the loan and is presently on my credit report,
showing the same account in collections.
So my credit report has the Original Creditor lisiting the account in
collections but closed with $0 balance. AND then it shows up at a
later date opened under the Texas Guaranteed Student Loan account
name…..
Can I have one of these taken off? If yes how….
It seems reasonable to just have the account listed and negatively
affecting me once, not twice!
———————–
Double Collections, Student Loans and more are common when they go unpaid.
One sells the acount to another and Wha La. Or one compnay buys another out and Wha La.
The bright side to this is you might be vey lucky if you dispute the account listed first showing zero balance.
Although this seems to be illegal at face value this process is not illegal.
Many times one hand does not know what the other is doing and they have no idea what some other company might have posted on your credit report. Only you know this. AND only you can fight it.
So dispute the account and see what happens. Say it i not yours.

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