Equifax - debt collection services include continual monitoring
I just noticed the Equifax ad in the Netbank article and decided to have a look.
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NEW! FirstSearch with Portfolio Monitoring continuously monitors your collections portfolio for name changes, new addresses and/or telephone numbers on those consumers who are hard to find due to unavailable, inaccurate or outdated information.
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The million dollar question: will the consumer be informed that credit report data has been provided to a collector? Could somebody please find out?
And as I’ve been recommending for years, never provide your physical address on any applications. Get a post-office or private mailbox, use a virtual telephone/fax number. You have to do that BEFORE you lose your job, get cancer, or have whatever other emergency preventing you from paying your bills.
Credit Report Solutions
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Better determine a consumer’s ability to pay with information on open credit, the presence of mortgage trades and other credit data reflective of liquidity.
If you have large collections, do NOT settle anything unless you have to. Make your report look as bad as possible. Don’t open accounts, play dead.
Posted by Christine on 10/01/2007 at 12:54 PM
2004 Suit (credit limits, credit reporting - on appeal) • Equifax - countless violations • Credit - Collection - Economic News • (0) Comments • Permalink
