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Can a collection agency report a collection and then not update it?

In: Credit and Debit Cards, Credit Reports, Debt Collection [Edit categories]

Answer:

In Part: No it has to be updated if the balance is revolving and going up or down monthly.

Contributor:

Grah30

First answer by Grah30. Last edit by Grah30. Contributor trust: 1 [recommend contributor ]. Question popularity: 2 [recommend question].

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No, only invalid information can be removed before the required time limit. Collectors and "credit report fixers" often misrepresent (in a rare instances it is an honest mistake) how information...
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only if they have a permissible purpose outlined by law to do so.
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In order to hire a collections agency to collect a debt for you, you contact their office and ask fill out the forms they have for you. To decide which firm to hire, you should do some research...