New Reporting by Collection Agencies & Debt Buyers

Effective last month, collection agencies and debt buyers that report information to the credit bureaus must report the name of the original creditor and may not report debt that did not arise from a contract or agreement to pay, which includes parking fines, parking tickets, and involuntary towing fees.

Beginning September 1, 2016, the collection agencies and debt buyers will have a “full file” each month, meaning the agencies and buyers will have to report positive as well as derogatory information to the bureaus. Typically, agencies and buyers only now report derogatory information to the bureaus.

In September 2017, collection agencies and buyers will be barred from reporting medical collection items less than 180 days old and they must delete accounts being paid or were paid in full by insurance.

These changes were made by the bureaus in settlement with lawsuits brought by various state Attorneys General.


  • 4104 24th Street
    San Fransisco, CA 94114
  • (415) 321-9655