May
17
BizInfoMan asked:
I understand that some cities are sending unpaid parking ticket debt to collection agencies. This is understandable, but don’t you first get an initial letter from the agency before it hits your credit report? I remember hearing that you get a 30-day payment letter prior to a collection agency reporting to the credit bureaus. Anyone?
KIRK
I understand that some cities are sending unpaid parking ticket debt to collection agencies. This is understandable, but don’t you first get an initial letter from the agency before it hits your credit report? I remember hearing that you get a 30-day payment letter prior to a collection agency reporting to the credit bureaus. Anyone?
KIRK
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One Response to “I hear that parking tickets end up on credit reports now?”
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The 30 days you are thinking about is probably the time-frame for debt validation.
The collection agency can still report the charged-off debt while “validating.”
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I. “Is it permissible under the FDCPA for a debt collector to report charged-off debts to a consumer reporting agency during the term of the 30-day validation period detailed in Section 1692g?”
Yes. As stated in the Commission’s Staff Commentary on the FDCPA (copy enclosed), a debt collector may accurately report a debt to a consumer reporting agency within the thirty day validation period (p. 50103).
We do not regard the action of reporting a debt to a consumer reporting agency as inconsistent with the consumer’s dispute or verification rights under § 1692g.
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