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bbarker12

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if someone purchases your account,can they report to credit agencies
I have one on the 3rd collection agency and I just cant afford to pay, other than the original place I owe, who can report late/no payment to a credit agency??

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Yep, all of them can report it, but only the current note holder can show a balance or past due amount.  All others must show the account as zero balance and transferred to another lender or charge-off.  

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so how long can this go on, the debt is about 5 years old.....

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