Collection Sold to Another Company? Check One Date Field
A collection changed companies: comparing the old and new entries CheckDispute · Sources checked September 20, 2026 When a debt is sold, the new collector often reports it fresh — with a new name, a new account entry and a recent "date opened." That new date is not the start of the reporting clock. Federal law ties the seven-year period to the original delinquency, and it makes later collectors carry that date forward. Here is how to check whether the clock moved when the debt did. What happens to my credit card debt when it is sold to a collection agency? The account typically appears twice in the report's history: an original-creditor entry recording the charge-off, and a collection entry under the new holder's name. The sale itself is not a credit-reporting event you dispute — what matters is what the new entry says. Three things the law fixes about the new entry. First, the date of delinquency: a furnisher reporting an account placed for collection or charge...