Updated: Oct 22, 2020
Verifying the debt
You can ask for debt validation and a verification letter confirming details of the debt. Consider keeping copies of written communication with the debt collector for your records.
Negotiating the debt
If you can’t pay the full balance, a debt collector may be willing to negotiate a partial payment or payment plan. Paying in full is the best move for your credit though.
Disputing the debt
If you believe the debt is inaccurate, consider disputing it with the collection agency first, since they provide the information that appears on your credit report.
Why your credit reports look different
Your lenders furnished the credit bureaus with data and they choose which of the 3 bureaus to report your info to. that is why your credit reports look different from one another.
Your FICO® Score varies
FICO generates a credit score for you based on the data they have from each credit bureau. That’s why your FICO® Score can look different from bureau to bureau.
You have a right to dispute
If you find inaccurate information on your Experian, Equifax, and Transunion credit report, you can dispute it online or via postal mail.
What is a thin credit file?
When you Have less than 5 open accounts can make you look somewhat risky to lenders. some lenders would consider you a "thin file"