Legal Question in Credit and Debt Law in Illinois
Is there Illinois state law that states, " a collection agency cannot report a debt collection to the credit bureau until after 6month time period",or something to that effect
Asked on 5/27/10, 5:02 pm
1 Answer from Attorneys
There are a few "6-month" rules. For example under recent amendments to the federal Fair Credit Reporting Act, suspicious credit events that could be identity theft are not supposed to be posted for 6 months. Need more facts.
Answered on 5/28/10, 10:24 am
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