Complaint Review: Palisades Collection

In June 2006, I was notified that Palisades Collection had purchased my account from another collection agency. The AT&T mobile telephone bill was not being paid after it was rung up by my ex-wife who eventually skipped town and left me with the collection since the telephone was on my account.

I paid the collection monthly and Palisades was paid in full on 4 July 2006 the total owing on the AT&T account, 119 dollars and some odd cents.. In my November 2006 credit report, it was still reported as 120 days overdue. In my August 2007 credit report, the same entry is there for one of the three CRAs. I noticed that the date reported was February 2007.

How can you have an account from Palisades Paid In Full in July 2006 and still have it appear on a credit report in August 2007. Why hasn't the derogatory information been removed. They have made no attempt to remove the information from my account. I had previously read that Palisades was natorious for doing just that. After receiving payment in full, they do nothing to your credit report.

Byue068
Waldorf, Maryland
U.S.A.