Unbeknownst to me, some apartment debt I paid had already been sold to a collections agency before I actually paid it. Now the collections agency still thinks I owe, (according to my TransUnion report) even though the apartments have been paid in full.
Here's the timeline of how this happened:
- (Sept 2013) I moved out of an apartment (1), and into a new apartment (2), thought everything was ok.
- (Oct 2013) The apartment said I still owed money, and sent it to collections, (but I didn't find out until 2016.)
- (Oct 2014) I was denied a new apartment (3) because they said I still owe money to the old apartment (1).
- (Oct 2014) I contacted the old apartment, paid the debt to them with a bank check, and got the manager to sign a receipt saying I paid, so that I could prove to the apartment that denied me that I paid it (so they would lease to me.)
- (Feb 2016) I pull my credit report and realize that there is a collection on it from this debt. The debt is "Placed for: 10/28/2013" (a month after I moved out) and the last updated date was "07/06/2014" (some months before I actually paid the debt.)
- Is the collections agency going to still expect me to pay them?
- If no, then how can I get them to update it to show that it's a paid collection and not an open one? If yes, then what recourse do I have to get my money back from the apartment complex (who evidently already sold the debt for profit, and got paid twice)
- Should I even bother to fix this "inaccuracy" in the report? I have read numerous places that having a paid collection is just as bad as having an unpaid collection on your report. If I pay it, it will get updated and stay on there until 2023, but at this rate, it will disappear by year 2020. I don't think there is any chance of me getting sued over it, as I did actually pay it (and can prove it with bank records.)
Edit: I didn't get this text in the screenshot. It also says:
Remarks: >PLACED FOR COLLECTION< Estimated month and year that this item will be removed: 07/2020
Edit2: I had some success with Equifax! 3 weeks ago, I disputed this using the online dispute process, and sent my (scanned) "final account statement" to show that I paid the apartment complex. Yesterday I received an email confirmation that it is deleted.
I am still waiting on TransUnion to send me something by mail (good or bad). Their online dispute process bugged out and didn't accept my upload, so they will have to contact the apartment complex (who said they will confirm I'm paid.) I will update when something happens.