VERSION: 2.0
CA: You have too many collection agency accounts with debts that are greater than $250.
Description
Some collection agencies report account information to credit bureaus just like lenders do. Your credit file has too many accounts that have been sent to a collection agency with debts greater than $250.
Tips
Satisfy all collection accounts and pay all other accounts on time each month. The impact that negative items such as collections accounts have on your credit score will diminish over time.