Aug 21, 2007 · Why are collections Agencies termed as "Factoring Company Account" on my Credit Reports ?What does this term actually mean ?Are they MisRepresenting themselves …

Oct 17, 2011 · A "Factoring Company" is a company that buys GOOD, Collectible debts from other companies. This helps with the other company's cash flow. The factor usually buys the …

Mar 12, 2006 · A factoring company purchases accounts receivable. They usually advance a certain percentage of the receivable up front, then forward the balance, less commission after …

Aug 25, 2007 · I have a CA posting an old credit card account as a factoring company account. What does this mean? I'm in PA and they are taking me to court...the 4 year SOL should have …

Mar 16, 2010 · I have a collection agency listing their collection account as a "Factoring Company Account" on my credit report. It is listed as an "open account". What does this mean and what …

Aug 19, 2013 · Factoring= a loan made against account receivables Debt purchasing= an out right selling and buying of account receivables. Debt purchasers and factors all seem to have …

Dec 28, 2006 · A "factoring company" is a company that buys "Accounts Receivable" from other companies. Many junk debt buyers try to claim that they are factors as a way to get around the …

Aug 5, 2006 · And, a "factoring company" is a company that buys "accounts receivable" from a business and then collects on those receivables from the people that owe them. Technically, a …

Jun 28, 2006 · Pulled my reports and two new account entrys show it is a "Factoring Company Account" (Arrow Financial Svcs. and UniFund Corp.). What the heck is a "Factoring Company …

Aug 19, 2013 · CA bought debt. CR for CA says Loan Type -Factoring company account. and a bunch of other things that dont make sense to me.