Credit Bureau Reporting

Credit Bureau Reporting

When appropriate, we report accounts to major consumer and commercial crediting bureaus at no additional cost. This added accountability often motivates faster resolution while accounts are still in the early cycle.

Transform unpaid balances into measurable consequences that accelerate debt collection timelines.

It’s been proven. The average person or company is far more likely to pay a debt if they know that failing to pay it can negatively impact their credit rating. If you’re handling your unpaid receivables in-house, you likely aren’t reporting your customers to the credit bureaus, and your delinquent customers know it. This takes a primary collection tool out of your hands. Trusting your past-due accounts to Summit’s debt collection services ensures these debts will be reported promptly to all three major credit bureaus at no additional cost to you. We also ensure that all reported accounts are FCRA-compliant (Fair Credit Reporting Act) and disputes are handled swiftly. You can also opt out of this service.