Comments on: what does transferred to recovery mean on a credit report?

By: Myra F

Myra F — Tue, 09 Jun 2009 05:25:56 +0000

Virginia

Take a look at this site.. They offer a free credit report so you can see exactly what’s going on with your credit.

By: mister ed

mister ed — Mon, 08 Jun 2009 07:15:22 +0000

Michele

it has went to collections!!!

By: Tyre B

Tyre B — Fri, 05 Jun 2009 19:16:35 +0000

Bill

It means that because it has been a certain amount of time since the account has been past due (usually 45-60 days) and the creditor (Alltel) has hired a firm to recover the money that it owed to them.

By: Ted

Ted — Fri, 05 Jun 2009 01:32:23 +0000

Tim

Some places have a recovery department which acts like a collection agency, but isn’t an outside company but an internal function within the company.