Debt Parking

Debt parking is sometimes referred to as “passive debt collection”. It’s the deceptive practice of reporting false, invalid, or inflated debts to the credit reporting bureaus. In many cases a consumer is unaware until their credit report is requested by a lender or employer.

The Devastating Effects of Debt Parking

Debt Parking Credit Score

How Debt Parking Works Debt Parking (aka: “passive debt collection”) – the practice of posting perceived debt on a persons’ credit report without first attempting to inform them about the debt. In many cases it’s a completely fraudulent charge that pressures a percentage of consumers … Read more