Collection agencies usually buy your unpaid debt for pennies on the Dollar. Then they report it to your credit report for the original balance owed to the original creditor. Some of them tend to charge you interest and every Month, they update your credit report with a higher amount. This is illegal, yet they do it because most of the consumers don’t know it’s illegal. Collection agencies are also controlled by the Statute Of Limitations law, which allows them a certain amount of Years to sue you for an unpaid debt; However, they know that the majority of consumers don’t know this and they report it anyway years after their rights to collect expired. Having this knowledge is precisely why we are able to delete most if not all of the accounts in collections reported on your credit.