Credit Reporting
How Debt May Appear on Your Credit Report and What It Means
If you’ve seen “Huntington Debt Holding” on your credit report, you may have questions about what it means, why we’re reporting the account, and how it affects your credit score. This page explains our credit reporting practices and what steps you can take to understand, manage, or resolve the account.
We believe consumers deserve clear, accurate information about their financial records. Our credit reporting policies are designed to be fully compliant, transparent, and respectful of your rights.
Our Credit Reporting Policies
We follow strict procedures to ensure that the information we report is:
- Accurate
- Up to date
- Compliant with all applicable laws and regulations
We do not report unverifiable or disputed accounts, and we take every request for investigation seriously. If a payment is made, or an account is settled, we update our records and notify the credit bureaus accordingly.
If an error is discovered, we take immediate action to correct it. We are committed to helping consumers resolve reporting concerns in a fair and timely manner.
Why Huntington Debt Holding May Be on Your Credit Report
Huntington Debt Holding is a nationally licensed debt buyer. When we acquire a charged-off account from an original creditor, we become the legal owner of that debt. As part of that process, and in accordance with the Fair Credit Reporting Act (FCRA), we may report the account to one or more of the major credit bureaus.
Our name may appear on your credit report to indicate that we currently own the account.
How Debt Affects Your Credit Score
A collection account can impact your credit score, but resolving it may have long-term benefits. While the presence of a collections item may lower your score initially, paying off or settling an account may reflect positively on future lending decisions.
Every situation is unique, and we encourage you to seek independent financial advice if you’re unsure of how to proceed.
How to Access Your Credit Reports
Every consumer is entitled to one free credit report per year from each of the three major credit bureaus: Equifax, Experian, and TransUnion.
You can request your free reports at:
Reviewing your credit reports regularly can help you identify potential issues and monitor your financial health. It also allows you to act quickly if incorrect information is reported.