In reference to a credit report, what does the term "Professional Account MGM" mean?
This term was found as a business name on my credit report under "new accounts". Unfortunately, there were no phone numbers or other contact information on the report for me to inquire further. This "business" is indicating I owe them $105, though I've not received any contact as to this account. It's listed under Transunion, a credit agency of which I do not have an account with and I don't want to spend money to get it just to see what this particular account is about, if I can help it. Any assistance would be appreciated.
Public Comments
- Sounds like something that went to collections. MGM might mean 'management'. This sounds very much like a bill collector. Try googling them, or contact experian or whoever is reporting it for more info.
- You need to have it checked out, my mom and dad have all kinds of other people's stuff on their credit report. It's professional account management, a collection agency. Maybe you can look on the internet for either them or Transunion and try to find a phone number.
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