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 Posted: Mon Jul 30, 2007 8:52 pm Subject: Credit Bureau Question... |
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I just pulled my credit reports from the 3 major bureau's. On bad accounts, why do they not show "date of last payment"? Seems all they show is date account was closed by the original creditor and the charge-off date. I have one account that shows a charge-off date almost 2 years AFTER I know I made the last payment. I thought they generally charge-off after 180 days. (?) Of course the account was sold to a CA who is making it look like a brand new account. This made me suspicious because I am learning from posts on here that the "clock" for SOL's starts at "charge-off", NOT the date of last payment.
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Eddie in Florida
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Debtcc Points: 100
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| Posted: Wed Aug 01, 2007 6:17 pm Subject: |
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There's a column in the credit report that mentions "the date of last payment" on each account. The SOL is renewed from the DOLA, not from the date when the account was charged off or updated by the CA. Check the dates of reporting of each item because your credit report must show your actual credit history. Any disputed information should be notified to the bureaus and put to investigation.
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onelamb
Joined: 25 Jul 2006
Posts: 436
Debtcc Points: 2736
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| Posted: Fri Aug 03, 2007 5:46 am Subject: |
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This period starts when the debtor becomes delinquent. You can refer to your credit report and see the date of last activity of that account. Every state has its own SOL. So the state you are residing in as well as the type of debt also affects the SOL.
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goodnelly
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Joined: 20 Jun 2007
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