What is the difference between, Purchased and Sold, or Transferred?

Hi Guest,

Welcome to the forums. Answering to your queries, these are the various status of a particular account in your credit report. It signifies whether your account is retained by a particular creditor or else, it has passed on to a collection agency for further collections.

If an account in your credit report is shown as sold to another agency, there should be a name of that company. Please look at it carefully so that you are able to know the name of the company.

The thread given below shows a detailed explanation of the content available in your credit report.

http://forums.debtcc.com/forums/about395.html

Please let us know if you have any queries regarding this matter.

Regards
Roxette

In the (description) says:

Purchased by another lender. No Company No Nothing. That is it.

In this case, it sounds like a clerical error by the credit bureau. Write a letter to them explaining the mistake and provide you a fresh copy of your report.

Could somebody put Missouri's SOL in easier terms. Thanks

Hi

The statute of limitation for legally collecting the debt in Missouri is within 5 years.

Once the debt is past the SOL period, you can't be forced to pay it. Is your debt within the SOL period?