7 yrs or more Charge offs

The Fair Credit Reporting Act states that creditors can report for 7.5 years from the date of last activity...or the date of your last payment.

You cannot call the credit bureaus...you have to dispute it online or in writing

Quote:

Nascar Devil - when you say date of first default are you stating once the claim has been made against a person or once the claim has been resolved?

i just called a CA for an old fuel bill that was on my credit....i had an account number for it too....but he insisted i give him my social security # which i did....anyways i am doing this b/c i am trying to improve my credit score....my real estate broker told me there were 4 bad things on it and she gave me all 4 listings and the account #'s and the 1-800 #'s to call....

anyways this NCO Financial guy tells me there are other things i owe (which my mortgage broker did not see on my credit report....he tells me i owe progressive insurance $47 - no biggie....but i also owe $2,000 on a discover card (i think i only charged about $800 or $1000 on it) i had when i was in college....i got the card in 96' and that's when i used it.... and now they got this bill from discover....

would not that progressive insurance which was also from the mid - 90's and the discover card bill be null and void b/c it is over 7 years ??? should i not worry about them appearing on my credit report ?

Default is when the payment is first late, the day after the due date or the grace period, if any.