Last Reported date on credit report...

LOL Jessie, like I just said in another post to you, sometimes it seems like you need to speak another language to figure some of this out. Its confusing. I always get a different date for last payment and last activity. But I thought my LAST payment WAS my last activity!!! they must be talking about last activity from the creditor. And you're right, they do change. I like tranunions report because they give you an estimated time of when it will 'drop off', the others don't do that.
Last activity is the date you need to go by, to measure when it will drop off. THe last update is the last time that the creditor or CA reported to the bureaus. And when you dispute and they investigate it, you will see that the last update was that month because the bureaus updated from their investigations. make sense?

So once they're paid off, the activity should STOP then? Because one of these accounts is pretty old--A phone bill from 2000.

yes correct. See thats why you're always hearing that if you can paid a debt off in full, in one pop, its better because it doesn't start the SOL all over again. But doing the monthly payment thing, does. I know, who has the money to do that. If you're like me, I have alot going on at once, have to throw each one a bone every month. :D shirley

What sucks is for the longest time, the date did not change, and then all of a sudden in the last couple of months, they've "reported" again.

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Stanley--The reporting time is how long they can show on my credit report?? Will the reporting time stop once I pay it in full? This stuff is confusing.

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Thank you so much Stan, (And Shirley)for all of your information. I'm sorry to be a broken record about these things, I just want to do this right. :) I will be getting married in the next year and if and when I have kids, I want better for them than I've given myself. Heck, even I deserve better than what I've done for myself. Slowly but surely I'll get out of this mess. :)

I love you guys! :)

awwww Jessi!!! we love yas too! And you're right, you do deserve better and you will HAVE BETTER because I can see you getting out of this mess because I sense that determination about you!!! I don't think you're a broken record. Heck, I have went on and on about some of the same stuff here in the forums because sometimes I get so frustrated that I need reassurance that I'm still doing the right thing and still going down the right path. so don't you worry about that. You come here and talk about anything you want for as much as you want. its all good! :wink:

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Perhaps you are right Shirley. Actually these things are very confusing, you know.

Yes, payment affects both the SOL and 7 year reporting time. But the fact is, if you pay it in full, 7 year reporting time might not start again. But SOL does.

Jessi, good to see that you are planning for your future from now, This is very important and will definitely help you in the long run. Best of luck.

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