| Author |
Message |
|
Options 
Bookmark online
|
sdchargers_63
Joined: 13 Aug 2007
sdchargers_63's page
Posts: 1498
111 Magic Points
|
|
Subject: debt
|
|
|
Sun Mar 02, 2008 4:12 pm
|
|
|
| Cash Call is difficult to deal with. The CA AND Cash Call are BOTH on my CR. However........the SOL, on this account, won't be up for a while. The loan, with Cash Call, was taking out almost 2 years ago, now. The CA took over this account, about 5 month ago. Now......here's a question for ya...........does the SOL start when the account was 'owned' by Cash Call.OR...when the CA took it over? |
|
|
Morningstar
Joined: 17 Apr 2007
Morningstar's page
Posts: 601
11 Magic Points
|
|
|
|
|
Sun Mar 02, 2008 9:29 pm
|
|
|
Credit report: 7 years from date of charge off
Lawsuit: xxx years from last payment (check your state law)...a CA buying and/or selling your account does not change this
_________________
I don't dream since I quit sleeping |
|
|
fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
|
|
|
|
|
Mon Mar 03, 2008 12:34 am
|
|
|
| It does go by last payment. If you pull your credit report you should be able to find that info there. I doubt it is past statutes if it is only around two years old. I think there is a place on this site that lists SOL by state. If not type it in your search slot on google or whatever you use and you will find a page I'm sure will list it. I think you will find what you are looking for. Good Luck. |
|
|
Fasfeed
Joined: 06 Feb 2008
Fasfeed's page
Posts: 87
3252 Magic Points
|
|
|
|
|
Wed Mar 05, 2008 1:40 pm
|
|
|
| Date of last payment vs date of last activity . Shouldnt these be considerer the same . I have and account that shows date of last activity dated 11-2005 ,but date of last payment dated 7-2006. Why are these dates different if I made last payment on the account 11-2005. Would not the last payment be considerer last activity. Ive also seen where its being said that accounts drop off from date the account was charged off , but on report [ EQUIFAX] in particular it doesnt really state the charge off date . Account shows; ADDITIONAL INFOMATION - CHARGED OFF ACCOUNT : ACCOUNT CLOSED BY CREDIT GRANTOR .How can you determine charge off date . |
|
|
fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
|
|
|
|
|
Wed Mar 05, 2008 7:49 pm
|
|
|
I'm not sure why it would list your last payment 7-2006 if in fact you made in 11-2005. Those two dates don't have the same meaning. The most important should be date of last payment because that is the date they go by when determining the SOL.
The charge off date should be listed under Account history. They can list several dates so look for the oldest date. That I would imagine would be the charge off date of the original creditor. It should also list 30 days as of (date)...60 days as of (date). and so on up to 180 days.
I am no expert at reading these reports..maybe you can go and post a seperate question on this and see who knows what. Thats what I do when I don't quite understand something. Someone usually replies pretty quickly. |
|
|
Morningstar
Joined: 17 Apr 2007
Morningstar's page
Posts: 601
11 Magic Points
|
|
|
|
|
Wed Mar 05, 2008 10:12 pm
|
|
|
| Quote: |
| Shouldnt these be considerer the same . |
If DOLA and payment date were the same, then paying off collection accounts would cause them to stay for seven years following date of payment.
_________________
I don't dream since I quit sleeping |
|
|
fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
|
|
|
|
|
Thu Mar 06, 2008 11:25 am
|
|
|
| I think the OP said they were different dates. In that case which one would they go by. Mine are listed as same date. By the way your snowman gives me hope this stuoid weather will be over soon. |
|
|
Goancagnosy
Guest
|
|
Subject: Real Estate Agents that try to rip you off!
|
|
|
Tue Mar 11, 2008 4:13 pm
|
|
|
| spam deleted |
|
|
Laura
Joined: 21 Jun 2007
Laura's page
Posts: 1400
34749 Magic Points
|
|
|
|
|
Wed Mar 12, 2008 9:34 am
|
|
|
The date of last activity will be given prominence
_________________
Regards,
Laura. |
|
|
fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
|
|
|
|
|
Wed Mar 12, 2008 7:13 pm
|
|
|
| Thanks alot Laura. Hope this helped the original poster. |
|
|
Richard
Moderator
Joined: 27 Jun 2006
Richard's page
Posts: 126
5047 Magic Points
|
|
|
|
|
Thu Mar 13, 2008 7:19 am
|
|
|
Fireyone, even it is given as the same date, which is probably how that account worked, th DOLA as mentioned by Morningstar is the one to be considered.
_________________
The more you learn the more you earn. Join our community and enhance your knowledge. |
|
|
fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
|
|
|
|
|
Fri Mar 14, 2008 11:33 pm
|
|
|
| What happens if the credit agency lists the debt as a dollar more than the original creditior? This is the only difference in the two on my report. The CA does list cap one as original creditor. seems they are both reporting the smae debt with just the dollar difference. |
|
|
goodnatured
Joined: 03 Nov 2007
goodnatured's page
Posts: 4007
1224 Magic Points
|
|
|
|
|
Tue Mar 25, 2008 1:55 am
|
|
|
I just pulled my credit report, it doesn't give the same information on the debts, does one give more information than the other, what do you guys prefer, experian, transunion or equifax. anyone have a preference and why?????????
I just pulled experian. it is set up goofy. hard to read for the dates, reports some on some and nothing on others.
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online |
|
|
fireyone
Joined: 26 Feb 2008
fireyone's page
Posts: 4500
8812 Magic Points
|
|
|
|
|
Tue Mar 25, 2008 11:37 pm
|
|
|
| I can barely read one report without getting disgusted and worrying myself senseless. I don't want to see the others. I don't even know which place I got the first and only one I ever pulled up. |
|
|
Fasfeed
Joined: 06 Feb 2008
Fasfeed's page
Posts: 87
3252 Magic Points
|
|
|
|
|
Wed Mar 26, 2008 12:56 pm
|
|
|
| The easiest to read to me is equifax.They offer extra information on how to read your report such as account column descriptions, account history status code descriptions,prefix descriptions , etc. I get better understanding with their format. |
|
|
Previous 1 2 3 4 Next 
