Re: 1997/FCRA question

Posted by Why Chat (209.240.222.130) on July 31, 2002 at 19:17:24:

In Reply to: 1997/FCRA question posted by Please answer on July 31, 2002 at 16:39:00:

If an account is charged off after Dec. 1997, the FCRA requires the creditor to report to the CRA's the first delinquency date.If it was charged off before then, they may have held it in delinquent status, piling interest and late fees on for a year before chargeoff -and no one would know.

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