Re: why chat is it better for me not to pay a CA?
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Posted by Parry
(67.5.187.221) on January 28, 2004 at 13:17:44:
In Reply to: Re: why chat is it better for me not to pay a CA? posted by KS on January 28, 2004 at 12:45:18:
That is wrong. Per FCRA you cannot re-age an account by paying on it. The SOL for reporting begins with the first MISSED payment that led to the delinquency being reported. This date is a date-certain and does not change, regardless of the number of times a debt is sold or changes hand. The SOL per FCRA is 7 years. Once again, no creditor action can re-start this SOL. I suggest you dispute the re-aging with all (3) CB and get it removed.
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