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How do you determine the date of last activity on your credit report?
Wiki User
∙ 8y ago
The last activity is usually viewed as the last payment made. The rule of thumb is that the SOL begins six months after the account was defaulted on.
Wiki User
∙ 8y ago
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Can a reporting agency change dates on credit report after a dispute?
Yes, the credit reporting agency can update the Date of Last Activity, Date last Reported, etc... But they cannot change the FCRA compliance date, which is the date the account is supposed to come off your credit report.
How do you find the date of last activity on an account on your credit report?
Where to find this information on a credit report unfortunately depends on where you obtained your credit report from since they (credit bureaus, mortgage lenders, etc.,) can all use different formats. However, there should be a column or section under each creditor/credit item listed that shows "Date of Last Activity", "DLA" or "Last Active". The three major bureaus are pretty good about putting this information in a separate column (near or underneath the Date Opened or Last/Date Reported). If all else fails, contact the creditor/collector directly (not the credit bureaus) for the most accurate information about the Date of Last Activity.
How long does it take for an unpaid bill take to be taken off your credit report after it has been paid?
items will remain on your credit report 7 years from the date of last activity. What that means is if the account was already 6 years on your report but it was sold to another company it could remain on your report for another 7 years based on activity
What is the difference between Date Reported and Date of Last Activity on a credit report?
The "date reported" or status date, is the date that the listing creditor lasted updated the information on a consumer's credit file. The DLA is the last time the consumer used an account, either by making a charge, making a payment (prior to default), or incurring service. The DLA is the date that triggers the countdown for how long information can show on a credit report and also triggers the statute of limitations (SOL) countdown for how long a consumer can be sued. The status date is the date that affects credit scores.
Will paying off a few newer accounts in collections help your credit score or will it hurt by staying on your credit report even longer?
Paying off collection or charge offs is NOT SUPPOSED TO reset the DLA (date of last activity). This is the date that determines how long a derogatory account can show on your credit report. You would need to find out the DLA on your specific accounts and follow up after payment to ensure that they are not re-aged. This would be illegal. Better yet, why not offer to pay for removal from your credit report completely?
What does the acronym DLA stand for in an equifax credit report?
Date Of Last Activity
Can a reporting agency change dates on credit report after a dispute?
Yes, the credit reporting agency can update the Date of Last Activity, Date last Reported, etc... But they cannot change the FCRA compliance date, which is the date the account is supposed to come off your credit report.
How long will a chapter 7 bankruptcy appear on your credit report?
The credit accounts will appear in the credit portion of your report for seven years from their date of last activity. The legal item will appear in the public record portion for 10 years from the date of its' discharge.
How do you find the date of last activity on an account on your credit report?
Where to find this information on a credit report unfortunately depends on where you obtained your credit report from since they (credit bureaus, mortgage lenders, etc.,) can all use different formats. However, there should be a column or section under each creditor/credit item listed that shows "Date of Last Activity", "DLA" or "Last Active". The three major bureaus are pretty good about putting this information in a separate column (near or underneath the Date Opened or Last/Date Reported). If all else fails, contact the creditor/collector directly (not the credit bureaus) for the most accurate information about the Date of Last Activity.
Should you pay a phone bill that is eight years old and a collections agency is trying to collect?
== == Make sure that you get your most recent credit report. You can go to AnnualCreditReport.com, and pull a three bureau credit report for free. Once you have your report check to see what the Date of Last Activity is on that collection account. This will determine if you have a collection that is older then the statue of limitation.
How long does it take for an unpaid bill take to be taken off your credit report after it has been paid?
items will remain on your credit report 7 years from the date of last activity. What that means is if the account was already 6 years on your report but it was sold to another company it could remain on your report for another 7 years based on activity
How long does unpaid phone bills stay on your credit report?
Negative credit information remains on a report 7 years from the last date of activity. In other words, the last date you made a payment. I recommend that you settle the debt with the stipulation that the negative entry is removed.
Where can you find the date of last activity for an item on a credit report?
Your TRW should have a date field where the vendor last reported, like (10/99) for october of 1999.
If your credit report states an estimated time for something to be removed is that an accurate time?
Depending on the dates that each credit report has. If it has a certain date posted as estimated time of removal, then it will be removed on or around that particular date. Please make sure that it is dated from the last day of activity for that account.
If a repossession stays on your credit report seven years does that start from the date of the repo or the date of the final sale?
It stays on your credit report 7 years from the date of settlement not the date of repossession.
What is the difference between Date Reported and Date of Last Activity on a credit report?
The "date reported" or status date, is the date that the listing creditor lasted updated the information on a consumer's credit file. The DLA is the last time the consumer used an account, either by making a charge, making a payment (prior to default), or incurring service. The DLA is the date that triggers the countdown for how long information can show on a credit report and also triggers the statute of limitations (SOL) countdown for how long a consumer can be sued. The status date is the date that affects credit scores.
When will a 1999 discharged bankruptcy be removed from a credit report?
It should be removed from the credit report in 2009. A bankruptcy remains on a credit report for ten years from date of discharge.
