Write the creditor or reporter of the information and request verification of the debt, including the date of last activity. Ask for a detailed accounting of how that date was established. If you can establish another previous date, the reporting company would have to change it. But, note that you might be acknowledging the debt...and this could have its' own repercussions.
Your TRW should have a date field where the vendor last reported, like (10/99) for october of 1999.
This is often the case as it is not updated. You should call and make sure they are kept current in their reporting.
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.
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.
"At an earlier time or date".
The date is changed after you have performed the Daily Close and are prompted to advance to the next date.
Date of Last Activity
the date was changed because people didn't like how the date wasn't celebrated on the right date history placed it.
If the current date is after the 28th, four weeks ago was in the current month, and the date was - 28.If the current date is before the 29th, four weeks ago was in the previous month, and...... if the previous month was a 28-day February, the date was the same as the current date.... if the previous month was a 29-day February, the date was + 1.... if the previous month was April, June, September or November, the date was + 2.... if the previous month was January, March, May, July, August, October or December, the date was + 3.
Five years from the closure date.
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.
The statute of limitations on accounts reported to your credit history is 7 years from the "date of last activity" on the account. Bankruptcys remain on for 10 years from the date files, Tax Liens 7 years from the date paid. Repossession, P&Ls, Collections, and Foreclosure - 7 years from the date of original delinquincy.