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What if the date of the last activity is blank or reported as NA?
Wiki User
∙ 9y ago
This is often the case as it is not updated. You should call and make sure they are kept current in their reporting.
Wiki User
∙ 9y 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.
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 a dispute letter renew the date of last activity on a collection debt?
The letter itself will not change a DLA. The Date of Last Activity is SUPPOSED to be the date you last made a charge on the account, the date you acquired service, or 6 months from the date of last delinquency (if there is no other way to establish the DLA). Many collection agencies sidestep the Fair Credit Reporting Acts' statute of limitations by not reporting DLA's at all. How can they be expected to remove an account that is past the statute of limitations if they don't have the DLA? (tricky, huh?) Disputing a collection account will change the date the account was last reported on the bureaus. This date, much more than the DLA will cause the account to affect your credit score.
How do you determine the date of last activity on your credit report?
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.
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.
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.
What if activity is reported and date changed to a previous date?
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.
What is DLA?
Date of Last Activity
Does the date of last activity on a credit card debt collection mean the last time the card was used or the last payment that was made on the account?
Which ever is the most recent would be the date of last activity.
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.
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 a dispute letter renew the date of last activity on a collection debt?
The letter itself will not change a DLA. The Date of Last Activity is SUPPOSED to be the date you last made a charge on the account, the date you acquired service, or 6 months from the date of last delinquency (if there is no other way to establish the DLA). Many collection agencies sidestep the Fair Credit Reporting Acts' statute of limitations by not reporting DLA's at all. How can they be expected to remove an account that is past the statute of limitations if they don't have the DLA? (tricky, huh?) Disputing a collection account will change the date the account was last reported on the bureaus. This date, much more than the DLA will cause the account to affect your credit score.
If something stays on your credit for 7 years from the 'last activity ' does this mean the last payment you made or the last collection attempt?
It means the first day the account became delinquent. Say your payment was due Jan 1, 1997 and your contract stated the account would be delinquent if payment was not received by Jan 15, 1997 and you made no payments on the account after that date. The date of last activity should be reported as Jan 15, 1997. If it is not then dispute the account with the CRA's.
If negative info can only be reported for seven years how do you find out what the date of last activity means for a personal credit card?
The DLA is usually seen as being the last time a payment was made on the account. The date of last activity is the last time the account in question was paid as agreed immediately prior to its' default. Once a defaulted account is reported to the credit bureaus, the creditor has 90 days to identify the DLA. This date is THE date that triggers the 7 years countdown for its' reporting period and the statute of limitations for how long the consumer may be sued (under state laws). Nothing can legally change this date, even subsequent payment. This date should be identified in some manner on your credit report. If not, write the credit bureaus, quoting from the Fair Credit Reporting Act, and request identification of the DLA on the account in question.
How do you determine the date of last activity on your credit report?
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.
What does the acronym DLA stand for in an equifax credit report?
Date Of Last Activity
