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Nothing can legally affect the date of last activity. That date is established according to guidelines set out in the Fair Credit Reporting Act. When a collection account or charge off is reported to the credit bureaus, the data furnisher has 90 days to identity the DLA. It is set, established and cannot be changed. To do so is called "re-aging" and is a violation of the FCRA. If you send a dispute to the credit bureaus, their procedure is to contact the data furnisher and request "verification". This most definitely notifies the collection agency about your dispute. Who knows if they are "alarmed" by this. The bureaus have 30 days (from the date they receive your written dispute) to get "verification" or they must shield the account from view.

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If a debt has been paid to the original creditor and they recall it from their collection agency will a dispute succeed in having it removed from the credit report?

Hard to say. Disputing the collection after you pay off the creditor could still come back as 'verified' from the credit bureaus simply because the collection did happen. If the collection agency does not respond to the credit bureau's query, then the entry will be removed.


Is there a time limit on disputing inaccurate credit information?

There is no statute of limitations in disputing information on your credit report. If it is being reported, it can be disputed. Simple enough! ;o)


How can you get all your credit reports to match?

AnswerYou get them to match by disputing errors with each individual credit agency.


Does your Beacon or FICO score drop while you are in the process of disputing credit report errors?

When disputing information on your credit report for the first time, the disputed information is not calculated into your score during the investigaion. If information is disupte for the second time or so on, it will then be calculated into your score, as it has been found to be correct after the first investigation.


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.

Related Questions

Can a collection ruin your credit report?

Yes a collection can ruin your credit report. Collections are similar to charge offs and will lower your score significantly all depending on the age of the collections and the amount owed. You can remove a collection by disputing it to the credit bureaus or by contacting the original creditor and working out a deal. Either way works well. You might have to hire a credit repair service if you decide to dispute it or have the money to settle the collection if you contact the creditor directly.


How can I effectively dispute a medical collections account with a well-written medical collections dispute letter?

To dispute a medical collections account effectively, write a clear and detailed letter to the collection agency. Include your personal information, the account details, and reasons for disputing the charges. Provide any supporting documents or evidence to back up your claims. Be polite and professional in your tone, and request a thorough investigation into the matter.


How do you remove collections from credit report?

Good question. There are a few tactics to remove collections from your credit report; First, is the debt paid off? If so, the option I would suggest is to write a dispute letter to that specific credit bureau. If the debt has not been paid yet, typically, you can negotiate with the creditor to remove the collection account from your credit report if you pay the debt (WARNING!!! make sure this is stated in writing before you send any money).


How do I Explain a collection on credit report when I can't remember why?

How old is it? Why don't you try disputing it with all 3 CRA's as "Not Mine or No knowledge of Account"


What were Mexico and the us disputing?

The United States and Mexico were disputing about the boarders.Mexico and the United States were disputing about the boarders.


Is it better to write a collection agency to say that you are disputing a debt of 151 or just ignore their notices?

Write to the agency and tell it you are disputing it; that they are not to call or write to you anymore on it and that if they want to pursue it they have to do so in court. You should also notify the appropriate credit agencies that you are disputing the debt not just ignoring it. Ignoring it but not disputing it looks like you are admitting its yours but you do not or can not pay it. That is bad for your credit. If you dispute a small claim, chances are the agency will consider it not to be worth going to court over and write it off.


Can collection law attorneys help me fight a collection company?

Yes, collection law attorneys can help you fight a collection company by disputing the debt, negotiating a settlement, or representing you in court if necessary. They will work to protect your rights and ensure the collection company follows the law in their collection efforts.


How can I effectively draft a dispute letter for medical collections?

To effectively draft a dispute letter for medical collections, clearly state the reasons for disputing the charges, provide any supporting documentation, and request a validation of the debt. Be sure to send the letter via certified mail and keep a copy for your records.


A collection agency reported you to the credit companies even though you are disputing the bill and have a scheduled date for a court hearing--can they do this even though you may soon win in court?

no


What should you do if you get a letter from a collection agency and the amount of the debt is wrong?

The collection agency must give you thirty days to dispute any portion of the debt they claim you owe. You must send a written reply disputing the amount and any proof of your claim.


If a debt has been paid to the original creditor and they recall it from their collection agency will a dispute succeed in having it removed from the credit report?

Hard to say. Disputing the collection after you pay off the creditor could still come back as 'verified' from the credit bureaus simply because the collection did happen. If the collection agency does not respond to the credit bureau's query, then the entry will be removed.


How can I effectively dispute a medical bill collection through a letter?

To effectively dispute a medical bill collection through a letter, clearly state your reasons for disputing the bill, provide any supporting documentation, and request a review of the charges. Be polite and professional in your communication, and follow up to ensure your dispute is resolved.