All CC are (type of account) open accounts promissory notes are for auto and mortgage etc.
All CO should show closed/paid closed/ CO/assigned/sold something like that
Your CR should tell will remain on account until month/date the wording may be different but you should be able to understand it....it will ONLY show on your CR
TU and EX drop by DOFD EQ uses DOLA
The SOL is set by each state when it drops from your CR is set by the OC (CRTP) federal law.
If your SOL is 5 years start counting from DOFD (when you last paid) up till the end of the month and year
The date that you opened or the date that the account was closed or CO means nothing.
When you are past SOL (5) years it will still report on your CR untill drop date paid or unpaid!
Message Edited by HappyDays on
03-24-2008 03:56 PM