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Can someone help me interpret my SOL

Member

Can someone help me interpret my SOL

Below is the listing from Equifax. In Delaware SOL is 3 years. Am I out of the SOL? Date of First Delinquency is 9/2010 but date of last payment is listed as 2/2011

 

549035599918XXXX Current Status: CHARGE-OFF

Account Owner: Individual Account. High Credit:

Type of Account : Revolving Credit Limit: $ 0

Term Duration: Terms Frequency: Monthly (due every

month)

Date Opened: 10/22/2009 Balance: $ 0

Date Reported: 07/24/2013 Amount Past Due:

Date of Last Payment: 02/2011 Actual Payment Amount:

Scheduled Payment Amount: Date of Last Activity: N/A

Date Major Delinquency First Reported: 06/2011 Months Reviewed: 45

Creditor Classification: Activity Description: Transfer/Sold

Charge Off Amount: $ 2,746 Deferred Payment Start Date:

Balloon Payment Amount: Balloon Payment Date:

Date Closed: Type of Loan: Credit Card

Date of First Delinquency: 09/2010

Comments: Account closed at consumers

 

 

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2013 CO  CO CO  CO CO   CO

2012  *      *      *      *     *    CO CO  CO  CO  CO CO  CO

2011 60   90    90 120 150 150 180  *       *      *     *      *

2010  *      *      *      *     *       *     *     *    30    60   60   60

Starting Scores (Aug. 17) Exp. 527 EQ. 481 TU 475
Current Scores (Oct. 17) Exp. 587 EQ. 529 TU 544
Goal Scores (April 18) Exp. 710 EQ. 700 TU 690
Message 1 of 3
2 REPLIES
Valued Contributor

Re: Can someone help me interpret my SOL

Based on DOFD you are past SOL, from what i understand SOL is calculated by DOFD.


I'm not a kid anymore, I've done a lot of growing up! Smiley Happy
Starting Scores Sept '15- EQ-555, TU-542-EX-536
Current Scores as of June '16 - EQ-592, TU-635. EX-629
Gardening since June2016
Message 2 of 3
Regular Contributor

Re: Can someone help me interpret my SOL

It depends on state statute - payments reset SOL in my state.
Message 3 of 3