No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
The last collection item on my credit report that I am waiting to come off is only on EQ.
The collection is $4,000
Last reported 3/23/09
Small IL collection agency
Date to fall off: Oct 2015
Do I leave it be or try to PFD? I'm trying to get a mortgage and don't know if I should wait or just try to get pre-approved with it still there.
@Anonymous wrote:The last collection item on my credit report that I am waiting to come off is only on EQ.
The collection is $4,000
Last reported 3/23/09
Small IL collection agency
Date to fall off: Oct 2015
Do I leave it be or try to PFD? I'm trying to get a mortgage and don't know if I should wait or just try to get pre-approved with it still there.
If its past SOL send them a reduced PFD settlement offer. You will have to pay it in order to close and if they find out you are going for a mortgage there will be no reduced amount deal since they know they can stop the closing.
When does the SOL start? The date I signed the loan or the date the collection agency takes over? Either way, the SOL in my state is 10 years and even if it's the loan date, I don't think 10 years have passed. I think it will be off my CR before the SOL has past.
@Anonymous wrote:When does the SOL start? The date I signed the loan or the date the collection agency takes over? Either way, the SOL in my state is 10 years and even if it's the loan date, I don't think 10 years have passed. I think it will be off my CR before the SOL has past.
The DoFD is the date that SOL & CRTP run from unless there are other laws in your state that say something else.
Thank you. Then that's not until 2018.