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I currently have a CA with an account from ATT with a DOFD of march, 2010. They will not do PFD. IT's set to fall off march 2017. I've tried to pay, but they just said they will update to paid, not delete. SOL in my state is 6 years. They validated the debt, and dent me a full copy of my last bill. So, lets say I play the waiting game, and wait for it to fall off, or possbily ask for an EE with the bureas when it gets closer. My question is, are they allowed to sell the debt before then, and then that company be allowed to report for another 7 years? If I did pay this, could they report longer? Or no matter what, is it to removed and thats that?
+1
Debt collectors dont determine when their collection becomes excluded from your credit report.
The CRAs do the exclusion.
Whenever a debt collector reports a collection, they are required to additionally report the DOFD to the CRA.
The CRA then uses that DOFD to exclude any collection.
Total CL: $321.7k | UTL: 2% | AAoA: 7.0yrs | Baddies: 0 | Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping |