Reply
Established Member
Matisyahu
Posts: 22
Registered: ‎10-16-2012
0

SOL is it with original creditor or collection agency??

I have some new collection accounts showing up... most of which are medical bills  my question is for example one of them the original date of service (bill date) was back in 2004 which is past our 7 year sol in washington state. does the SOL begin from first activity (back in 2004) or when it first reports as a collection account (12/2012)? 

Moderator
Shogun
Posts: 12,952
Registered: ‎04-15-2011
0

Re: SOL is it with original creditor or collection agency??

The SOL and the CRTP is always set with the OC.  It is set when the account first went bad and was never brought back to current.


Starting Score: 504

July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+

Take the myFICO Fitness Challenge

Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
Established Contributor
sphinx313
Posts: 567
Registered: ‎02-12-2011
0

Re: SOL is it with original creditor or collection agency??

By showing up do you mean sending you letters or on your credit report? By my terrible math it's been 8 years so I assume not on your CR? But +1 with Shogun's post.



Starting Score: 532/564 10/21/12
Current Score: TU: 594 EQ: 628 EX: 617 BoA Credit Pull Denial Letter 2/20/2013
Goal Score: 700


Take the FICO Fitness Challenge

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}