STUART ALLEN & ASSOCIATES

[Anonymous]

hey my husband has a collection account on his reports from Stuart Allen and Associates and I was wondering have anyone every has any contact with them? if So help please this collection is reporting from 10/2011 and I dont remember them contacting us, so I really dont want to wake sleeping dogs but would like to get it deleted it possible.

[Shogun]

How much is the debt?  Are you trying for deletion without payment?  That would be quite difficult.

[Anonymous]

it just $175 and i am more than willing to pay it if they will do for a deletion.  I just dont want to wake a sleeping dog and then they update the DOLA on the report and wont accept a PFD because the DOLA as of now is 12/2011. we are looking to apply for FHA loan at end of this month and it they update the DOLA that will look like a new collection account.

[Shogun]

Go for a PFD, and actually the DOLA really has no bearing on your scoring.

[Anonymous]

But doesn't the DOLA make it look like a new collection to creditors?

[Shogun]

Nope, the DOFD sets the age of the debt.

[guiness56]

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@Anonymous wrote:

But doesn't the DOLA make it look like a new collection to creditors?

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The DOLA is used for far too many things.  If they used that to make determinations, nobody would have good credit.

[Anonymous]

ok thanks a bunch you guys....I have gotten around 7-9 collections deleted from his reports and this is the last one on there.  his myfico TU went from 538 on June 2012 to 663 on 2/5/13 and that was before another CO got deleted just leaving this one.