Regular Contributor
Posts: 144
Registered: ‎06-28-2012
Re: LVNV BBB Response
[ Edited ]

Tryingtogetthere wrote:
Just looking for a little clarification on what you mean. The SOL can not reset when the account is sold right? The DOFD with OC was in early 2006. I'm am trying to remove it now becasuse I am buying a house in the next 3 months.

No, the state of limitations will not reset but they may or may not delete. They may resell to another company which will tank your score, making it lower than it is because it will be a new collection from 2012, not 2011, which has aged a bit. If they do not delete, you will have to pay before you get a loan. If I were you, I'd wait the 5 months and let it fall off!

Starting Scores:
Lender Pull 7/10/2012 EQ 585 EX 617 TU 551
8/2012 MyFico EX 598 01/2013 EX 608 2/2013 EX 620 Smiley Surprised)
9/12/2012 624 (Fico Discover)
02/7/2013 660 (Fico Wally)
At least I'm heading in the right direction!!!

Goal Score:740+, home loan and Get rid of subprime cards!!!