Re: Can this be reported on my credit report?
05-19-2008 02:18 PM
When an OC reports a CO Bal $0 they have sold it to a CA.............you need to know the DOFD/DOLA this will also tell you when you are out of SOL. Being out of SOL is to your benifit and is very important!!!!!!!
What is the DOFD/DOLA and what is your SOL?
Being past SOL doesn't mean that the CA can not report!!!
By law (which they usually do not follow) they must notify you & give you 30 days to answer their letter.
You need to send them a DV letter CMRRR and if within SOL be ready to PIF. Always try to PIF with a PFD!!!