topic Impact of dispute verification in General Credit Topics

Impact of dispute verification

katsr — Mon, 30 Jul 2007 15:34:40 GMT

Quick question. I disputed an item (lib fines) with Ex, which they unfortunately verified (TU took it off). A couple of days ago, the item showed up as a True Credit alert as a new derogatory item. Has the clock been reset for another 7 years now? I'd thought not, but I'm a bit confused.
Thanks!!!!

Re: Impact of dispute verification

Anonymous — Mon, 30 Jul 2007 17:59:11 GMT

If they did reinsert, they should send a letter to you. But I think, no matter what, the 7 years starts from the DOLA.

Re: Impact of dispute verification

Anonymous — Mon, 30 Jul 2007 18:21:03 GMT

daytona18 wrote:
If they did reinsert, they should send a letter to you. But I think, no matter what, the 7 years starts from the DOLA.

That's the way I have always heard it goes as well. It's seven years from the date of first occurance. so if you were first late in May or 2001, the derog comes off on or near May 2008. Non if they re-insert it with a different (newer) date, you would have to fight that because it would be fraud on their part.