CA Question

[Anonymous]

Is Date Last Active the same as DOFD?

Is this the Date used to figure the 7 years for collections?

Thanks,

[llecs]

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afewcrowns wrote:

Is Date Last Active the same as DOFD?

Is this the Date used to figure the 7 years for collections?

Thanks,

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Two different things. DOFD or Date of First Delinquency is not the same of Date of Last Activity (DOLA). For example, you can have a CO with a DOFD of 2002. If you make a payment in 2008, then the DOFD will still be 2002 but the DOLA is 2008. DOFD would start the clock on the 7 yr CRTP.

Some say that EQ uses DOLA rather than DOFD, but this never has been the case with me.

[Anonymous]

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llecs wrote:

Some say that EQ uses DOLA rather than DOFD, but this never has been the case with me.

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This used to confuse me as well.

What that means is on your EQ report......the DOLA field will/should have the same date as the other reports have for DOFD.

It is still the same date, but EQ reports it as DOLA.