Collection and Date Reported Question on TU Report

am0108 · ‎04-05-2008

I have been trying to find the answer to this question from pass thread but have been unsuccessful. I hope that someone can help me with my concern.

In college, I signed a lease with this apt complex that turned out to be somewhat questionable and tried to back out of my lease. I still moved out despite their resistance to dissolve the lease agreement.

Now it's in collection, which was first assigned on Feb 27, 2003 but last reported on March 6, 2008. There is no DOLA. How long will this remain on my TU Report or will they continue to report until I pay? Please Help!!!!

Message Edited by am0108 on 04-05-2008 10:13 PM

dragnldy · ‎04-05-2008

You can call the CRA and find out the DOFD. You can also DV the CA. When did you move out? That should be the date to go by.

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Anonymous · ‎04-06-2008

am0108 wrote:
I have been trying to find the answer to this question from pass thread but have been unsuccessful. I hope that someone can help me with my concern.

In college, I signed a lease with this apt complex that turned out to be somewhat questionable and tried to back out of my lease. I still moved out despite their resistance to dissolve the lease agreement.

Now it's in collection, which was first assigned on Feb 27, 2003 but last reported on March 6, 2008. There is no DOLA. How long will this remain on my TU Report or will they continue to report until I pay? Please Help!!!!

Message Edited by am0108 on 04-05-2008 10:13 PM

What is SOL in your state?

What year did you break your lease? If it was assigned to collections in Feb 2003, DOFD was before that.

Where did you pull your TU report from?

Find SOL here -

http://www.bankrate.com/brm/news/cc/20040116b2.asp?caret=8

am0108 · ‎04-06-2008

TU didn't have enough info so I went ahead and got a EQ CR. The lease ended on Feb of 2003 with the last payment made on Nov of 2002. The SOL in TX is 4 years, however, I just wonder how long can they continue to report? If so, does that mean that this collection will remain with me forever?

Anonymous · ‎04-06-2008

IF the last payment was Nov 2002 - it was first DQ on Dec on 2002

So it should drop about Nov of 2009-

They are updating monthly to punish you-

am0108 wrote:
TU didn't have enough info so I went ahead and got a EQ CR. The lease ended on Feb of 2003 with the last payment made on Nov of 2002. The SOL in TX is 4 years, however, I just wonder how long can they continue to report? If so, does that mean that this collection will remain with me forever?

Anonymous · ‎04-06-2008

am0108 wrote:
however, I just wonder how long can they continue to report? If so, does that mean that this collection will remain with me forever?

They can't remain forever on your CR. They can continue trying to collect. It will drop 7-7.5 years from DOFD.