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SOL

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tray
Valued Contributor

SOL

Hi, everyone I have a question if someone can answer it for me in regards to the SOL  to the years varying by state, does it go by what state you were living in when you obtained the credit card or what state you currently reside in at this time.  Also does the SOL start at DOLA.  Thank you for any information.

Starting Score: EQ 546 TU 566
Current Score: EQ 693TU 08 729 EX 08 738Need to Garden/New Accounts
Goal Score: 800
Message 1 of 5
4 REPLIES 4
llecs
Moderator Emeritus

Re: SOL

Your answer does vary by state. I don't know of a master list that would point to what's what, but in general, SOL is based on where you live now. Again, it does vary by state.
 
Typically SOL starts at DOFD, rather than DOLA, however a payment (resetting DOLA) can restart SOL. That too varies by state.
Message 2 of 5
Anonymous
Not applicable

Re: SOL

I have heard many different things. Payment full/partial resets the statute. DOLA resets the statute. Does contacting a CA or OC while the SOL is still running reset the debt? Thanks...........
Message 3 of 5
Anonymous
Not applicable

Re: SOL

If you are in a state that uses DOLA for SOL.....the only thing that will re-set it is a payment by YOU!
 
You need to check your state. Without looking, I think it is Ga.  that states that if you make a payment BUT do not admit that the debt is yours or send any kind of note....it will not reset SOL.
Message 4 of 5
Anonymous
Not applicable

Re: SOL

I am in Tennessee. Not sure about where to look for the info....
Message 5 of 5
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