Questions about collections, is there anything that can be done? The dates seem off.
Collection on debt to: Ge Capital The collection agency "Asset Accept" was hired to collect a debt of $172 originally owed to "Ge Capital" on account number "XXXX6050". Collection agency [?] Asset Accept Original balance [?] $172 Current balance [?] $0 Status [?] Not Reported Date assigned [?] May 11, 2007 Date reported [?] Mar 27, 2008 Date last active [?] Not Reported Date paid [?] Sep 30, 2007 Date closed [?] Sep 01, 2007 Original lender [?] Ge Capital Account number [?] XXXX6050 Type of account [?] Not Reported Account holder [?] Individual Type of credit [?] Not Reported Payment status [?] Not Reported Largest past balance [?] Not Reported Amount past due [?] Not Reported Account descriptions [?] Not Reported
I paid this in full in 9/07 to another CA that Asset sold the account to. Why would Asset report anything on this in March of '08? The collection first happened in 10/05, so I'd think this should fall off in 10/2012, but the earliest date on this collection is 5/07 and the latest date is 3/08 both of which are wrong... is this thing hurting my score anymore than it would be if the dates were correct?
Re: Questions about collections, is there anything that can be done? The dates seem off.
The reported date is the date the account was last updated by the CA. This could have been triggered by a dispute, a DV, or just a periodic update. To be sure, I'd recommend pulling your CR directly from TU and/or EX (not from here) and that will give you a drop off date. If you are 100% certain that DOFD occured in 2005, and the drop off date isn't listed as 2012, then it has been re-aged, maybe when the accound was sold.