RobertEG....can you advise?

Anonymous · ‎03-20-2013

I posted this a week or two ago and was told you are the expert on this sort of thing. Can you advise me?

So...the OC is chase and has DOFD listed as 9/2007. The collection agency that bought this debt has the DOFD as 2/2008! What do I do? Dispute with cRa? I'd really like to pfd this, but they said no originally. Will this give me some leverage?

Tanks

DaBears · ‎03-20-2013

@Anonymous wrote:
I posted this a week or two ago and was told you are the expert on this sort of thing. Can you advise me?

So...the OC is chase and has DOFD listed as 9/2007. The collection agency that bought this debt has the DOFD as 2/2008! What do I do? Dispute with cRa? I'd really like to pfd this, but they said no originally. Will this give me some leverage?

Tanks

2/2008 would be the date the CA bought the debt from Chase. Can you post a the TL as shown on your CR's?

Credit Scoring 101
Guide to Common Abbreviations

Anonymous · ‎03-20-2013

Hmm...I have a hard copy of the cr.

OC says removal 8/2014.
CA says removal 1/2015

CA bought the debt 10/22/2009
CA has last payment listed as 9/19/2007
OC has last payment listed as 9/19/2007.

Anonymous · ‎03-20-2013

Payments have nothing to do with the DoFD.

If the CA isn't reporting the correct DoFD, as furnished by the OC, directly dispute it with the CA under FCRA 623(a)(8).

Anonymous · ‎03-20-2013

Does the sol start with DOFD?

Anonymous · ‎03-20-2013

SOL for suing? Yes it does.

Anonymous · ‎03-20-2013

Ok. The OC is chase and they just told me DOFD is 9/25/2007. Should I lay low until sept to not be sued and then attempt to settle with the CA?

Anonymous · ‎03-20-2013

Chase also told me it stays on my cr 7 years from the date it sold in 09!

Anonymous · ‎03-20-2013

If the OC sold the debt they cannot sue you. You have to own a debt in order to do that.

The OC and CA don't come up with a drop off date, that would be the CRA. They derive it based on information reported by the creditors. It can be incorrect. The only true way to know the exclusion date is the DoFD.

The CA has to go by the same DoFD.

ETA: Maybe I misunderstood your post. Yes, I wouldn't do anything right now. Wait it out.

Anonymous · ‎03-20-2013

@Anonymous wrote:
Chase also told me it stays on my cr 7 years from the date it sold in 09!

No, it does not. It goes from their DoFD.