You would have to enter into a new contract. So if they sent you something and you agreed to it, "in writing", that would constitute a new contract with a new SOL.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
@SamsungHDTV wrote:
@Shogun wrote:You would have to enter into a new contract. So if they sent you something and you agreed to it, "in writing", that would constitute a new contract with a new SOL.
So anything like payment plans would re-age accounts?
And PFD the only "in writing" agreement that wouldn't re-age?
Reason why I ask, I'm considering sending out a few emails.
If you enter into a new payment plan and then you fall through with the agreed plan, then it could reset the SOL.
If you get the PFD and they agree to it, if you pay, then there is no SOL. There is not a SOL on an account with a $0 balance.
Don't confuse the SOL with the CRTP. It won't change how long it can stay on your CR.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.