Date of last activity (DOLA), or date of last payment (DOLP), appears on your credit report for virtually every trade line that appears. Fixed loans like a car or mortgage payment are reflected on your credit report, as are credit cards that you have. This date of last activity is significant beyond how it “looks” on your credit report, or for how missing payments hurts your credit rating. Your date of last activity is going to help you with credit card debt negotiation.
The date of last activity for each of your accounts is generally going to be the day your creditor last recorded a payment. We have emphasized throughout the debt relief program how important timing is to your negotiation and funding efforts. Timing of negotiations with your original creditor in first stage collections is the most critical. And this timing is based on your date of last activity.
If your accounts are not yet in late stage collection, you will likely remember (or can easily look up through on line banking or your check register,) when you last made a payment on a credit card. Your records of the last payment you made are a good place to start, but will not always match up with what a creditor will have as your date of lat payment in their system.
Your credit report gets frequent updates from your creditors. The date of last payment is going to be reflected on your credit reports as well.
When you are in, or set to begin, negotiations and settling a credit card with your original lender, the date the bank has as when you last made a payment is the date that matters. How do you learn from a creditor what they have in their system as the date you last made a payment?
Call Your Bank and Ask When You Paid Last
The debt relief program education is designed to help you maintain communication with your creditors, especially in first stage collections. During your periodic conversations with an original creditor, you can ask what day their system has recorded as your last payment. In doing this, you are simply trying to determine how behind you are with payments. You can ask, point blank; “I am trying to come up with a plan to get caught up with my payments. How many days delinquent am I?” – You will rarely fail to get a response.
Track the number of days delinquent you are with all accounts that have not charged off. You should be looking for opportunities to settle and fund, in part or in full, as many offers as you can prior to the accounts reaching 180 consecutive days of nonpayment.
You will use each specific creditors date of last activity to time your negotiations and settlements, and not just with that lender, but with all of the others too.
The date of last activity becomes less important when you are negotiating with a collection agency on an account that is more than 6 months past due. The strategy for prioritizing and negotiating each account in advance stages of delinquency is best designed early on, but you can sometimes approach settling with debt collectors without date of last payment concerns. And when you are dealing with debt buyers, such as Midland Funding, Portfolio Recovery, LVNV and many others, the DOLA matters less, or not at all.
If you have questions or concerns about the date of last activity and what it means to your negotiations and settlements with a specific bank, be sure to post in the comments below for feedback.
Date of Last Activity and Your Credit Reports
Virtually all unsecured revolving consumer credit accounts, such as credit cards, are reported to the major credit reporting bureaus. Your date of last payment toward an account that you fell behind on will generally appear on your credit report as the date of last payment for each specific trade line. Though this date should not change, it unfortunately may when you have debts that are not resolved through some type of settlement.
Collection firms and debt buyers who report to the three major bureaus, TransUnion, Experian and Equifax, have had tendencies to report using a DOLA of when they received the account.
Example:
An account you last made a payment on 24 months ago has just been sold to a debt buyer. The debt buyer reports the account to one or more of the credit bureaus with a date of last activity of this month. The effect of this type of error is the unfair suppression of your credit score and credit report recovery. This type of credit reporting error, if left unchecked, will cause a negative item to appear on your credit report longer than is legally allowed.
Nearly all negative items on your credit report have a legal reporting shelf life of 7.5 years (chapter 7 bankruptcy remains for 10 years and is one of only a few things that get reported longer). In the example above, the date of last activity is reported as 2 years more recent. This may cause that item to unfairly affect your credit rating and access to fairly priced credit products for 9.5 years, instead of 7.
Credit reporting agency representatives have admitted how reporting errors are rampant. You have the right to dispute any inaccuracies on your credit reports. To put it another way; you have a duty to monitor your credit report, and seek to correct any information that is not accurate. No one else is going to do it for you.
You can learn more about effective ways to address credit reporting concerns, disputing errors and out of date information in the credit report and credit score sections. That section will be published later this year. For now, if you have questions or concerns with regard to credit reports and scores, and certainly questions about the date of last activity on a credit card you are negotiating a settlement with, post in the comments below for feedback.
If you are new to the CRN site and would like to get comprehensive information about settling debt, you will want to read through the debt settlement section of our free online debt relief program. Get started with: An introduction to debt settlement.
I just reviewed my credit report and 3 medical bills were just reported. Two are from 2018 for $53.00 and one was from September 2017. They all have an update date of March 11, 2022. I thought medical bills were no longer reported and impacted your credit report. I know I haven’t made a payment on these. Isn’t the one in 2017 going to drop off in September? Should I just pay the other 2 for $53. Thank you for your assistance.
Probably a glitch on the one that can only stay on for a month more. I would ignore that if it were me and let it age off. If it does no, let me know and we can go from there.
Those 2 small ones may also be a glitch. Who is the furnisher reporting these to your credit?
They currently only appear on Experian . The are being reported by Credit Management.
Credit Management Control is a contingency collection agency that I mostly associate with late stage collections. In other words, they focus on trying to get paid on really old accounts that have already been through the collection ringer over and over again.
Credit reporting on these accounts, at this late stage, is a last gasp effort on their part.
Depending on the state you live in, these accounts are passed the time allowed to sue, and are fast approaching the time to be removed from your credit reports. Check out my video on zombie debt for more about how to view this scenario.
All 3 of these bills are medical related and under 500 dollars. The big three credit bureaus announced last year that they collectively will no longer report medical debts under 500. These showing now is either a glitch on the part of Experian, or perhaps Credit Management CNTL removed a medical classifier that allowed these to pop up.
If it were me, I would file a credit report dispute with Experian on two of these.
hello, i am writing to request advice on some collections. If you could help me in any way i would greatly appreciate it. Here is some quick information about the debt.
Date Reported
Oct 15, 2022
Payment Status
120 Days Late
Amount Past Due
$8,695
Date of Last Payment
Feb 07, 2018
so I have been reading a bunch about this because I really want to fix it to buy a house in a few years. But it seems i can’t find the right answer and I’m rather confused. somethings I have read are telling me not to pay it just wait another 2 years and it will fall off in February 2025. some say if I pay it that will restart the 7 year period of it being on my credit report from that date forward, some are saying to pay it and it will fall off in 7 years still. some are saying I should hire a credit lawyer to get it off. if you could give me any suggestions I would really appreciate it thank you.
Who is the creditor or debt buyer reporting this?
Do you agree that February of 2018 is when you stopped paying your regularly scheduled minimum payments?
What state are you in?
I can offer better feedback with those answers.
There is nothing that will restart the 7 year negative credit reporting on this account. You can settle the debt and it will indeed still drop from your credit after 7 years from when you originally stopped paying it.
You can get a home loan with paid collections on your credit.
The difference between my DOLA and NissanMAC DOLA is 14 months. I assume that Nissan is using the date that the car sold at auction. Is this the correct DOLA, or does my last payment hold sway?
When you stopped paying would be the correct date to use to calculate when this will age off your credit reports.
The date difference would not necessarily impact the settlement in this particular situation.
I have 2 or 3 collections on my account and the date of last activity is years off between the bureaus. Should I dispute with them over inaccuracies?
Are these paid or settled collections?
If not, when did you stop paying on them?
What state are you in?
I have extremely poor credit (tons of delinquent medical bills) but a few years ago I began working to improve my score and I was doing just fine until I was seriously injured at work and although I gave the hospital and orthopedic surgery bills to our HR department, these bills ended up on my credit report (I’m not sure why). I’ve contacted HR multiple times but have had no progress. Is there anything I can do to have those derogatory marks removed? Also, each time I check my report I’ve noticed the same debt collection company ( Wakefield and Associates) just continuously changes the dates on them which has kept them on my credit report for over 7 years. I’ve tried to dispute them but my dispute was denied. Now I’m laid off due to COVID-19 and I’m literally watching my dreams of home ownership sink into oblivion. Is there anything I can do to remove these accounts from Wakefield and associates?
I would talk to an experienced debt collection and credit reporting consumer law attorney in your state. You can find some using the drop down menus here: https://www.consumeradvocates.org/find-an-attorney
You have reaging concerns with Wakefield that they should not be able to do, and newer collections issues too.
I am in the process of cleaning up my credit. I know that the last time any of my accounts had activity was 2012 and yet all Collections Agencies reporting Collections are misrepresenting the DOLA. I disputed multiple accounts through the Credit Reporting Agency (only 1 to start) and it came back as verified. Can you please advise how to proceed without inadvertently restarting any SOLs? Any advice is greatly appreciated.
If you are dealing with accounts that should have aged off of your credit reports already, and you have already disputed to no avail, I would file a CFPB complaint against the credit bureau and the collector/bank furnishing that information first. More on that here: https://consumerrecoverynetwork.com/filing-complaints-with-the-cfpb/
If the CFPB complaint, with all of your documentation (always give everything bit of information possible in this complaint) is not successful, I would then talk to an experienced FCRA consumer law attorney in your state. You can find some using the drop down menus here: https://www.consumeradvocates.org/find-an-attorney
“Collection firms and debt buyers who report to the three major bureaus, TransUnion, Experian and Equifax, have had tendencies to report using a DOLA of when they received the account.”
This is a problem I currently have with a collection account I’d like to pay off. When I asked the representative about it, she told me that the date they had was correct. (except it isn’t. There is a 2 year difference between the Date of Last Payment to the original creditor and the date that they have)
What’s the most correct way to go forward from here? Should I contact the credit bureaus and dispute? This is an old utility bill, so the original creditor doesn’t appear on my credit anywhere. What would I use as supporting documentation?
I would dispute with the credit bureaus. Follow the details in that guide I link to.
According to CreditKarma my score just dropped 41 points overnight. When I looked into the details it shows a medical debt was sent to collections. It shows the open date as 10/24/2011 then shows last reported as 9/24/2016. When does the 7 years start in this instance? Also If i were to pay the collection agency would this be removed from my report completely? I can afford to pay it but only think I should if there is a benefit to me. I am also confused as to why it took 5 years for this to show up at all…
Thank you
Is October 2011 when you received the medical attention? If not then, when?
It can take a while for medical debt to report. Much of that has to do with whoever is handling the account. If they do no regularly report, or if your account does not land in a collections office that reports, it may never show up.
Yes, October 2011 is when I received medical attention. Would the 7 years on my credit report start in 2011 or from the last reported date in 2016? Would there be any benefit to contacting the collection agency and paying in full. i.e Would it be deleted from my credit report and increase my score?
Thanks
The date to count from for the 7 year limit is 2011.
If you call and pay or settle the debt, it will update to show a zero balance and resolved collection. And only until 2018. Also know that paid medical debt does not impact your credit scores like they used to. You will get a benefit.
Something similar has happened to my husband. He has three medical bill items on his report. Two from 2010 and one from 2012. He paid them off in 2013. Zero balance since 2013. Now that we are trying to purchase a home, they show last activity 09/16. How can this be? It has suddenly brought his score way down. Can we dispute this? The date of last activity should be in 2013 when he paid it off, not 09/16.
I would absolutely dispute any problems with those items.
I have a telephone bill originally with Verizon, and is now with AFNI. The DOLA is in 2008. AFNI purchased the account in 2012, and changed the date to 2012. What ype of letter can I write to AFNI, informing them that the DOLA is incorrect, AND does this letter I send them become an “Activity?”
I would file credit reporting disputes with the bureaus first. If AFNI stays on your credit reports after that, post an update and lets go from there.
This company has a speedy cash $315 bill and a net pay advance $315 bill on my collections from 2014. Well today i logged on to both websites and found out that I still have access to the accounts to make payments. Should I pay the OC or go through ad astra?Okay so I requested a debt validation from Ad Astra and when I received the documents the dates that they have typed on the letters are not matching up with the dates that they are reporting on all 3 of my credit reports. Such as the date that the loan was open is not the date that they are showing as the open date on my credit report, actually both are showing a couple of months behind. Now I am still within the SOL for another 2 years, so I would like to know if I should just sit on the documentation that I received from their office with the inaccuracies or should I move forward with filing a dispute, or should I proceed with trying to pay the bill.
What are your goals? Are you simply wanting to resolve old unpaid debts because your situation has improved? Are you trying to improve your credit?
Improve my credit… its the last 2 baddies that I have. Next Ill get startedon removing inquiries last.
If your goal is to improve your credit, and the debts are only a couple years old, I would look to negotiate settlements. You can do that directly with the creditor when they do not currently have the account placed with a third party collection agency. If they have it out for collection they will typically tel you to call the collector and resolve the account that way.
Any dispute you send, at least based on the information you have shared so far, is just semantics. It would not change the fact you have unresolved collections on your credit. I would want to get those taken care of given the stated goal.
The collection agency is on my credit, but I really would like to pay via the OC, which I still have access to do on each account. Will the collection be removed if I pay the via the OC? Once paid I would then just dispute the collection as paid to OC, I really don’t have a contract with the CA. The OC has not sold the account, they hired the CA to try to collect on their behalf.
If paying the full amount it is sometimes realistic to do as you suggest, and then, since the debt collector is not involved in the account in anyway, dispute them off of your credit reports. I know of people who succeed with this approach.
Awesome, thanks!
Hi Michael,
I live in Texas and recently disputed several credit cards, with Equifax online, from a failed start up several years back. 🙁 They are all roughly 6 years old. 7 were settled and 2 refused to settle. So they have been sitting there idle now for some time. I started individually disputing the ones with Transunion, via KreditCarma, and in the majority of cases they have been deleted. Yeah, finally some relief!!
Anyway, Transunion has not “punished” me for these disputes, even when they did not remove the record, but Equifax appears to be doing so. Equifax removed 3 accounts, but all remaining disputes came back with a current date ( i.e. 3/2016) updated “Item as of Date Reported” and my credit score for just Equifax tanked from the mid 600’s to 5 something. I suspect this changed my date of last missed payment (which used to show as 5 1/2 years) and that is what caused my score to go down?? But you are the expert.
Interestingly, in reviewing the results I noted that all but two no longer have a “Date of Last Activity”. If I may inquire – could that in itself not be basis for removal? How can the CC companies keep a derogatory record on file that is tied to the 7 yr + 180 day / removal from the Date of Last Activity rule, when there is no Date of Last Activity? What do you think? Should I dispute further, and do you have any specific suggestion relative to the process?
Thank you so much! You are offering a great service here.
Steve
Are the dates and notations you are referring to something you are viewing on creditkarma?
I am trying to qualify for a FHA loan and was told I have an open collection on my account that I was unaware was there. It was charged off by the original creditor (Citibank) and I never saw anything on my report until a couple months back when I was looking to rent a house.
Novea Portfolio Management apparently purchased the debt in 5-2014. I had to speak with them regarding the debt because I have to get this settled in order to close my loan. They seem a bit shady/illegitimate and I was wondering if you knew anything about the company.
I did make a low settlement offer because I need to settle the account, but I’m worried if I make a settlement payment they won’t report to credit bureau (it only shows on my Transunion) and my efforts and money is lost. I will obviously have a letter sent to me outlining payment agreement, if they agree, but any information on this company would be helpful.
I did dispute the account through Credit Karma, but they came back and said they verified the information.
Please help. I’m on a short time line with my loan.
Is the original creditor, in this case Citibank, still showing on your credit reports?
When was it you stopped paying Citibank?
Hey Michael,
You have assisted me with questions about debit collectors before… so I have you saved..LOL…. I have a new one so I got alerts that Enhanced Recovery Company was removed from my credit report, but that same date i received an alert the same day saying ERC was added to my report.. how is that fair.. why can they just change their name and add and remove old debt to my credit report.. Can you answer that for me? Can I dispute this?
Also another collection agency had my acct, but I called and paid the company after it was due… after I made the payment and I requested a receipt that I paid Speedy Cash and not Ad Astra… The rep stated they would email it to me…. I called back and was denied the letter from Speedy Cash…. they were trying to transfer me Ad Astra, but I declined and stated that I have never spoked with anyone at Ad Astra and that Speedy Cash Debit my acct… Can I dispute this and have this removed from my report?
What would be the premise of the dispute you would send about ERC or Speedy Cash?
I guess that I have the receipts that I paid speedy cash and that ad Astra needs to be removed from my report. ….. I am not sure about ERC they changed their name and I feel like are attempting to restart the debt…and it’s only 102 dollars I’ll be willing to play
When was the last payment on the ERC account made to anyone (original creditor, other debt collector)?
March 14, 2014 …. 102 was the only payment owed
If you were current on the account with ERC until last year, this could legitimately stay on your credit reports for 6-ish more years. A paid collection account is not all that bad. Is this now the only collection account appearing your credit reports?
Well I have good news…I looked this morning and ad Astra was removed so I don’t have to dispute them…..
Hello,
I just came across your site while searching for an answer on what is considered the last activity on an account. I had a BoA $250.00 secured card, opened in 2002. BoA messed up my checking account by taking my $50.00 payment out of my checking account TWICE. I had 5 checks returned for NSF, sadly all five combined didn’t even equal the $50.00 payment that shouldn’t have been taken out of my account, but five $33 NSF fees did!. As I was trying to get them to correct their mistake, they closed my CC account, took my security deposit and said that I owed them more than $400.00, even after the security deposit disappeared. Several months ago I got a letter from Portfolio Recovery Associates, LLC., stating that I owe more than $1200.00 on that BoA account! I immediately pulled my credit reports, this item came off my report in 2011 (I believe), so far it is not listed on them now. I have maintained from the very first contact with this agency that I DO NOT owe this debt. Today I got a letter from Portfolio Recovery Associates, LLC. saying I owe $875.64 on that same account.
However, I decided to call BoA today and they are sending me copies of my archived statements from 2004 and 2005, This account was closed in 2004, with the last payment made January 12, 2005. To the best of my recollection, this was paid off with BoA, and should not have ever been in collections to start with. At any rate, the January date, is this where Florida’s SOL starts running from? Or is there another date I need to look for? I also intend to send them a Cease and Desist letter, is there a time limit on that as well? Meaning, can they, in several years try to resume their relentless pursuit of my money and my sanity?
Thanks in advance for any insight. Great info on the site.
Based on the information you shared the debt Portfolio Recovery Associates is trying to get you to pay is 10 years old and well passed the SOL in Florida to sue, and also passed the 7 year limits to appear on your credit reports.
I would send PRA a basic cease communication letter. If they do contact you to collect after that, post an update and I will help you from there. There is no time limit per say. PRA can communicate a single time to let you know their intention, but they won’t. They will just disappear. The debt may get resold to another debt collector, and you would have to repeat the process. But PRA is a gobbler of a debt purchaser, and not much of a reseller of debt, so I do not see that happening based on current practices.
There is no reason any of this should reappear on your credit reports. It something pops up though, post about it and lets go from there.
Thank you so much for the very quick reply! Should I also let them know that I know this is time-barred for litigation? Or should it just be a cease communication?
They should already know the debt is time barred, but if I wanted to make sure they understand that, I may include a brief sentence about it in my letter.
Be sure you send any cease communication letter certified mail return receipt. Keep a copy of your letter and the green card you get back in a safe place.
Thank you for being available to help so quickly! This is always difficult for those of us who don’t know what our options are, or are just confused by the tactics that some companies employ. I ALWAYS send important communications certified, and return receipt!
I will absolutely post an update if they do try to pursue this any further. I can’t thank you enough for your willingness to help!
Hi Michael,
I’m in the process of getting a loan and I was told by my lender that I have a collection account showing in my credit report. I have a print out of my credit report from Nov 2014 and there is no collection account showing.
Lender sent me a copy of the credit report that they have and it shows:
Novea Port
08 Citibank NA; placed for collection
opened 06/13 and reported 01/15.
I didn’t open any Citibank account in 06/13.
This may have been an old credit card that has already fallen off of my credit report because it is not showing in the credit report I got in November.
Can an old debt reappear on my credit report?
Could this be the case, if so what can I do to get this taken cared of and have my loan go through?
Unfortunately, old debts can reappear (not legitimately), and it tends to occur with third party debt collectors. How much is the amount of the debt? What type of time crunch are you under to get the loan through, if any? Do you have any old copies of your credit reports?
The account that Novea Portfolio Management is showing up for on your credit reports may not even be yours. You can send dispute letters to all three of the credit reporting agencies and Novea. Be sure to send them certified mail return receipt.
I may have some additional suggestions after you post your reply with answers to those questions.
Amount of debt showing is a little over 20K (I’ve never had a credit card balance that high). As far as time crunch, I’m not really sure…I would say maybe less than a month, if any. I do not have old copies of credit reports, just the one I got from November 2014, I checked to make sure credit is okay before going through with any loan.
I don’t have any contact info for Novea, never heard of that company.
I would dispute the debt as not yours, or as too old to stay on your credit reports.
Novea Portfolio Management is a debt collector out of Florida that appears to be mostly involved in collecting really old debts.
The debt may not be yours, or based on the note in your first post of “08 Citibank NA; placed for collection”, and with no Citibank reporting, and assuming you had an old account with Citibank, they had the date of first delinquency earlier than 2008, which is why Citi has dropped off, but a debt collector illegitimately reaged it (if they are legitimate to begin with).
You may want to consider filing a credit reporting complaint against Novea Portfolio Management with the CFPB .
Thank you so much for you help, Michael!
If I’ve read correctly on other threads, won’t settling with the collectors restart the clock to another 7.5 years till they drop off?? I feel like I’m so close to where I should just wait, but I don’t know the status of the foreclosure home I’m in and how long I have till they take over the house. The owner has made nor received any communication with the bank in a couple years.
I’m going to pay the most recent one with AFNI…but will settling the old ones raise my score enough and put me in good standing?? I’ve heard that settling old debts does not really make an impact on your credit score.
I appreciate all your help!! I’ve been trying hard to better myself and get back on track. I’m happy with the progress I’ve made the last few months. I just feel rushed :/
Allison – If you have read something on this site that suggests settling or otherwise paying a debt collector means they get a fresh set of 7 years to damage your credit profile – please point me to where you read it. That is not the case. Collection accounts do not get refreshed like that. At least not legitimately. The exception is the new credit reporting entry that would come with a judgment if sued for collection. But that does not apply to you.
Its not that settling old debt in your situation is going to improve your credit score. It is more about getting a home loan through underwriting with unpaid collections on your credit reports these days.
Your comment about feeling rushed could mean that this is not a good idea for you right now. If the home is still an option next year after these fall off… great. If not, great. Just keep saving and have a down payment for the house that is right for you 12 or more months down the road.
The whole reason I quit paying on those credit cards all around the same time was because of the foreclosure. At that time, I assumed because the foreclosure was going to destroy my credit, why bother continuing to pay on the other things. I’m realizing now that was not the best decision to make! Lessons learned!
Allison – Based on what you have shared, and in order to reach your goal quickly, you would need to settle the collection accounts with LVNV Funding, Calvary Portfolio Services, LTD Financial Services, and the most recent collection item with AFNI – if you want to get qualified for FHA type of home loan financing. The collection accounts are passed the statute of limitations to be sued in order to collect in your state (for open ended revolving consumer accounts). This means there is little leverage the debt collectors will have, other than your credit reporting needs, which you should never imply you are interested in. Once negotiated and settled per the deals you negotiate (get them all in writing before paying), all of them reporting to the credit bureaus are required to furnish only accurate, current and up to date information. If they do not update the credit reports as paid/settled/zero balance owed, post an update in this comment string and lets go from there.
Its probably that, or the likelihood of waiting for this stuff to drop off, which is not a bad option, just not one that will put you in the best position to accomplish your goal with the home you are in now.
Talk with an experienced foreclosure defense attorney in your area about any options they might see for you regarding the loans you took back then.
Hello, I’m trying to get my credit back in good shape. As everyone else I made poor decisions when I was younger. I’m now trying really hard to get back on track & boost my credit to where I can buy the house I’m currently living in with my 9 year old daughter ASAP before I loose the house. I have a secured credit card with a limit of $300, which I’ve been perfect with, and a fingerhut card which has also been perfect & has gone from a limit of $300 to $1050 within the last year. Next month will be a year with the secured CC so I’m going to look into getting a credit increase.
In the last month, my credit jumped +19 points and is now at 609. I have 3 credit cards that have been closed for quite a few years and are have been with collections. I’m trying to find out the DOLP on them to see if its at the 7.5 year mark because the dates the collectors show are definitely not correct. I called Capital One to get the DOLP and they said they are unable to give me that date and that I would have to contact Sherman Financial since it was sold off to them. Capital One was able to give me the Balance at the time it was sold off to Sherman but not the date. I have yet to try and call Sherman since this doesn’t seem right to me. And I’m holding off on calling the other 2 credit card companies till I figure out exactly what I should do. I don’t want to awaken the beasts.. lol
I look forward to your response and guidance!
Allison – What state do you live in? What would you roughly estimate the date for when you stopped paying these accounts to be? What are the balances on the accounts in collection?
I live in Florida…I pulled up my free reports from Experian and Trans Union. This is the info I got:
Capital One:
last pymt was 1/2/09
estimate date of removal 9/2015
Account was closed and is currently with LVNV Funding
Current balance is $1784 (original credit line was $500)
Shows it will be on record till 2/2015
Bank of America:
last pymt was 11/21/2008
estimate date of removal 10/2015
Account was closed and is currently with Calvary Port
Current balance is $4474 (original credit line was $2000)
Shows it will be on record till 8/2015
THD/CBNA (home depot card)
does not tell me date of last pymt but I believe around the same time as the others
estimate date of removal 1/2016
Account was closed and is currently with LTD Finc SVC
Current balance is $945
Shows on record till 8/2014
I also have a Direct Tv account from around 2012 for $164 that is currently with AFNI. Shows on record till 2/2019. Since its so recent, I’m thinking it should be a good idea that I pay that off.
Credit Karma tells me total collection balance is $7367 but I have a home foreclosure that was broken up into 2 mortgage loans from 2006. Home purchase price was $145k & It was a joint mortgage with my daughters father. I left him and the house in 2007 and he quit making payments in 2008 I believe. That is a whole other project to investigate because we were in our 20’s when we bought the house in the middle of the housing boom here and we were very eager and naive. Reading a bit about the banks & mortgage company we used, I believe we are victims of predatory lending. They had some huge class action suits and settlements. I just have no idea where to even begin with that whole ordeal.
Other than that, thats about it. I have no medical bills that I’m aware of and no student loans. Looks like I have about another year till things start falling off my report, but is there anything else I can possibly do to keep raising my scores? The house I’ve been living in for a year now is owned by a family member and has been in foreclosure for some time now. They were going to list for short sale, but they are deciding to wait for me to be able to buy it for hopefully around $40-50k. Its basically a race against time and the bank!!