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Subject Topic: COLLECTION ACCOUNTS Post ReplyPost New Topic
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Mochas97
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Posted: 18 February 2010 at 11:06am | IP Logged Quote Mochas97

I every one.  It has been a while since I last posted.  But I need a refresher.  Does collection accounts (pd) stay on your report 7 yrs from the date reported or 7 yrs from the day paid.  Could some one please respond

 
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94B10
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Posted: 18 February 2010 at 4:48pm | IP Logged Quote 94B10
Neither. The reporting SOL for collections/charge offs(bad debts) is 7 years from DOFD.

If you're not sure about the acronyms check out the acronym thread.

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