I'm sure this has probably been answered, but I couldn't find it worked like this. I've been told by "credit experts", that it doesn't matter if you talk to a creditor and it shows "last reported", that under the Fair Credit Act (or something, think that's it) it's 7 years from the point that it went past do for most things. Like electrical bills, phone bills, etc. Though when I read online I see a lot of stuff that is contradictory. It wont come off if you talk to them, and if they sell it the time restarts. The time restarting, at least from my research, is illegal. It's suppose to be from the time the payment was missed as far as I know anyway. Can someone clarify this for me?
I have a cell phone bill on there. A fraudulent check (I'm not the fraudster, someone else was), a couple medical bills, and a couple bills related to house hold stuff. Like electricity and trash. I didn't know you had to call and shut them off when I left my first place (live and learn right?). A lot of these are in the 5 to 6 year old range, but when I check credit karma it says "last reported", and those are outright lies. I contacted two of them, not claiming to be myself, claiming that I don't accept the debt, and that I was calling to dispute. That was only for 1 or 2 of them. So I'm trying to figure out my best route to go. 75 to 80% of them are going to be at the 7 year point in the very near future. Though if it's from the last date of report, or if they can sell them and it starts over, I'm not really sure what to do.
Thanks for the responses!