is there a time limit to pay CA before reporting to CRAS

[JEARLE]

i had an old comcast cable (the OC) bill in the amount of 631.00 (130 of it was a bill the rest was for the modem etc.) I turned in the modem and box and paid them prior to my knowledge it went to collections. The account was turned over to the CA Credit Management. It shows up on two of the three reports only.

It shows the date open 5/2003

Reported since 7/2003

Paid 10/2003

they also are reporting the original amount as 631.00

*can they report items like modem fees etc. The only money owed was 130.00. (So right there they are reporting it innacurate.)

So I paid it in the well respected time limit of 180 days - do they still have the right to place it on my credit report. (if there is any reason to this)

if not what are some ways to have it removed. i have disputed it as not mine and of course came back verified - i would like to get it removed since it will stay on there until 2010. OUCH!

please help!!! if you need additional info - feel free to ask!

[AlmostFixed]

The total money owed was $631. When you sign up with Comcast (or any other telecommunications company) and have leased equipment, you sign forms that state you will be billed for the cost of the equipment. However, since you returned the modem and paid the bill, try sending a letter to the president of your division of Comcast (you can find out who they are at their website under the executive leadership pages). Your letter will end up with Corporate Escalations, and they can make this go away.

[JEARLE]

i](1) In general. The 7-year period referred to in paragraphs (4) and (6)(2) of subsection (a) shall begin, with respect to any delinquent account that is placed for collection (internally or by referral to a third party, whichever is earlier), charged to profit and loss, or subjected to any similar action, upon the expiration of the 180-day period beginning on the date of the commencement of the delinquency which immediately preceded the collection activity, charge to profit and loss, or similar action.

[Ahntara]

"...does this apply..."

No. This formula is for determining an absolute starting date for the 7-year Reporting Time Period. The 180 days is the standard amount of time from delinquency to 'charge off'. Data Furnishers used to play around with this starting date, changing it and extending RTP. The latest amendment to the FCRA added this provision and put an end to this practice (we hope).

There is no law which compels or requires credit reporting. It is a voluntary activity that DF's pay to engage in. You can be reported anytime, as long as the data is accurate.