akins503 Posted April 18, 2007 Report Share Posted April 18, 2007 What does Date of Last Activity represent. What should I do if CA's date of last activity does not match the OC's date of last activity. Link to comment Share on other sites More sharing options...
MadinKS Posted April 18, 2007 Report Share Posted April 18, 2007 Basically, DOLA is the last time you made any payments on the account. If they report a new DOLA, it will re-age your account and make it look more recent. If this is happening you need to dispute w/CRAs and tell them you dispute the DOLA specifically. Also, you need to send a letter to the CA that tell them you are on to their tactic. This is illegal and you need to let them know that you know that. Link to comment Share on other sites More sharing options...
willingtocope Posted April 18, 2007 Report Share Posted April 18, 2007 Not exactly. Its the "date of first delinquency" that is important. This is the date on which the account was first delinquent and never brought current. This determines when the account will fall off your credit reports. Its established with the OC...and the CA needs to abide by the same date.DOLA can be a payment, but it can also be a charge...or, it can even be the date on which the CA aquired the debt. You could, for example, have a DOLA if you made a partial payment to the OC...after the DOFD...that would not reset the 7 year clock.(Just to further confuse things...some states do use the DOLA in determing the SOL...but again (Usually, anyway)...its the DOLA with the OC, not the CA). Link to comment Share on other sites More sharing options...
MadinKS Posted April 18, 2007 Report Share Posted April 18, 2007 I shouldn't have used the word re-age. I guess I should have emphasized the "makes it LOOK more recent". Sorry. Link to comment Share on other sites More sharing options...
akins503 Posted April 18, 2007 Author Report Share Posted April 18, 2007 I shouldn't have used the word re-age. I guess I should have emphasized the "makes it LOOK more recent". Sorry.For example I have an OC reportin DOLA was 5/01. The CA is reporting DOLA was 6/02. What should I do? Link to comment Share on other sites More sharing options...
MadinKS Posted April 18, 2007 Report Share Posted April 18, 2007 Dispute the DOLA w/the CRAs. Have you already disputed? Link to comment Share on other sites More sharing options...
willingtocope Posted April 18, 2007 Report Share Posted April 18, 2007 Although, again, the DOLA don't mean squat. Its the DOFD that's important. Link to comment Share on other sites More sharing options...
MadinKS Posted April 19, 2007 Report Share Posted April 19, 2007 Yeah, that too. I was going for the SOL thing, but you're right. Dispute everything, including the DOFD and the DOLA. Link to comment Share on other sites More sharing options...
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