will Creditors tell me when my last payment was made?

[wk21030]

I was stupid as a young adult racking lots of debt up fast. Now i'm older and trying to buy a house and finding it increasingly difficult. The SOL in my state according to your very informative website it says MD is 3 years across the board except for promissory ( someone please explain what kind of debt that is please)

My question is if i call my debtor and ask when the last payment made was will they nessesarily tell me? or should i call say HSBC directly?

secondly should i try to square all my debt away if it's beyond the SOL or would that do more harm than good? obviously i want it off of my report but i'm as ignorant as i was when i started blindly spending.

William Keller

[WhoCares1000]

A Promissary is a specific note that shows what was borrowed, when it is to be paid back, and what the interest will be at payback. There are written and signed. Usually, promissary notes are also one time payments so more likely than not, you do not have to worry about that.

As for telling you when you last paid on the account, to tell you the truth, no one may know the answer to that. Your accounts have probably been sold and sold and sold so many times that the information is not available.

Also, paying on these accounts at this point may be the worst thing you can do because they will simply renew the reporting period for your credit report and give your score issues because the account information will then be newer. Sometimes best to be patient and let the baddies fall off on their own. You can try to dispute the entries and see what happens.