DV or SOL to ASSET ACCEPTANCE?

Discussion in 'Credit Talk' started by amr1975, Nov 29, 2006.

  1. amr1975

    amr1975 Member

    I have a Debt from First Premier Bank that went 120 days Past Due in 9/02. The debt is now showing up on my Credit as ASSET ACCEPTANCE opened 4/06.
    They are currently reporting negatively on my Report and I would like them to stop or have them removed... In my state SOL is 4 years should I send SOL letter or try DV? The original Debt is over 4 years old now... (I have not had any correspondence with them ever)

    Thanks in advance for any help.
     
  2. direred

    direred Well-Known Member

    SOL for suit is different than the SOL for reporting, which is 7 years.

    Was First Premier charged off?
     
  3. amr1975

    amr1975 Member

    That makes sense...

    FIRST PREMIER BANK
    Account Number: 517800704556XXXX
    Acct Type: Credit Card - Revolving Terms
    Acct Status: Closed
    Monthly Payment:
    Date Open: 2/1/2002
    Balance:
    Terms: Revolving
    High Balance:
    Limit: $350.00
    Past Due:
    Payment Status: Account transferred to another office
    Comments: Transferred to another lender or claim purchased

    Its only up to $750 with CA I would pay it if it would help, I just want to do whats best to improve my 620 score...
     

Share This Page