Morning everyone, Guess this question has two parts- first part -what is the validity of a mortgage (tri-merge) credit report in comparison to an independent report from a CRA...... hold that answer, it ties into the following scenario. Okay, there's a repo on my credit report with Nicholas Financial who is the OC-don't understand why they still have it- but anyway, on my "mortgage" style credit report from 10/03- it listed the account, with a $6943 balance, and it had the DLA as 12/95. It is only listed with Experian. Okay, now my Experian report has the same account, same balance, but a DLA date of 8/97. I wanted to dispute as obsolete, so I called Experian, and the rep put me on hold to "research" the account. She stated that the DLA is 8/97. To my knowledge the accurate DLA IS 12/95. Definitely not 8/97. But I don't have any other documents to substantiate that date other than my "tri-merge" credit report. What should I do? Leave it alone, send validation to OC, and/or dispute as not mine with CRA? I'm having success with my credit repair thus far, I haven't TOUCHED this one yet- I don't want to make the wrong move. Please help Thank you for your time
Based on the 12/95 date- Yes, I'm in Georgia and the 7 year rule applies. Based on the 8/97 date- no, I have to wait until August
You are confusing between reporting period and the statute of limitations. The former is 7 years regardless of the state you live in. The latter varies from state to state. Regardless, except for RI and WY, I have not seen any state that has a longer SOL than 6 years, in which case, the SOL has most likely passed.
