DOLA vesus Date of 1st Delinquencey

Discussion in 'Credit Talk' started by kemcos, Feb 14, 2003.

  1. bbauer

    bbauer Banned

    Re: Re: Re: DOLA vesus Date of 1st Delinquencey

    That should leave them wide open for a nasty law suit.

    Congress said that the date of last activity which is the determining date is the date upon which you failed to make your last payment which led to the delinquency.

    I think it would be clear that if it went delinquent and you later paid it in full or by whatever means got a reinstatement of the account that would reage the account but that would be about the only way that I can see given the intention of Congress that they could get away with any such reageing if somebody sued them for it.

    Maybe I'm wrong. Wouldn't be the first time.
     
  2. lbrown59

    lbrown59 Well-Known Member

    Re: Re: Re: Re: DOLA vesus Date of 1st Delinquencey

    : CRA's have more lobbyists than any other corporations in America.
    kemcos
    ====================
    It's not just CRAs :Bankers and insurance COs.are two of the biggest players.
    The END ************************* LB 59
     
  3. bbauer

    bbauer Banned

    Re: Re: Re: Re: DOLA vesus Date of 1st Delinquencey

    The tobacco companies have more than any one else. At least they used to.
     

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