I am looking at WhyChat http://whychat.5u.com/images/sol.GIF and it states, per FCRA, the OC Must report to CRA the SOL starting date. In my case since they report account DLA as N/A, does it mean they violate FCRA? Should I sue and demand dropping tradeline? the info is buried down in Payment History.
Well, you have to have damages in order to successfully plead any civil action. I would think it would be difficult to plead damages due to a DOLA. You probably need to get declined a credit opportunity as a result of the tradeline as a whole. You may try disputing the subject tradeline on the basis you mentioned.
6. Content of Report A consumer report need not be tailored to the user's needs. It may contain any information that is complete, accurate, and not obsolete on the consumer who is the subject of the report. A consumer report may include an account that was discharged in bankruptcy (as well as the bankruptcy itself), as long as it reports a zero balance due to reflect the fact that the consumer is no longer liable for the discharged debt. A consumer report may include a list of recipients of reports on the consumer who is the subject of the report. We are talking about 2 different things here. 1 The data furnisher is required to provide the date of first delinquency to the CRA within 90 days of reporting. 2 The CRA is not required to show that date on the report to you or lenders. As long as what they show is complete and accurate, there is not much you can do.
