Sol

[bearfootball]

If a credit report states I was 30 days past due on 1/01, is it safe to say that on 2/05 my 4 years are officially up? I live in TX, and the SOL for legal action is 4 years.

Thanks again

 

[cmorris]

What is the DOLA (date of last activity)? When did it default?

 

[bearfootball]

when I looked it up on Equifax (I bought the 3/$29.99), it said that in Jan. 01, it was 30 days past due. I was told, that the clock starts ticking, as it relates to SOL, after that. There were no payments made after Dec. of 00. Hope this makes sense.

 

[Ladynred]

It means the SOL started as of the missed payment in Jan 01/01. SOL will be up as of 1/31/05.

 

[bearfootball]

Thanks, ladynred!