I'm being harrassed by a collection agency for a credit card bill that is close to being sol.

my credit report from equifax says date of last activity is april 06, however when I looked at my statements - the last payment was
mar 25 06 for transaction date, and mar 27 2006 for posting date - how do I get this corrected - cause equifax totally ignores letters and calls. If it came to court or judgment - what date would the courts look at??

this company is threatening to sue and garnishee and seize assets, I'm hoping they stall long enough for me to get past mar 25th or 27th. so that it's sol (is it coincidence that sol also stands for "(edited for language) out of luck") When I first came to this website - that's what I thought it meant.

I'm planning on settling this debt -but if I get past the sol - I think I will have better bargaining power.

thanks to whoever's bright idea it was to start this site - it's jammed packed with helpful information - great job!!

The last date of activity on the account is the last date you made payment to either the original creditor or you made payment to the collection agency. If the last date of payment or activity was over 6 years they CAN NOT post it on your credit report.

However with that said I would definately check to see if they have decided on their own to redate it. (which they are not allowed to do ..but like to do anyways)

Also if it was a student loan I believe the limitations period on that is different. If it was simply revolving credit.. then its at most 6 years from the date of last activity.
If you do not want 6 years of a collection agency on your credit file.. then I suggest you go tell them to go pound sand. They can't legally take it to court.. all they can do is annoy you.
Annoying you occationally (vs) R-9 for 6 years.

My wife unknowingly incurred a debt of ~$900 more than six years ago due to her ex returning a leased car late. I won't go into details except to say that the first we heard of this debt was about 1.5 years ago.

At that time we asked the collection agency ( iQor, Inc formerly CBCL - Canadian Bonded Credit Limited - Now Iqor Collection Agency ) to provide verification that the debt was legitimate and a breakdown of the costs. They refused to do so -- I indicated that that they should not contact us again until they were prepared to provide this information. We didn't hear from them again until...

About six months ago we were sent a letter by iQor, Inc formerly CBCL - Canadian Bonded Credit Limited - Now Iqor Collection Agency offering to make the debt go away if we paid a portion (about $400). I ignored the letter on principal (they never provided the information I requested).

Today we received what they claimed was the "final" threatening letter. I recognize that it is now beyond the statute of limitations, but I am also concerned that the credit agency can make a negative post on my wife's credit.

Up to now my refusal to deal with iQor, Inc formerly CBCL - Canadian Bonded Credit Limited - Now Iqor Collection Agency further has been based entirely on the principal that they have not provided verification and a breakdown of this debt. If pushed we actually could pay this off quite easilty. More importantly, both my credit record and my wife's is otherwise pristine and is important to us.

I read on another forum that "Debts remain listed on your credit report for six years from the date of the last collection activity".

So here is my question: Is the last "activity" the letter they just sent, or is it the last payment that was made well over six years ago, in which case they could not 'ding' my wife's credit. Furthermore, I am very hesitant to make any deal with iQor, Inc formerly CBCL - Canadian Bonded Credit Limited - Now Iqor Collection Agency in case that provides them the means to make a credit report that they could not otherwise make. Most of what I read in these forums seems to suggest we should continue to ignore it even if we are able to pay it off.

Advice would be most welcome.

Thanks!