re: How Long Will My Credit Suffer?? - Update pg 2 - Score Lowered Again!!!

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Since he made a payment to it then the score will use the date of the payment. Thats why in some cases it better to leave some debt unpaid. This is especially true for debt outside the SOL in your state.

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This could be true but I always thought that the date of first delinquency set the amount of time it stayed on your credit report. I know that making a payment on a charged off account would reset the SOL for them to collect but I thought the DOFD always stayed the same?

ETA: This is from the Fair Credit Reporting Act but I think it really depends on whether they charged the account off or not.

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To learn when an account will be removed by the CRA, add 7 years to the date of first delinquency. Subsequent activity, such as resolving the debt, is irrelevant to the 7-year rule

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