First American Investment - AMY OATMEYER Refusal to remove items placed on credit report older than 7 Yrs Williamsville New York

First American Investment bought my debt from Direct Merchants Bank. I setteled my debt through First American Investment well over a year ago. The Original Creditor has since dropped off my credit report because the Date of First Delinquincy, not to mention Date of Last Activity was over 7 Yrs old. I submitted an investigation on First American Investment through Experian. Experian told me that FAI refused to take the debt off my record because it is less than 7 yrs old. I contacted FAI and spoke to their Account Relations Department...I should say spoke to the whole department because there is only one person in the dept. ---AMY OATMEYER. She told me flat out that "She would not release this information off my credit report because the Statute of Limitations started over the day I paid off my debt to FAI." She repeatedly told me that it is legal under the FCRA for them to reset the DOLA to reflect the day I paid off the debt and I would have to have this on my report for another 7 yrs. IT IS NOT LEGAL FOR THEM TO DO THIS!!! I talked with all three Credit Reporting Agencies and they all say the same thing, "it is illegal for them to reset the dates, the dates start from the first time you were delinquent on the original account."

Villabur
Eglin AFB, Florida
U.S.A.