Punished for paying off old debts?
I was settling a 2 year old debt from BMO that showed last date of activtiy Dec 2013. I made a settlement agreement on Dec 2015 and after checking my credit report it now shows $0 balance past due and in the comments sections it says "settlement made, account closed". I know I made a payment to the account but It was for a settlement, it now shows date of last activity of Dec 2015. This is my 3rd collection agency i'm settling debt with and the first 2 agencies never changed the last date of activity and only updated the past due amount, balance, and comments. Before anyone asks, I am settling debt because I'm trying to reestablish my credit and I feel like I have a moral obligation as it is my debt. Anyone have any idea what I can do to tell them to change it back to the original date? I already contacted Equifax and they said the information was provided by BMO and we updated as so. Now I have to wait another 6 years for the tradeline to fall off my credit report compared to the 4 years If i didn't touch the account and let it purge off.