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Having trouble understanding when items will come off my credit report.
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hotarri
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Posts: 6
Registered: 05-04-2007

hotarri

Message 1 of 6

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I'm starting to rebuild my credit after damaging it with a few college credit cards about 7 years ago. There are two specific accounts that are delinquent or in collection. One is a collection, the dates being reported are as follows. date last active 9/1/2000 date assigned 9/1/2003 date reported 1/1/2007 Which of these dates starts the 7 year timer? When I look at the "what's hurting my score" information it says that my most recent collection was 3 years ago even though the account was closed nearly 7 years ago. I also have another account listed under "credit accounts" that does not include an opened date but it says that the last payment was made in 7/2000. When will this come off of my credit report? One other question I had was in regards to disputing information on my report. I believe that one of the credit reporting agencies has incorrect dates for my account information and I don't have any documentation to prove that they are incorrect, can I submit information regarding the same account from a different credit bureau to dispute the dates? Thanks in advance for the help, it is greatly appreciated.
05-04-2007 03:30 PM
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Re: Having trouble understanding when items will come off my credit report.
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Moderator Tuscani
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Registered: 03-29-2007

Tuscani

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It should come off this year.

 

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CREDIT SCORING 101  -   FREQ REQ THREADS  -  GW  -  PFD  -  RECONN
05-04-2007 04:20 PM
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Re: Having trouble understanding when items will come off my credit report.
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smallfry
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Posts: 3994
Registered: 04-20-2007

smallfry

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I noticed that my Experian report lists the date of removal from report. EQ and TU didn't do this.
05-04-2007 05:06 PM
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Re: Having trouble understanding when items will come off my credit report.
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jdeezy
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Posts: 45
Registered: 05-02-2007

jdeezy

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They usually are removed the month before that date of last activity. For example - DLA 07/2000. The credit bureau sometimes will delete the baddie in 06/2007.I think that they do this to cover there tail because they are not allowed to report certain negatives over 7 years. Which in our case is a good thing !  But sometimes it is not removed and at and you will have to call the CRA"S to make them aware of the problem.  As for the removal date not being reported on your CR, you can call the CRA"S and have them check thier internal database and they can tell you what the removal date is. just prey that it is that correct date.
 
I had one collection be removed from two of the CRA's as it expired at the correct time, but the third CRA had the removal date 3 years newer that the other two. It took me a couple of months to get it taken care of !
05-04-2007 05:59 PM
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Re: Having trouble understanding when items will come off my credit report.
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Moderator Tuscani
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Tuscani

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Technically the clock starts at DOFD, not DOLA. But the CRAs often report the DOFD as the DOLA. To verify the true date you need to call the CRA. And it may be removed for 180+/- days from DOFD. So you might get lucky by having it removed early, but it could also take an extra 6 months unless you dispute on or after the 7 year mark. 

 

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CREDIT SCORING 101  -   FREQ REQ THREADS  -  GW  -  PFD  -  RECONN
05-04-2007 07:27 PM
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Re: Having trouble understanding when items will come off my credit report.
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annab13
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Posts: 11
Registered: 07-15-2007

annab13

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Thanks for the information IT HELPED.

 

Can you also address this please?

 

I have three accounts that show late payments as of Dec and Jan 2002.  They are paid off in full and closed.  If I understand correctly they will come off in a few months if all goes well.  My current credit score is a 657.  How much will my score go up once these are removed?

 

I also have two accounts that I am not sure what to do with!  One shows unpaid balance charged off by creditor and I paid in collections and the other shows charge off and I paid through collections both are from the late 80's.  The stuff listed above is about the only thing hurting me according to myfico and I want to finally have a great credit score now that I am on track!

 

At this point I am writing a dispute...anything else I should do?

 

Thaks for the feedback and support!

 

Annab13
11-18-2008 12:10 PM
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