Reply
Moderator
Posts: 15,698
Registered: ‎07-14-2009
0

Re: When will it drop off?


ty101 wrote:

Status as of date = April 2010

Date opened = Oct 2003

Date of last activity = April 2007

 

When will this drop off my CR?  Is it April 2014.

On my TU report is states that it will drop off in June 2012.

Why is there a difference?


In my experience the drop off dates on TU and Ex are pretty accurate. But as I said in my last post the only applicable date as far as the CRTP (Credit Reporting Time Period) is concerned for both collections and charge offs is the DoFD.

 

 

 

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Senior Contributor
Posts: 3,065
Registered: ‎11-02-2009
0

Re: When will it drop off?


Marinevietvet wrote:

That's not quite correct. The DoFD (Date of First Delinquency) on the OC account that led to the collection is the only date that matters. No other date is applicable.

 

The DoLA could be the lastest monthly update on the account which means it would never drop off. The DoFD is what you need.

 

 

 

From a BK years ago to:
EX - 9/09 pulled by lender 802, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".
 


@ty, I think that answers your question.  Date of First Delinquency was probably earlier than the DoLA giving you a dropoff date in 2012. 


Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13); TU 98 728 (01/06/12), TU 08? 760 (provided by Barclay 1/2/14), TU 04 728 (lender pull 01/12/12); EX 742 (lender pull 01/12/12)
Goal Score: 720


Take the FICO Fitness Challenge
Regular Contributor
Posts: 198
Registered: ‎12-12-2007
0

Re: When will it drop off?

I'm sorry DI, my post is in reference to my situation not the OP.

Sorryyy

Regular Contributor
Posts: 198
Registered: ‎12-12-2007
0

Re: When will it drop off?

I'm sorry for the confusion.  In my post with the TU dropping off in Jan 2012, I was referring to my own situation.

Sorry guys for the confusion.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.