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When will it drop off?

Moderator Emeritus

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

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


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Regular Contributor

Re: When will it drop off?

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

Sorryyy

Regular Contributor

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.