Length of time reporting to credit bureau

[Anonymous]

I have a utility account that got reported at 120 days past due.   (I moved and was careless and missed a bill.)  The delinquency actually happened in July 2002.    It is being reported to Equifax as being 120 days past due August 2005.   The following dates are listed on my credit report:

Date of last activity    7/2002

Date opened              6/1998

Date reported             2/2007

Date of last payment  3/2005 - I believe that I paid this off at this time.

Date closed                9/2002

Should this be reporting as August 2005?  Which date does the 7 year clock start on?

[Anonymous]

I think it's date of last activity. That is why you don't pay off old collection accounts (longer than three years) because it starts the clock ticking again and massively dings your credit.

[Anonymous]

DOFD  should be in 2002  and should drop in 2009.  look at EX and EQ  report  for drop off date

Message Edited by HappyDays on 09-13-2007 03:12 PM

[Anonymous]

I haven't checked with Experian but I don't see a "drop off date" on my Equifax report.  Do I have to call to get that info?

[Anonymous]

What is the exact account "Status"

[Anonymous]

Current status:    Collection Account

Date of last activity:   07/2002

Date of last payment:   03/2005

Date opened:  06/1998

It is only showing up on Eq

[Anonymous]

Im sorry it isn't on EQ....Tu and EX  show it 

TU  under posting

EX all the way to the right

[Anonymous]

DOLA only has to due with SOL  not CRTP    If you paid in 2005 you prob.re-aged SOL to start counting 2005

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=17466