WTF is wrong with Experian???

[iltph]

I was just looking over some of my accounts on Experian and they are completely wrong with their dates of how long the account is scheduled to remain on record. Can someone tell me what to do? Should I call EX on the phone and tell them to fix the date of when they should fall off? Or wait until after the 7 years is up based on the first 30 day late then call and tell them to delete it?

The correct date it should fall off is Aug 2008

Status: Account charged off/Past due 180 days. $7,543 written off. $7,543 past due as of Mar 2008.
Status Details:
This account is scheduled to continue on record until Oct 2009.????
This item was verified on Nov 2005 and remained unchanged.

Date Opened: 10/1996
Type: Revolving
Credit Limit: $5,750

Date of Status: 09/2003
High Balance: $7,543

Reported Since: 01/2000
Recent Balance: $7,543

Last Reported Date: 03/2008

Account History:
Charge Off as of Sep 2003 to Mar 2008
180 days as of Aug 2003
150 days as of Jul 2003, May 2003
120 days as of Jun 2003, Apr 2003
90 days as of Mar 2003, Aug 2002, Jul 2002
60 days as of Feb 2003, Jun 2002, Mar 2002, Feb 2002, Oct 2001
30 days as of Jan 2003, May 2002, Jan 2002, Oct 2001, Sep 2001

=====================================

The correct date it should fall off is July 2008

Status: Account charged off/Past due 150 days. $2,996 written off.
Status Details:
This account is scheduled to continue on record until Apr 2009.?????
This item was verified on Nov 2005 and remained unchanged.

Date Opened: 08/2000
Credit Limit: $3,000

Date of Status: 01/2003
High Balance: $5,465

Reported Since: 09/2000

Last Reported Date: 07/2006

Creditor's Statement: Purchased by another lender.

Account History:
Charge Off as of Jul 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, Jul 2005, Jun 2005, May 2005, Apr 2005, Mar 2005, Jan 2005, Dec 2004, Nov 2004, Oct 2004, Sep 2004, Aug 2004, Jul 2004, Jun 2004, May 2004, Apr 2004, Mar 2004, Feb 2004, Jan 2004, Dec 2003, Nov 2003, Oct 2003, Sep 2003, Aug 2003, Jul 2003, Jun 2003, May 2003, Apr 2003, Mar 2003, Feb 2003
150 days as of Jan 2003
120 days as of Dec 2002
90 days as of Nov 2002, Oct 2002
60 days as of Sep 2002, Aug 2002
30 days as of Jul 2002, Aug 2001

=====================================

The correct date it should fall off is July 2008

Status: Account charged off/Past due 150 days. $2,996 written off.
Status Details:
This account is scheduled to continue on record until Apr 2009.
This item was verified on Nov 2005 and remained unchanged.

Date Opened: 08/2000
Credit Limit: $3,000

Date of Status: 01/2003
High Balance: $5,465

Reported Since: 09/2000

Last Reported Date: 07/2006

Creditor's Statement: Purchased by another lender.

Account History:
Charge Off as of Jul 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, Jul 2005, Jun 2005, May 2005, Apr 2005, Mar 2005, Jan 2005, Dec 2004, Nov 2004, Oct 2004, Sep 2004, Aug 2004, Jul 2004, Jun 2004, May 2004, Apr 2004, Mar 2004, Feb 2004, Jan 2004, Dec 2003, Nov 2003, Oct 2003, Sep 2003, Aug 2003, Jul 2003, Jun 2003, May 2003, Apr 2003, Mar 2003, Feb 2003
150 days as of Jan 2003
120 days as of Dec 2002
90 days as of Nov 2002, Oct 2002
60 days as of Sep 2002, Aug 2002
30 days as of Jul 2002, Aug 2001

[scramblingin2007]

---

iltph wrote:
I was just looking over some of my accounts on Experian and they are completely wrong with their dates of how long the account is scheduled to remain on record. Can someone tell me what to do? Should I call EX on the phone and tell them to fix the date of when they should fall off? Or wait until after the 7 years is up based on the first 30 day late then call and tell them to delete it?

The correct date it should fall off is Aug 2008

Status: Account charged off/Past due 180 days. $7,543 written off. $7,543 past due as of Mar 2008.
Status Details:
This account is scheduled to continue on record until Oct 2009.????
This item was verified on Nov 2005 and remained unchanged.

Date Opened: 10/1996
Type: Revolving
Credit Limit: $5,750

Date of Status: 09/2003
High Balance: $7,543

Reported Since: 01/2000
Recent Balance: $7,543

Last Reported Date: 03/2008

Account History:
Charge Off as of Sep 2003 to Mar 2008
180 days as of Aug 2003
150 days as of Jul 2003, May 2003
120 days as of Jun 2003, Apr 2003
90 days as of Mar 2003, Aug 2002, Jul 2002
60 days as of Feb 2003, Jun 2002, Mar 2002, Feb 2002, Oct 2001
30 days as of Jan 2003, May 2002, Jan 2002, Oct 2001, Sep 2001
It would be 7 yrs from this date
=====================================

The correct date it should fall off is July 2008

Status: Account charged off/Past due 150 days. $2,996 written off.
Status Details:
This account is scheduled to continue on record until Apr 2009.?????
This item was verified on Nov 2005 and remained unchanged.

Date Opened: 08/2000
Credit Limit: $3,000

Date of Status: 01/2003
High Balance: $5,465

Reported Since: 09/2000

Last Reported Date: 07/2006

Creditor's Statement: Purchased by another lender.

Account History:
Charge Off as of Jul 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, Jul 2005, Jun 2005, May 2005, Apr 2005, Mar 2005, Jan 2005, Dec 2004, Nov 2004, Oct 2004, Sep 2004, Aug 2004, Jul 2004, Jun 2004, May 2004, Apr 2004, Mar 2004, Feb 2004, Jan 2004, Dec 2003, Nov 2003, Oct 2003, Sep 2003, Aug 2003, Jul 2003, Jun 2003, May 2003, Apr 2003, Mar 2003, Feb 2003
150 days as of Jan 2003
120 days as of Dec 2002
90 days as of Nov 2002, Oct 2002
60 days as of Sep 2002, Aug 2002
30 days as of Jul 2002, Aug 2001
It would be 7 yrs from this date
=====================================

The correct date it should fall off is July 2008

Status: Account charged off/Past due 150 days. $2,996 written off.
Status Details:
This account is scheduled to continue on record until Apr 2009.
This item was verified on Nov 2005 and remained unchanged.

Date Opened: 08/2000
Credit Limit: $3,000

Date of Status: 01/2003
High Balance: $5,465

Reported Since: 09/2000

Last Reported Date: 07/2006

Creditor's Statement: Purchased by another lender.

Account History:
Charge Off as of Jul 2006, Dec 2005, Nov 2005, Oct 2005, Sep 2005, Aug 2005, Jul 2005, Jun 2005, May 2005, Apr 2005, Mar 2005, Jan 2005, Dec 2004, Nov 2004, Oct 2004, Sep 2004, Aug 2004, Jul 2004, Jun 2004, May 2004, Apr 2004, Mar 2004, Feb 2004, Jan 2004, Dec 2003, Nov 2003, Oct 2003, Sep 2003, Aug 2003, Jul 2003, Jun 2003, May 2003, Apr 2003, Mar 2003, Feb 2003
150 days as of Jan 2003
120 days as of Dec 2002
90 days as of Nov 2002, Oct 2002
60 days as of Sep 2002, Aug 2002
30 days as of Jul 2002, Aug 2001   it would be 7 yrs from this date

---

It looks like you caught up a few times with the payments. It looks like 2009 is correct.

[iltph]

Their estimated date on when the accounts should fall off don't match up to the dates that you highlighted either though.

I thought that all the CRAs went by the Date of First Delinquency (even if I did catch up on my payments at one time)?

[iltph]

AHHHHHHHHH! Looks like you're right. So if payments are caught up, that DOFD means absolutely nothing, as it is determined by the last 30 day late reported.

I was just thinking that just about all of my stuff should fall off this year. I'm such an idiot. Why did I ever pay those idiots when I should have known I was way in over my head. Those **bleep** CCCs need to stop giving CCs out like they're candy. Discover gave me a CL of over $5,000 when I didn't even have a job!!!! It only serves them right that they lost all that money.

I'm going to go explode now. $#%*!!!!

[shawnette]

---

iltph wrote:
AHHHHHHHHH! Looks like you're right. So if payments are caught up, that DOFD means absolutely nothing, as it is determined by the last 30 day late reported.

I was just thinking that just about all of my stuff should fall off this year. I'm such an idiot. Why did I ever pay those idiots when I should have known I was way in over my head. Those **bleep** CCCs need to stop giving CCs out like they're candy. Discover gave me a CL of over $5,000 when I didn't even have a job!!!! It only serves them right that they lost all that money.

I'm going to go explode now. $#%*!!!!

---

I'm not quite understanding how it's their fault that you spent money you knew you didn't have and now you're upset because they want to be paid...

It doesn't look like you've learned anything at all from the experience.

[iltph]

I'm not quite understanding how it's their fault that you spent money you knew you didn't have and now you're upset because they want to be paid...

It doesn't look like you've learned anything at all from the experience.

---

When I was 19 I opened a Discover card and they gave me a CL of $5,750. I made the payments for over 5 years without ever being late. At the time I had a balance of around $3,000. Then after I was late my APR went to over 25% and I was getting hit with $30 late fees left and right. So my $3,000 balance quickly skyrocketed and my minimum payments were just too hard to keep up with.

I know it's morally wrong to act like a debt shouldn't have to be repaid, but these CCCs are just horrid. This debt has ruined my life and I have surely paid dearly for it. It's just a shame that the CCCs can't be more fair by not adding all of these ridiculous late fees and super high interest rate on an already high CC balance.

One thing it did teach me is that I can easily live debt free. I've paid cash for everything I've bought the past seven years. The major setback from all this is that my wife and I now have to share one car and we're in our 30s and still renting. Our household income is over twice the average of the county we live in, yet we still cannot buy a car or house.

Have you seen Maxxed Out or the PBS documentarys? Do you have any idea how much money they make? They actually want customers that can't make monthly payments because they make so much more money, although some accounts do actually get charged off, which they can still sell for a small % plus write it off on their taxes.

Message Edited by iltph on 03-28-2008 07:05 PM