@Anonymous wrote:I just pulled my credit reports and noticed on the equifax report that a repo from atleast 10 years ago (probably early 2002) has re-appeared on my report. It is showing the date reported as 8/31/2012, Date of first deliquency of 11/2005, date first major deliquency reported 4/2012. I have no paperwork at all of this loan. Is this a standard challenge and should I just state that the data of the deliquencies are incorrect and are all actually over 7 years old?
Hate it when those old accounts pop up, especially when they are on life support. You say it was at least 10 years ago, according to the report the only date you need be concerned with is the 11/2005. This is the one that sets the clock for the CRTP of 7 years + 180 days. So Naturally this would fall off in about 7 months or so according to that date.
However you say it is older than that. Do you have any proof? Was this on old reports? Do you have any paperwork from the OC?
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.
Sounds like a case of reaging. My advice to you is to send them a DV. Since this just popped up, you should by law receive a dunning letter from them within 5 days. Your DV will be timely in this case, within the 30 days period which is where it carries the most weight.
July 2013 score: EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge
Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!
June 2017 update: All scores over 820, just pure gardening now.