Collection Agency Showing Old As New

[iBooger]

I have several collections that happened in 2011. Portfolio is showing that they are as new as 2015. The date it's supposed to fall off is correct, but it's making my score drop because the debt looks new. I have disputed, but it hasn't helped. Is there anything that I can do?

[medicgrrl]

The open date is the date the collection was assigned or sold to the collection agency. If the DOFD is correct, then you can't really dispute the open date. Are they paid off?

[RobertEG]

Reporting by a debt collector is a positive statement that the debt is, and has remained delinquent, since the reported DOFD.

Thus, similar to updated reporting of an increased level of delinquency on an OC account from, for example, 60 to 90days, reporting by a debt collector effects scoring of the collection.  It is entirely a scoring factor and is not the reporting of a new debt, but rather the extended non-payment of any already delinquent debt.

However, updated reporting has no effect on when the collection becomes excluded.

Credit report exclusion for any collection, regardless of paid or unpaid, is based ONLY on the reported DOFD.