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Valued Contributor
Posts: 1,063
Registered: ‎05-26-2010
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Re: Collection Agency closed. What now?

With a DOFD of 9/2006 it should fall off between 9/2013 and 3/2014.  The legal requirement is "seven years plus 180 days from DOFD", but CRAs often delete at or just after 7 years.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
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Senior Contributor
Posts: 4,189
Registered: ‎03-24-2008
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Re: Collection Agency closed. What now?

Hi SLR72689,

 

Have your BF look into joining a CU, they are have the best interest rates on car loans.

FICO's Oct 2013 TU711 EQ713 EX723~~Live below your means and always keep an emergency fund -Love Everybody ~ Big Kenny ~ Big and Rich ~~~~~Credit Scoring 101 - Common Abbreviations - Freq Req Threads - Free Credit Reports - What Steps Do I Take?DV? PFD?
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Posts: 13,696
Registered: ‎04-15-2011
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Re: Collection Agency closed. What now?


LIGHTNIN wrote:

Hi SLR72689,

 

Have your BF look into joining a CU, they are have the best interest rates on car loans.


Big +1 on this one!



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