Credit Card - Missed payment report varies and I am confused

[Anne1208]

Hey! 

So I was looking at my husband's credit report again, and he has one account for a credit card that he hasn't had for awhile.

Here is how the delinquent payments report:

Transunion - doesn't report any lates at all (?!!?)

Equifax - Reports it as late from March to July 2009, with the worst showing as 120 days late

Experian - Reports it from march to july with it as a charge off in July 2009

1. Why is this reporting differently amongst the three credit bureaus?

2. When will the lates on equifax come off (7 years or is it that 7 years plus 180 days business??)

3. When will the charge off come off (again, 7 years, or 7 years plus 180)

4. does that clock start at March 2009 or July 2009? 

5. Are these impacting his score? are they going to go up at all when these fall off?

[Anonymous]

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@Anne1208 wrote:

Hey! 

So I was looking at my husband's credit report again, and he has one account for a credit card that he hasn't had for awhile.

Here is how the delinquent payments report:

Transunion - doesn't report any lates at all (?!!?)

Equifax - Reports it as late from March to July 2009, with the worst showing as 120 days late

Experian - Reports it from march to july with it as a charge off in July 2009

1. Why is this reporting differently amongst the three credit bureaus?

2. When will the lates on equifax come off (7 years or is it that 7 years plus 180 days business??)

3. When will the charge off come off (again, 7 years, or 7 years plus 180)

4. does that clock start at March 2009 or July 2009? 

5. Are these impacting his score? are they going to go up at all when these fall off?

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Was the account charged off, or was it brought current and closed?

[Anne1208]

History
LATE 30 DAYS	1 time	0 times	1 time (Mar 2009)
LATE 60 DAYS	1 time	0 times	1 time (Apr 2009)
LATE 90 PLUS DAYS	3 times (Jun 2009, May 2009, Apr 2009)	0 times	3 times (Jul 2009, Jun 2009, May 2009)
WORST DELINQUENCY	120+ days past due	None Reported	Collection
HIGH BALANCE	$0	$0	$1,212
Terms and Remarks
TERMS	-	-	Revolving
SCHEDULED PAYMENT	-	-	-
CREDIT LIMIT	$0	-	-
REMARKS	Paid charge off Fixed rate	Paid in full/was a charge off	-

[Anonymous]

This is one of those things where disputing the inconsistent rpeorting could help or it could hurt. No way to know which way it could go. Its old enough that verifying the data could be problematic, but if they DO verify it, you going to end up with MORE derogs put on there.

Personally, I would let it be and not dispute it.

The individual lates will be excluded as each one hits the 7 year mark, and the entire account will be deleted no later than 7.5 years from the DoFD, as reported by the bank. You can see the DoFD on your Equifax report, but you need a full report either directly from EQ, or from annualcreditreport.com

[Anne1208]

Ok, thanks!

We were never considering disputing anything; just wanted to know when they would fall off. He has a few lates like this all from the same time, plus 4 collection accoutns (3 from that time). Anxiously awaiting their removal...