DOFD vs Date Major Delinquency First Reported

[awdsmama]

Which date will the 7yr reporting period go by?   See below, it's an old BofA credit card.

Account Number: XXXX

Current Status: CHARGE-OFF

Account Owner: Individual Account.

Type of Account : Revolving

Credit Limit: $ 0

Term Duration: Terms Frequency: Monthly (due every

month)

Date Opened: 01/2005

Balance: $ 0

Date Reported: 05/2008

Date of Last Payment: 04/2007

Date of Last Activity: N/A

Date Major Delinquency First Reported: 01/2006

Months Reviewed: 40

Description: Transfer/Sold

Charge Off Amount: $ 464

Type of Loan: Credit Card

Date of First Delinquency: 06/2005

Comments: Charged off account

[p-]

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@awdsmama wrote:

Which date will the 7yr reporting period go by?   See below, it's an old BofA credit card.

Date of First Delinquency: 06/2005

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It's 7.5 yrs from the DOFD.  Legally you have 11 months to go, but it is not uncommon for these things to disappear at 6.5 or 7.0 yrs.  

Good luck,

[awdsmama]

Thank you :-)

[p-]

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@awdsmama wrote:

Thank you :-)

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Anytime