Reply
Regular Contributor
Target1212
Posts: 165
Registered: ‎04-04-2008

Dofd?

Ok, so I have Pinnacle on my CRs, EQ says DOFD is 03/07, EX says set to stay on record until 12/13, TU says removed 2/14 Why would it fall off EX earlier than 7 yrs?  

Moderator Emeritus
llecs
Posts: 32,880
Registered: ‎08-04-2007

Re: Dofd?

Maybe DOFD is mis-reported to EX? Look in your own records to be sure. I definitely wouldn't fight them if in your favor.

Mega Contributor
RobertEG
Posts: 17,456
Registered: ‎03-19-2007

Re: Dofd?

Exclusion of any information from your credit report based on expiration of the pertinent credit report exclusion period is set forth in section 605(a) and (c) as a maximum date. Nothing precludes a CRA from excluding prior to that max permissible date.   Earlier exclusion ensures they wont violate the statute.  Thus, it can vary between CRAs.

Exclusion by one does not mandate exclusion by all.

 

When a CRA gives you an estimated exclusion date, the obvious problem is that the consumer does not know whether the difference is based on a different DOFD reported to them, or on a reduced exclusion period of their discretion.

 

If the reported DOFD is 3/07, the maximum statutory exclusion date would be 9/14 (7yrs + 180 days from reported DOFD) for any collection or charge-off.

If it passes that date, the CRA has a statutory violation of FCRA 605(c) if they issue any CR after that date that still includes that information.

Regular Contributor
Target1212
Posts: 165
Registered: ‎04-04-2008

Re: Dofd?

I'm not sure. My records are gone of this account entirely (dumb). I was all of 18 or 19yrs old at the time, but I know it was sometime in 06 I stopped paying. I did this to all my CCs at the time (3 of them) I;m trying to PFD, but want to see if I have some leverage if past SOL


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+