Experian and a 7 year old credit card debt.

[JayDilla]

So I'm having a hella bad problem getting a 7 year old credit card account off my credit report. It was a deliguent account with plains commerce bank. the account was sold or transferred to somewhere. I disputed the account since it was past 7 years. But experian replied back that since the account was never marked as past due and was transferred it stays on my report for 10 years.....does this seem right to anyone else?

[chasmith]

Delinquencies must be removed seven years plus 180 days from the DOFD.  You say this is a "delinquent account" but Experian says it's not?  What's the delinquency showing on your report?

[guiness56]

It is being considered as an account in good standing.  Apparently, whoever reported it did not include a late payment.  If that is the case it will show in your good accounts for up to 10 years.

It is also possible that the lates themselves came off making it, once again, an account in good standing.

[Mike_B03]

I had the exact same thing happen with a BofA account also with Experian. On my EF and TU reports, it was showing as a negative account for a while then it fell off, but on EX it was listed under positive accounts but showed charged off/closed in the status. I disputed it through the online process and told them that the account should not be listed as a positive account and should actually had aged off and they deleted it shortly after.

[JayDilla]

it doesnt show as deliguent in the report....i just know it was. The cc company only reported to the CB one month and that month they marked as good right before they sold the account to collections.....for all the months leading up to the account being sold they didnt report anything on time or late just no reporting then the same month they sent it to collections they marked it as ok.

[pizzadude]

---

@JayDilla wrote:

it doesnt show as deliguent in the report....i just know it was. The cc company only reported to the CB one month and that month they marked as good right before they sold the account to collections.....for all the months leading up to the account being sold they didnt report anything on time or late just no reporting then the same month they sent it to collections they marked it as ok.

---

If the account is not a derogatory account then I'd leave it alone.   Closed accounts typically remain for 10 years from the date closed, although sometimes they hang around longer or leave earlier.....YMMV

[p-]

---

@JayDilla wrote:

So I'm having a hella bad problem getting a 7 year old credit card account off my credit report. It was a deliguent account with plains commerce bank. the account was sold or transferred to somewhere. I disputed the account since it was past 7 years. But experian replied back that since the account was never marked as past due and was transferred it stays on my report for 10 years.....does this seem right to anyone else?

---

I don't understand why you are disputing this account.  If it is listed as an account in good standing, it should be helping you.  Pray they don't delete it, or you might see a score drop.

[Shogun]

Don't dispute the account, whatever had made it negative in the past has aged off and the account is now a positive TL.  Let it sit there as long as it wants to.  

[RobertEG]

If the dispute related to the deletion of an account, what the CRA was saying is that expiration of a CR exclusion period for adverse items reported under an account does not result in exclusion of the account itself from your CR, only the item that has passed its exclusion period. 

In actuality, nothing is "deleted," the information is only excluded from normal credit reports they issue after that date.