Question for EXPERTS with DOFD AND FCRA in California.
I defaulted on my loan back in 09/2006 but I went into repayment but defaulted again in 10/2009. Which one is the DoFD that all CRA should be reporting?
| 12/27/2004 | $1,074 | DN | DEFAULTED, THEN PAID IN FULL BY CONSOLIDATION | 04/02/2013 |
| 09/10/2004 | $1,076 | DF | DEFAULTED, UNRESOLVED | 10/14/2009 |
| RP | IN REPAYMENT | 01/26/2008 | ||
| DF | DEFAULTED, UNRESOLVED | 09/30/2006 |
@llecs wrote:What DOFD is reporting now on each?
10/2009 on all three CRA.
@guiness56 wrote:Unless you brought the account current after starting the repayment plan it would remain 2006, whether you defaulted again or not.
I don't think I brought it current, but maybe the "current" definition is when I agreed to go on a repayment plan it automatically went back into Current.
@guiness56 wrote:Is this a student loan?
These are done differently than normal loans. I know in a rehab after so many payments the default status is removed.
I could be 2009.
Yes student loans. I didn't go under rehab, I just signed up for a repayment. I hope it didn't reset the DOFD that sucks.
@guiness56 wrote:Unless you physcially brought the account current it should not have changed. Did they remove all of the prior lates?
There were no prior lates, it showed it as a collection account "CO". They are not the original creditor.
Lates was from OC, which that fell off due to the 7 Year reporting