Rebuilding Your Credit

[ccoaston]

Creditor Name:    I C SYSTEM
Account No.:     2857250****
Original Creditor:     11 AT T CINGULAR WIRELESS
Responsibility:
Condition:     Paid
Original Balance:     $339
Balance:     $0
Date Opened:     10/01/2009
Date Reported:     02/14/2010

==============================

Account No.:      54063300****             
Condition:     Closed (Paid)           
Balance:     $0           
Type:     Credit Card           
Pay Status:     Current           
Past Due:     $0           
High Balance:     $399           
Terms:               
Limit:     $300           
Payment:                 
Opened:     07/23/2004           
Reported:     04/30/2005           
Responsibility:     Individual

==========================

Account No.:      54063300****      540633000934****       33000934****
-     Condition:     Closed (Paid)     Closed (Transferred)     Derogatory
-     Balance:     $0           $0
-     Type:     Credit Card     Credit Card     
-     Pay Status:     Collection/Chargeoff     Collection/Chargeoff     Collection/Chargeoff
-     Past Due:     $0           
-     High Balance:     $640           $672
-     Terms:             
-     Limit:     $0     $0     
-     Payment:                 $0
-     Opened:     07/23/2004     07/2004     07/2004
-     Reported:     01/31/2007     01/31/2007     02/2010
-     Responsibility:     Individual     Individual     Individual

[RobertEG]

Very confusing, as are most consumer credit reports.

Apparently, the OC was Cingular, with an account opened date of 7/2004.  The OC apparently did a charge-off and/or referred it to collection in 2007, and the debt collectior, IC System, then posted a CA to your CR in 10/2009.  If the OC is now reporting a %0 blance, that implies that the CA actually purchased the debt.

What you are seeking is removal of derogs from your CR.  As such the dates of the detogs are needed in order to proceed. 

You need to know the date of each monthly delinquency on the OC account while it was open, with the first date in the last chain of delinquencies prior to the CO or CA .... that date being your DOFD.  Those dates govern normal CR deletion of each derog.  Those dates have not been provided.  Apparently, they all ovccured between 2007 and 10/2009.

[ccoaston]

thank you