Rebuilding our credit to buy a home

[Anonymous]

My boyfriend and I are building and rebuilding our credit in hope to buy a home by the time our 2 year lease is up in 2016. I have a terrible credit hisotry, getting tons of cards when I was 18 and maxing them, I am now 25 and most of them are dropping off. Althought I seem to have a higher credit score. My boyfriend has never had a credit card, has 4 collections accounts which we are working on pay for delete and 3 open account, one medical and two of which are car loans he cosigned on the loans for an ex and her mother.

My question is I am trying to figure out when these car loans will fall off for him:

Account Details 

Last Reported

May 25, 2005

Creditor Name

SANTANDER

Account Type

Automobile

Account Status

Closed - Derogatory

Opened Date

May 25, 2005

Closed Date

Dec 31, 2008

Limit

--

Term

60 Months

Monthly Payment

$268

Responsibility

Joint

Balance

$3,977

High Balance

$11,310

Payment Status

Collection/Chargeoff

Worst Payment Status

Unknown

Date of Last Payment

May 28, 2009

Amount Past Due

$3,977

Times 30/60/90 Days Late

0/0/0

Remarks

Charged off as bad debt
Profit and loss write-off

& 

Last Reported

Jan 31, 2006

Creditor Name

FST UNITED

Account Type

Automobile

Account Status

Closed - Derogatory

Opened Date

Jan 31, 2006

Closed Date

Apr 04, 2008

Limit

--

Term

55 Months

Monthly Payment

$229

Responsibility

Joint

Balance

$3,679

High Balance

$9,376

Payment Status

Collection/Chargeoff

Worst Payment Status

Unknown

Date of Last Payment

Jul 22, 2008

Amount Past Due

$3,679

Times 30/60/90 Days Late

0/0/0

Remarks

Charged off as bad debt
Profit and loss write-off

As old as these are shouldn't they be gone now?

[annah]

I'm not an expert, but it looks to me like they will fall off May 2016, and July 2015.

[Anonymous]

hmm, one fell off, the santander is still on there, is that the one that should fall of this year?

[MarineVietVet]

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@Anonymous wrote:

hmm, one fell off, the santander is still on there, is that the one that should fall of this year?

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You'll need to know the DoFD (Date of First Delinquency) to correctly calculate the expiration of the CRTP (Credit Reporting Time Period).

None of the dates listed mean anything. The date of last payment doesn't necessarily mean the DoFD.