The credit report exclusion provisions of the FCRA relate to adverse information reported under an account, not to the account itself.
If an OC account, the account does not become excluded based on expiration of any of the credit report exclusion periods.
If the OC has reported monthly delinquencies, they each become escluded after 7 years from their date of occurence.
DOFD has no relevance to the exclusion of monthly delinquencies.
If the OC has reported either a charge-off or that they referred the account for collection, that adverse reporting becomes excluded after 7 years plus 180 days from the DOFD on their account.
If a third party debt collector reports their collection to a CRA, it is not an account with a consumer, and is in and of itself a separate adverse item of informtion that the FCRA requires to be excluded from your CR no later than the same 7 years plus 180 days from the DOFD on the OC account.
For collections and charge-offs, the FCRA only sets the maximum perord after which they must be excluded. It does no prevent the CRAs from excluding prior to the maximum statutory period of 7 years plus 180 days. Thus, you may see differences between the CRAs in what they provide as an estimated date that they will exclude.
Deletion of an actual OC account itself happens in only one of two ways.
Either the OC instructs the CRA to delete their entire account reporting, or if the account has been closed for approx ten years, the CRA may choose to arbitrarily delete if trom their files as their own internal housekeeping measure.
