date of first delinquency

[shondra0609]

On my Equifax report my old BofA mortgage (included in CH7 in 2011) says date of first delinquency as 5/2007.  Does that mean it will fall off this year since it has been 7 years?  Is there a factor, beyond their negligence in deleting on time, that would make it stay on longer?

[gdale6]

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@shondra0609 wrote:

On my Equifax report my old BofA mortgage (included in CH7 in 2011) says date of first delinquency as 5/2007.  Does that mean it will fall off this year since it has been 7 years?  Is there a factor, beyond their negligence in deleting on time, that would make it stay on longer?

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If this is the DOFD that led to a repo then yes it should be gone this year.

[RobertEG]

The account itself will not become excluded from your credit report based upon any peirod under the FCRA.

What becomes excluded are individual adverse items reported under the account.

Any charge-off (or equivalent action) or any collection would become excluded no later than 7 years plus 180 days from the DOFD.

The reporting of the BK has its own exclusion date.

The account itself would remain unless the creditor reported its deletion to the CRA, or if closed for approx. 10'ish years, the CRA chose to detete based on their internal housekeeping policy.