cancel
Showing results for 
Search instead for 
Did you mean: 

7 year dropoff?

New Member

7 year dropoff?

does an account actually drop off your report after 7 years? what if the account is sold to another collection company after 5 years? does that restart the clock?


Starting Score: 558TU,600EQ
Current Score: 558TU, 600EQ
Goal Score: 850

Take the myFICO Fitness Challenge

Message 1 of 3
2 REPLIES
Super Contributor

Re: 7 year dropoff?


fatstick wrote:

does an account actually drop off your report after 7 years? what if the account is sold to another collection company after 5 years? does that restart the clock?


CO and Collection accounts drop at 7 - 7.5 years from the DOFD of the original accounts.    Nothing can reset the clock for the Credit Reporting Time Period ( CRTP ).

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Message 2 of 3
Highlighted
New Member

Re: 7 year dropoff?

ty!


Starting Score: 558TU,600EQ
Current Score: 558TU, 600EQ
Goal Score: 850

Take the myFICO Fitness Challenge

Message 3 of 3