Great! Thank you so much for your help
So is there a specific time this month I should order another copy of my credit report to see if the baddie dropped off?
I would wait until the first week of Dec. They have until the end of Nov to remove it.
ETA: EX and TU have estimated dates of removal. These are based on information from the OCs and can change if the CRAs calculated incorrectly.
When you say the "account will be deleted", are you referring to an OC account, or a collection? Big difference....
If an OC account, the account itself is not deleted based on expiration of any credit report exclusion period.
What becomes excluded are any adverse items of information that have been reported on the account.
If the OC reported a charge-off or collection referral, they would become excluded no later than 7 years plus 180 days from the reported DOFD.
The account itself would remain in your CR unless the OC specifically reports its entire deletion, and thus still be scored based upon whatever reporting remains.
If a collection, it is a bit different. A collection is not an account with the consumer, but rather an adverse item of information in and of itself.
It thus becomes excluded from any subsequent credit report, in its entirety, no later than 7 years plus 180 days from the reported DOFD.
Thus, one reviewing your CR would not become aware of an upaid collection as an indication of potential unpaid, delinquent debt.
This account was a charge-off account. The last time I checked my EX report, it said the DOFD was 11/2013.
My transunion gives a DOFD of February 2014, the account is quite old.
TU doesn't give DoFD. DoFD is date of first delinquency so you can't be late on a date that has never happened yet.
If you mean the drop off date as Feb 2014 you would subtract 7 to 7.5 years from that to get the approximate DoFD. So at just 7 years the DoFD would be Feb 2007.