---

dciples wrote:

Not sure if this would be the right section, but here goes...

 

I have a Charge-off from Hyundai and want to know when I can have the Credit Bureaus remove this from my credit? Here is the info on my Equifax report (I don't know if it's different on the other two).

 

Account Number:	2004120155XXXX	Status:	CHARGE-OFF
Account Owner:	Co-maker	High Credit:
Type of Account :	Installment	Credit Limit:
Term Duration:	72 Months	Terms Frequency:	Monthly (due every month)
Date Opened:	11/24/2004	Balance:	$280
Date Reported:	09/24/2012	Amount Past Due:	$280
Date of Last Payment:	08/2007	Actual Payment Amount:
Scheduled Payment Amount:	$384	Date of Last Activity:	N/A
Date Major Delinquency First Reported:	08/2006	Months Reviewed:	20
Creditor Classification:		Activity Designator:	N/A
Charge Off Amount:	$861	Deferred Payment Start Date:
Balloon Payment Amount:		Balloon Payment Date:
Date Closed:		Type of Loan:	Auto
Date of First Delinquency:	02/2006
Comments:	Charged off account

81-Month Payment History

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2012

*

*

*

*

*

*

*

*

2011

*

*

*

*

*

*

*

*

*

*

*

*

2010

*

*

*

*

*

*

*

*

*

*

*

*

2009

*

*

*

*

*

*

*

*

*

*

*

*

2008

*

*

*

*

*

*

*

*

*

*

*

*

2007

*

*

*

*

*

*

*

*

*

*

*

*

2006

*

*

30

30

*

30

60

*

*

*

*

*

2005

*

---

If the report is accurate and this is your charge off, it will remain in your report for 7 years. 

You may try to contact HMFC and see is you pay the charge off if they will delete the trade line. 

---

Starting Score: 650
Current Score: TU 684 / EX 671 / EQ 624- Lender Pull
Goal Score: 725

Take the FICO Fitness Challenge

---

dciples wrote:
7 years feom what date on this report? And yes it is unfortunately accurate.

---

Most probable scenario, it will drop off your report 7-7.5 years from the DOFD, which is listed at 02/06.....so somewhere in the neighborhood of 02/13 and 08/13, but you might get a break and have it fall off earlier. YMMV and the CRA's can be a bit inconsistent.

MyFICO Forums ROCK!! & . Been There, Done That. Never Going Back! Goal>>>> 800,800,800!

---

Starting Score: 1/05 upper 500's??Current Score: FICO: EQ 783, TU(98) 790, EX 814(Vantage) 779(CS) Goal Score: .....800 IS ON MY BUCKET LIST! EX ,BITE ME! .
In My Wallet: CU Visa 15K, Sam's Club 10K, Lowe's 10K, Cabela's Siggy Visa 9.1K, Travelocity AMEX 12.5K :Take the FICO Fitness Challenge

Did you bring the loan current in May of 2006 or are they just not reporting a 30 day late then?  If you brought it back current, that resets the time period for when you count for deletion.

---

Starting Score: ~500 (12/01/2008)
Current Score: EQ 681 (04/05/13), TU 98 728 (01/06/12), TU 04 728 (lender pull) (01/12/12), EX 742 (lender pull) (01/12/12)
Goal Score: 720

Take the FICO Fitness Challenge

---

dciples wrote:

Not sure if this would be the right section, but here goes...

 

I have a Charge-off from Hyundai and want to know when I can have the Credit Bureaus remove this from my credit? Here is the info on my Equifax report (I don't know if it's different on the other two).

 

Account Number:	2004120155XXXX	Status:	CHARGE-OFF
Account Owner:	Co-maker	High Credit:
Type of Account :	Installment	Credit Limit:
Term Duration:	72 Months	Terms Frequency:	Monthly (due every month)
Date Opened:	11/24/2004	Balance:	$280
Date Reported:	09/24/2012	Amount Past Due:	$280
Date of Last Payment:	08/2007	Actual Payment Amount:
Scheduled Payment Amount:	$384	Date of Last Activity:	N/A
Date Major Delinquency First Reported:	08/2006	Months Reviewed:	20
Creditor Classification:		Activity Designator:	N/A
Charge Off Amount:	$861	Deferred Payment Start Date:
Balloon Payment Amount:		Balloon Payment Date:
Date Closed:		Type of Loan:	Auto
Date of First Delinquency:	02/2006
Comments:	Charged off account

81-Month Payment History

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

2012

*

*

*

*

*

*

*

*

2011

*

*

*

*

*

*

*

*

*

*

*

*

2010

*

*

*

*

*

*

*

*

*

*

*

*

2009

*

*

*

*

*

*

*

*

*

*

*

*

2008

*

*

*

*

*

*

*

*

*

*

*

*

2007

*

*

*

*

*

*

*

*

*

*

*

*

2006

*

*

30

30

*

30

60

*

*

*

*

*

2005

*

---

7 years + 180 days from the date in red.  The DOFD.   So 08/2013 and you should be good to go.

---

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge

My name is Richard Kirkreit and I am the CARE Manager at Hyundai Motor Finance’s corporate office. I look forward to assisting you with any concerns you have. When you have a moment, please contact me at (949) 732-2857. I can be reached Monday-Friday, 7AM-4PM Pacific Time.”

Why would I contact you Mr. Kirkreit? So you can update my report to current and have this start as a new collections? I don't think so. Thanks anyways.

---

dciples wrote:

Why would I contact you Mr. Kirkreit? So you can update my report to current and have this start as a new collections? I don't think so. Thanks anyways.

---

Starting Score: Jan 2012: EQ - 659, TU08 - 670, EX - ???
Current Score:May 2013: EQ - 749, TU08 - 753, EX - 741 (Amex 4/13)
Goal Score: 760 on each by 12/31/13, Last app - 4/1/13

Take the 2013 FICO Fitness Challenge

---

HyundaiCARE wrote:

My name is Richard Kirkreit and I am the CARE Manager at Hyundai Motor Finance’s corporate office. I look forward to assisting you with any concerns you have. When you have a moment, please contact me at (949) 732-2857. I can be reached Monday-Friday, 7AM-4PM Pacific Time.”

---

Did you just blow off an executive that offered to help you?   

---

Starting Score: 504

Current Score: EQ FICO 819, TU08 775, EX "Who Knows?" Quizzle 756
Goal Score: All Scores 760+, Newest goal 800+
Take the myFICO Fitness Challenge