Posts: 14,034
Registered: ‎04-15-2011
Re: Can someone PLEASE help me understand something

Ok... here's how I think this ought to work.  The account was never charged off, so then there would be no DOFD for the account to charge off from.  The lates would have been the neg. on your account.  They should have aged off individually 7 years from their respective dates and the account should have turned into a positive account and stay on for 10 years.  The current status is reporting incorrectly.  It should read  Paid/Closed.  

Starting Score: 504
July 2013 score:
EQ FICO 819, TU08 778, EX "806 lender pull 07/26/2013
Goal Score: All Scores 760+, Newest goal 800+
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Current scores after adding $81K in CLs and 2 new cars since July 2013
EQ:809 TU 777 EX 790 Now it's just garden time!