Community Leader
Epic Contributor
Posts: 26,021
Registered: ‎03-19-2007
Re: DOFD dispute or ?


DOFD has only one purpose in credit reporting..... it's needed by the CRAs to calculate the exclusion date of a reported collection or charge-off.

It has no relevance to the exclusion date of any monthly delinquency.


Additionally, DOFD is not necessarily your date of first account delinquency.  It is the date of the first delinquency in the most recent chain of account delinquencies that immediately preceded a reported collection or charge-off.  Accounts with a prior first delinquency have their DOFD reset once the account is brought back into good-standing, and a new chain of delinquency begins.