topic Re: When will this fall off? in General Credit Topics

When will this fall off?

CountryHope219 — Fri, 03 Feb 2012 15:15:25 GMT

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C O L L E C T I O N A C C O U N T S

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AFNI, INC. Dated Reported: 03/09 Date of Last Activity: 07/05 Dated Opened: 07/00 $1626

OPEN

B $141 4 $1414 19 0 0 0 COLLECTION

20XXXXXXX7 0 0 1 $1414 XP/TU/EF

HISTORY: 03/09; 9-----------------9

FACTORING COMPANY; ORIGINAL CREDITOR: AT T MOBILITY

Looking at the above, which I copied from my CR, is it possible that this will fall off my CR 07/12; since that is 7 years since date of last activity? This is one major baddie for me. Thanks for any info...

Re: When will this fall off?

Tischer712 — Fri, 03 Feb 2012 15:34:22 GMT

From my experience, it will fall off anywhere from 7-12 to the end of the year, since some can report up to 7.5 years if I am not mistaken.

Re: When will this fall off?

MarineVietVet — Fri, 03 Feb 2012 20:17:20 GMT

@ggedms wrote:
======================================================================================
C O L L E C T I O N A C C O U N T S
======================================================================================
AFNI, INC. Dated Reported: 03/09 Date of Last Activity: 07/05 Dated Opened: 07/00 $1626
OPEN
B $141 4 $1414 19 0 0 0 COLLECTION
20XXXXXXX7 0 0 1 $1414 XP/TU/EF
B
HISTORY: 03/09; 9-----------------9
FACTORING COMPANY; ORIGINAL CREDITOR: AT T MOBILITY

Looking at the above, which I copied from my CR, is it possible that this will fall off my CR 07/12; since that is 7 years since date of last activity? This is one major baddie for me. Thanks for any info...

Hi there.

None of the dates listed are applicable. What you need to know is the DoFD (Date of Fiest Delinquency). A collection can report no longer than 7.5 years from the DoFD on the OC (Original Creditor) account that led to the collection.

From a BK years ago to:
EX - 3/11 pulled by lender- 835, EQ - 2/11-816, TU - 2/11-782

"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem".

Re: When will this fall off?

pizzadude — Fri, 03 Feb 2012 20:53:29 GMT

I noticed that this collection is from AFNI. They are one of the best CAs when it comes to deleting paid collections from your CRAs.

So when you pay there is a good chance that you can get it removed.

Re: When will this fall off?

RobertEG — Fri, 03 Feb 2012 21:47:06 GMT

Since the collection was apparently assigned in 3/09, I would assume that the DOLA of 7/05 referred to was on the OC account.

That would imply a DOFD earlier than 7/05.

This being 2/2012, the current DOFD exclusion date would be 8/2004.

It looks like you might be within a year of CR exclusion.

Get the DOFD, add 7 years and 180 days, and you will have the specific statutory date of exclusion.