https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56302#M38466 It is a charge off and i was originally opened in 01 Mon, 27 Aug 2007 23:03:41 GMT Anonymous 2007-08-27T23:03:41Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/55991#M38314 <DIV>I live in Michigan which I believe is 7 years.</DIV><DIV>&nbsp;</DIV><DIV>I am currently paying $120 month on an old credit card. Under 7 years it will fall of march 08, but on annualcreditreport.com it says 2011 what gives? If it is really going to fall off should I continue to pay or let it go and pay when I can?</DIV> Mon, 27 Aug 2007 14:24:07 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/55991#M38314 Anonymous 2007-08-27T14:24:07Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/55997#M38320 As you are paying on it the MI SOL does not apply as you have been paying on it. This effectively resets the SOL.<BR /><BR />The account should be removed for the CR 7 years after DOFD (First missed payment to cause the status to change).<BR /><BR />If it says 2011 it means the company has changed the status to "OK/Current" That 2011 date is when it will change to a positive status. Mon, 27 Aug 2007 14:40:02 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/55997#M38320 Anonymous 2007-08-27T14:40:02Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56032#M38343 <DIV>So I screwed myself is what you are saying?</DIV> Mon, 27 Aug 2007 15:36:48 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56032#M38343 Anonymous 2007-08-27T15:36:48Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56047#M38352 <BR /><BLOCKQUOTE><HR />@Anonymous wrote:<BR /><DIV>So I screwed myself is what you are saying?</DIV><BR /><HR /></BLOCKQUOTE><BR /><BR /><BR />Well- Depends<BR /><BR />You have some good moral fiber in you to resolve your past credit issues.<BR /><BR />At this point in your journey keep paying it off and all the lates will drop off in a few years and you will have a good TL for 10 years after it is paid off.<BR /><BR />the late are 3+ years old now and this account it helping more than hurting you Score.<BR /><BR />If you stopped paying it they WILL SUE you. Mon, 27 Aug 2007 16:22:49 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56047#M38352 Anonymous 2007-08-27T16:22:49Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56241#M38441 <DIV></DIV><DIV></DIV><DIV><BR /></DIV><BLOCKQUOTE><DIV><HR />joemc3 wrote:<BR /><DIV>I live in Michigan which I believe is 7 years.</DIV><DIV>&nbsp;</DIV><DIV>I am currently paying $120 month on an old credit card. Under 7 years it will fall of march 08, but on annualcreditreport.com it says 2011 what gives? If it is really going to fall off should I continue to pay or let it go and pay when I can?</DIV><BR /><HR /></DIV></BLOCKQUOTE><DIV>Sol might change but CRTP does not change...7-7.5 yrs from DOFD</DIV><DIV>&nbsp;</DIV><DIV>Was this a CO??<BR /></DIV><DIV></DIV><BR /><BR />Message Edited by HappyDays on <SPAN class="date_text">08-27-2007</SPAN> <SPAN class="time_text">02:51 PM</SPAN> Mon, 27 Aug 2007 21:51:15 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56241#M38441 Anonymous 2007-08-27T21:51:15Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56302#M38466 It is a charge off and i was originally opened in 01 Mon, 27 Aug 2007 23:03:41 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56302#M38466 Anonymous 2007-08-27T23:03:41Z https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56441#M38508 <DIV>the open nor report date mean anything...what is the date closed by OC...your DOFD is usually before that&nbsp;&nbsp;&nbsp; like last payment</DIV> Tue, 28 Aug 2007 01:02:18 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/about-sol/m-p/56441#M38508 Anonymous 2007-08-28T01:02:18Z