topic Re: DOFD vs Date Major Delinquency First Reported in Rebuilding Your Credit

DOFD vs Date Major Delinquency First Reported

awdsmama — Fri, 20 Jan 2012 21:52:33 GMT

Which date will the 7yr reporting period go by? See below, it's an old BofA credit card.

Account Number: XXXX

Current Status: CHARGE-OFF

Account Owner: Individual Account.

Type of Account : Revolving

Credit Limit: $ 0

Term Duration: Terms Frequency: Monthly (due every

month)

Date Opened: 01/2005

Balance: $ 0

Date Reported: 05/2008

Date of Last Payment: 04/2007

Date of Last Activity: N/A

Date Major Delinquency First Reported: 01/2006

Months Reviewed: 40

Description: Transfer/Sold

Charge Off Amount: $ 464

Type of Loan: Credit Card

Date of First Delinquency: 06/2005

Comments: Charged off account

p- — Fri, 20 Jan 2012 21:57:34 GMT

@awdsmama wrote:
Which date will the 7yr reporting period go by? See below, it's an old BofA credit card.

Date of First Delinquency: 06/2005

It's 7.5 yrs from the DOFD. Legally you have 11 months to go, but it is not uncommon for these things to disappear at 6.5 or 7.0 yrs.

Good luck,

awdsmama — Fri, 20 Jan 2012 22:19:08 GMT

Thank you :-)

p- — Fri, 20 Jan 2012 22:45:51 GMT

@awdsmama wrote:
Thank you :-)

Anytime