topic Re: Question about DOFD in Rebuilding Your Credit

Question about DOFD

Anonymous — Thu, 14 May 2009 02:53:04 GMT

If I have an account with the DOFD showing on 7/2002, how come it was taken off of TU and EX due to it being over 7 years to report?

Re: Question about DOFD

nothingman02 — Thu, 14 May 2009 04:32:25 GMT

@Anonymous wrote:
If I have an account with the DOFD showing on 7/2002, how come it was taken off of TU and EX due to it being over 7 years to report?

If I am understanding you correctly, yes. Those a/cs fell off your CBRs because they are past CRTP. Well not exactly. CRTP is really 7.5 years from DOFD but sometimes they are removed earlier.

Re: Question about DOFD

Anonymous — Thu, 14 May 2009 14:55:27 GMT

@nothingman02 wrote:
@Anonymous wrote:
If I have an account with the DOFD showing on 7/2002, how come it was taken off of TU and EX due to it being over 7 years to report?
If I am understanding you correctly, yes. Those a/cs fell off your CBRs because they are past CRTP. Well not exactly. CRTP is really 7.5 years from DOFD but sometimes they are removed earlier.

Ok, so I really cant dispute it. It may fall off in another 2-9 months?

Re: Question about DOFD

Anonymous — Thu, 14 May 2009 15:04:15 GMT

FCRA only sets a maximum time something can report, not a minimum. The maximum is 7 1/2 years from DOFD. Sometimes these fall off at 7 years, sometimes before, sometimes at 7 1/2, and sometimes in between.

As long as it isn't past 7 1/2 years from DOFD, it is ok.

Re: Question about DOFD

Anonymous — Fri, 15 May 2009 00:19:15 GMT

@Anonymous wrote:
FCRA only sets a maximum time something can report, not a minimum. The maximum is 7 1/2 years from DOFD. Sometimes these fall off at 7 years, sometimes before, sometimes at 7 1/2, and sometimes in between.

As long as it isn't past 7 1/2 years from DOFD, it is ok.