Repo from 2004

[gdale6]

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@Remember0 wrote:

I'm not an expert on disputes, but I'd dispute that (preferably in writing via US Mail) as obsolete -- account closed and charged off 10.5 (or whatever) years ago and also calculate the number of years since the date of first delinquency and state that is over 7 years as well.

If my wording is bad, I'm sure someone will jump in. It should in theory go away...I'd be pretty surprised if it didn't/ Don't forget to send a dispute to each credit bureau it is showing on.

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+1, just dispute it as obsolete if it was repo in 2003, I just did this for a voluntary repo in 2004 that was on Innovis only and poof it was gone.

[sbluejean]

Credit Bureaus must delete any "Charged Off" or "Collection" account upon 7 years of the Date of Last Activity (DLA) unless it is a Bankruptcy or Tax Lien, which can remain on your bureau for up to 15 years depending on the amount involved. The date of last activity is defined as the date the creditor listed the account as charged off or in collections with no future payment activity. Now, in the case of a collection, if you make any payments after the account is in collection, you start the clock all over again.