When will it drop off?

[IneedAlotOfHelp]

I've read so many different conflicting bits of information on this topic... And I'm really confused as to when my bad collections will get dropped off.

For example:

Status as of Mar, 2008

Date opened Aug, 2006

Date of last activity Aug, 2007

Date closed Nov, 2007

Loan type Credit Card

I paid that collection off in full on April, 2009. Is it 7 years from DOLA? Is it 7 years from me paying off the collection? When will it be deleted from my credit reports?!

Thanks

[DI]

February 2014 is when it will drop off.

[Anonymous]

Just curious, how did you come up with Feb 2014?

[Anonymous]

Status as of Date opened [?] Date of last activity [?]

Apr, 2010

Oct, 2003

Apr, 2007

Wondering when will this drop off my CR?

Is it  April 2014?

[DI]

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@Anonymous wrote:

Just curious, how did you come up with Feb 2014?

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7 years from the date of last activity plus 180(6months).

[DI]

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@Anonymous wrote:

Status as of Date opened [?] Date of last activity [?]

Apr, 2010

Oct, 2003

Apr, 2007

Wondering when will this drop off my CR?

Is it  April 2014?

---

No!  Feb 2014

[Anonymous]

Status as of date = April 2010

Date opened = Oct 2003

Date of last activity = April 2007

When will this drop off my CR?  Is it April 2014.

On my TU report is states that it will drop off in June 2012.

Why is there a difference?

[DI]

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@Anonymous wrote:

Status as of date = April 2010

Date opened = Oct 2003

Date of last activity = April 2007

When will this drop off my CR?  Is it April 2014.

On my TU report is states that it will drop off in June 2012.

Why is there a difference?

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Your date of last activity says April 2007.  The OP's date of last activity says August 2007.

[MarineVietVet]

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@DI wrote:

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7 years from the date of last activity plus 180(6months).

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That's not quite correct. The DoFD (Date of First Delinquency) on the OC account that led to the collection is the only date that matters. No other date is applicable.

The DoLA could be the lastest monthly update on the account which means it would never drop off. The DoFD is what you need.

From a BK years ago to:
EX - 9/09 pulled by lender 802, 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".
 

[Walt_K]

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@DI wrote:

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@Anonymous wrote:

Status as of date = April 2010

Date opened = Oct 2003

Date of last activity = April 2007

When will this drop off my CR?  Is it April 2014.

On my TU report is states that it will drop off in June 2012.

Why is there a difference?

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Your date of last activity says April 2007.  The OP's date of last activity says August 2007.

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I think ty101 is asking why there is a difference in what his TU report says versus 7.5 years from date of last activity as opposed to why there is a difference in his situation versus the OP.  His TU report says it will drop off in June 2012 when 7.5 years from date of last activity is October 2014.  I don't know.  I don't understand how this stufff is calculated.  But I think that is the question.

Also, for the OP, wouldn't it be Feb. 2015?