Adverse Account

[dman23]

I was comparing a Transunion credit report from July of last year to a Transunion credit report today. I was looking at July's and the adverse account said item will be removed 2/2014. Looking at today's report and it was. However, I am looking at my Experian credit report from last week and it is still on.

Do I dispute this with Experian or contact the CA?

[09Lexie]

---

@dman23 wrote:

I was comparing a Transunion credit report from July of last year to a Transunion credit report today. I was looking at July's and the adverse account said item will be removed 2/2014. Looking at today's report and it was. However, I am looking at my Experian credit report from last week and it is still on.

Do I dispute this with Experian or contact the CA?

---

When was the DOFD? Keep in mind, CRAs may, at their discretion delete derogs early.  Derogs may stay on your CR's for up to 7-1/2 years 

[dman23]

---

@09Lexie wrote:

---

@dman23 wrote:

I was comparing a Transunion credit report from July of last year to a Transunion credit report today. I was looking at July's and the adverse account said item will be removed 2/2014. Looking at today's report and it was. However, I am looking at my Experian credit report from last week and it is still on.

Do I dispute this with Experian or contact the CA?

---

When was the DOFD? Keep in mind, CRAs may, at their discretion delete derogs early.  Derogs may stay on your CR's for up to 7-1/2 years 

---

The dates I have are: Placed for collection: 10/28/2009, Date Updated: 08/15/2010, Last Payment Made: 04/23/2010, Date Closed: 04/23/2010, Date Paid:04/23/10.

Those are the dates on the report. Which date starts the 7 years?

Remarks: >Paid Collection<

Estimated month and year that this item will be removed: 02/2014 Is this estimated date set by Transunion of the CA? If it's TU then I see what you're saying that CRAs may, at their discretion delete derogs early.

[09Lexie]

---

@dman23 wrote:

---

@09Lexie wrote:

---

@dman23 wrote:

I was comparing a Transunion credit report from July of last year to a Transunion credit report today. I was looking at July's and the adverse account said item will be removed 2/2014. Looking at today's report and it was. However, I am looking at my Experian credit report from last week and it is still on.

Do I dispute this with Experian or contact the CA?

---

When was the DOFD? Keep in mind, CRAs may, at their discretion delete derogs early.  Derogs may stay on your CR's for up to 7-1/2 years 

---

The dates I have are: Placed for collection: 10/28/2009, Date Updated: 08/15/2010, Last Payment Made: 04/23/2010, Date Closed: 04/23/2010, Date Paid:04/23/10.

Those are the dates on the report. Which date starts the 7 years?

Remarks: >Paid Collection<

Estimated month and year that this item will be removed: 02/2014 Is this estimated date set by Transunion of the CA? If it's TU then I see what you're saying that CRAs may, at their discretion delete derogs early.

---

Are you looking at your TU report only? If so, you need to look at each bureau but to answer your question regarding DOFD.

'DoFD= Date of First Delinquency – This is the date of the delinquency that led to the collection/charge off status. This is NOT the first time you were ever delinquent on the account. It is the last time you got behind on payments and never again got caught up. If you are looking at your EX or TU report, it may not show DoFD, instead it will say “This account scheduled to remain until XXXXX” or something to that affect, subtract 7-7.5 years from this date and you will have DoFD.'

The date placed for collection of 10/28/2009 is not the date which triggers the 7-1/2 year removal by CRAs. 

[dman23]

---

@09Lexie wrote:

---

@dman23 wrote:

---

@09Lexie wrote:

---

@dman23 wrote:

I was comparing a Transunion credit report from July of last year to a Transunion credit report today. I was looking at July's and the adverse account said item will be removed 2/2014. Looking at today's report and it was. However, I am looking at my Experian credit report from last week and it is still on.

Do I dispute this with Experian or contact the CA?

---

When was the DOFD? Keep in mind, CRAs may, at their discretion delete derogs early.  Derogs may stay on your CR's for up to 7-1/2 years 

---

The dates I have are: Placed for collection: 10/28/2009, Date Updated: 08/15/2010, Last Payment Made: 04/23/2010, Date Closed: 04/23/2010, Date Paid:04/23/10.

Those are the dates on the report. Which date starts the 7 years?

Remarks: >Paid Collection<

Estimated month and year that this item will be removed: 02/2014 Is this estimated date set by Transunion of the CA? If it's TU then I see what you're saying that CRAs may, at their discretion delete derogs early.

---

Are you looking at your TU report only? If so, you need to look at each bureau but to answer your question regarding DOFD.

'DoFD= Date of First Delinquency – This is the date of the delinquency that led to the collection/charge off status. This is NOT the first time you were ever delinquent on the account. It is the last time you got behind on payments and never again got caught up. If you are looking at your EX or TU report, it may not show DoFD, instead it will say “This account scheduled to remain until XXXXX” or something to that affect, subtract 7-7.5 years from this date and you will have DoFD.'

The date placed for collection of 10/28/2009 is not the date which triggers the 7-1/2 year removal by CRAs. 

---

I was looking at TU report only. The July 2013 said: Estimated month and year that this item will be removed: 02/2014. On my latest report from TU it has been removed. I guess it was TU that said this as it is still on my Experian report.

As far as DoFD, if you're saying that this is the last time I got behind on payments and never caught up then there is no DoFD as I paid this off in full 4/23/2010. Is this the date the 7-7.5 clock starts ticking? 

[RobertEG]

What is commonly referred to as DOFD is defined under the statute as the date you first became delinquent on the account and remained delinquent up to the point of the referral or sale to the debt collector.  A DOFD can be reset if a previously delinquent account is brought back into good standing, and a new chain of delinquency then precedes the collection.

The debt collector was required to obtain and report the DOFD on the OC account to the CRA within 90 days after reporting their collection, so what they reported as the DOFD will be in your credit file.  Many consumer credit reports dont show the DOFD, but rather provide only as estimated date of exclusion, which is usually 6 months or so prior to the max exclusion date of 7 years plus 180 days from the reported DOFD.

If you obtain the reported DOFD, you will know the max date after which the CRA cannot include the collection in any credit report they issue.

How you handle contnued showing of a collection beyond 7 years plus 180 days from DOFD depends upon who is at fault, the debt collector or the CRA.

The CRA can only go on the reported DOFD.  If the reported DOFD is more than 7 years plus 180 days ago and it is still appearing in your credit report, you would file a complaint with the CRA for their clear violation of FCRA 605(c).

However, if the debt collector reported the incorrect DOFD, which results in the collection still being within the 7/180 period, the violation is on the part of the debt collector, not the CRA.  You would need to know what they reported to pursue inaccurate reporting of DOFD.

[dman23]

---

@RobertEG wrote:

What is commonly referred to as DOFD is defined under the statute as the date you first became delinquent on the account and remained delinquent up to the point of the referral or sale to the debt collector.  A DOFD can be reset if a previously delinquent account is brought back into good standing, and a new chain of delinquency then precedes the collection.

The debt collector was required to obtain and report the DOFD on the OC account to the CRA within 90 days after reporting their collection, so what they reported as the DOFD will be in your credit file.  Many consumer credit reports dont show the DOFD, but rather provide only as estimated date of exclusion, which is usually 6 months or so prior to the max exclusion date of 7 years plus 180 days from the reported DOFD.

If you obtain the reported DOFD, you will know the max date after which the CRA cannot include the collection in any credit report they issue.

How you handle contnued showing of a collection beyond 7 years plus 180 days from DOFD depends upon who is at fault, the debt collector or the CRA.

The CRA can only go on the reported DOFD.  If the reported DOFD is more than 7 years plus 180 days ago and it is still appearing in your credit report, you would file a complaint with the CRA for their clear violation of FCRA 605(c).

However, if the debt collector reported the incorrect DOFD, which results in the collection still being within the 7/180 period, the violation is on the part of the debt collector, not the CRA.  You would need to know what they reported to pursue inaccurate reporting of DOFD.

---

Thanks for your reply and info. Robert. The date this account was placed for collection was 10/28/2009 so that seems to be the best estimate of when the 7years plus 180 days starts. If I'm correct about that then it didn't have to be removed from my TU credit report, but it was. I'm not complaining.

Again, on my TU July 2013 report it says "Estimated month and year that this item will be removed: 2/2014. Who entered that? The CA or TU?
That's my main question. If it's the CA then I could write them a letter saying it was removed from my TU report but not Experian and Equifax. If that was entered by TU then I guess, at their disgression, they decided to drop this sooner than 7 years plus 180 days.

[09Lexie]

---

@dman23 wrote:

---

@RobertEG wrote:

What is commonly referred to as DOFD is defined under the statute as the date you first became delinquent on the account and remained delinquent up to the point of the referral or sale to the debt collector.  A DOFD can be reset if a previously delinquent account is brought back into good standing, and a new chain of delinquency then precedes the collection.

The debt collector was required to obtain and report the DOFD on the OC account to the CRA within 90 days after reporting their collection, so what they reported as the DOFD will be in your credit file.  Many consumer credit reports dont show the DOFD, but rather provide only as estimated date of exclusion, which is usually 6 months or so prior to the max exclusion date of 7 years plus 180 days from the reported DOFD.

If you obtain the reported DOFD, you will know the max date after which the CRA cannot include the collection in any credit report they issue.

How you handle contnued showing of a collection beyond 7 years plus 180 days from DOFD depends upon who is at fault, the debt collector or the CRA.

The CRA can only go on the reported DOFD.  If the reported DOFD is more than 7 years plus 180 days ago and it is still appearing in your credit report, you would file a complaint with the CRA for their clear violation of FCRA 605(c).

However, if the debt collector reported the incorrect DOFD, which results in the collection still being within the 7/180 period, the violation is on the part of the debt collector, not the CRA.  You would need to know what they reported to pursue inaccurate reporting of DOFD.

---

Thanks for your reply and info. Robert. The date this account was placed for collection was 10/28/2009 so that seems to be the best estimate of when the 7years plus 180 days starts. If I'm correct about that then it didn't have to be removed from my TU credit report, but it was. I'm not complaining.

Again, on my TU July 2013 report it says "Estimated month and year that this item will be removed: 2/2014. Who entered that? The CA or TU?
That's my main question. If it's the CA then I could write them a letter saying it was removed from my TU report but not Experian and Equifax. If that was entered by TU then I guess, at their disgression, they decided to drop this sooner than 7 years plus 180 days.

---

TU not the CA would have indicated the estimated date of removal on your CR. 

[dman23]

Robert, I found the answer to what I was looking for. Funny enough it was posted by you 2/6/13. Thanks

 Here it is:

Re: TransUnion "estimated month and year that this item will be removed"

[ Edited ] 02-06-2013 12:46 PM - edited ‎02-06-2013 12:48 PM

Estimated dates are not legal dates, as the CRAs will often use an estimated exclusion date several months prior to the maximum statutory exclusion date in order to give them a cushion against becoming in violation of the FCRA.

If the item is a collection or charge-off, the FCRA only requires the reporting of DOFD by month and year, and the exclusion is after the expiration of 7 years plus 180 days from the DOFD.  Thus, add 7 years plus 180 days, locate the month, and then the statutory exclusion period would be after the last day of that month.

However, once again, that is only the max date, and wont tell you when they will actually exclude.

[dman23]

Estimated dates are not legal dates, as the CRAs will often use an estimated exclusion date several months prior to the maximum statutory exclusion date in order to give them a cushion against becoming in violation of the FCRA.

If the item is a collection or charge-off, the FCRA only requires the reporting of DOFD by month and year, and the exclusion is after the expiration of 7 years plus 180 days from the DOFD.  Thus, add 7 years plus 180 days, locate the month, and then the statutory exclusion period would be after the last day of that month.

However, once again, that is only the max date, and wont tell you when they will actually exclude.

[dman23]

---

@09Lexie wrote:

---

@dman23 wrote:

---

@RobertEG wrote:

What is commonly referred to as DOFD is defined under the statute as the date you first became delinquent on the account and remained delinquent up to the point of the referral or sale to the debt collector.  A DOFD can be reset if a previously delinquent account is brought back into good standing, and a new chain of delinquency then precedes the collection.

The debt collector was required to obtain and report the DOFD on the OC account to the CRA within 90 days after reporting their collection, so what they reported as the DOFD will be in your credit file.  Many consumer credit reports dont show the DOFD, but rather provide only as estimated date of exclusion, which is usually 6 months or so prior to the max exclusion date of 7 years plus 180 days from the reported DOFD.

If you obtain the reported DOFD, you will know the max date after which the CRA cannot include the collection in any credit report they issue.

How you handle contnued showing of a collection beyond 7 years plus 180 days from DOFD depends upon who is at fault, the debt collector or the CRA.

The CRA can only go on the reported DOFD.  If the reported DOFD is more than 7 years plus 180 days ago and it is still appearing in your credit report, you would file a complaint with the CRA for their clear violation of FCRA 605(c).

However, if the debt collector reported the incorrect DOFD, which results in the collection still being within the 7/180 period, the violation is on the part of the debt collector, not the CRA.  You would need to know what they reported to pursue inaccurate reporting of DOFD.

---

Thanks for your reply and info. Robert. The date this account was placed for collection was 10/28/2009 so that seems to be the best estimate of when the 7years plus 180 days starts. If I'm correct about that then it didn't have to be removed from my TU credit report, but it was. I'm not complaining.

Again, on my TU July 2013 report it says "Estimated month and year that this item will be removed: 2/2014. Who entered that? The CA or TU?
That's my main question. If it's the CA then I could write them a letter saying it was removed from my TU report but not Experian and Equifax. If that was entered by TU then I guess, at their disgression, they decided to drop this sooner than 7 years plus 180 days.

---

TU not the CA would have indicated the estimated date of removal on your CR. 

---

Thank you Lexie.