Collection Drop Off Date

Anonymous · ‎10-09-2009

Hi!

What date does a collection drop off from? The Date Assigned, Date Reported or Date Last Active.

Thanks.

cdtotten · ‎10-09-2009

None of the above. It is the Date of First Delinquency (DOFD). It is 7-7.5 years from this date.

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RobertEG · ‎10-09-2009

Go back to the account with the original creditor. Disregard any CA reporting.

Find the 30-day late in any chain of account delinquencies with the OC that led to the collection. That is your DOFD.

Disregard any 60/90+ delinquencies that may have occured with the OC

Under FCRA 605(c), the CA must drop from your CR at 7 1/2 years from this DOFD. It cannot be reset by any action on the part of the CA.

Anonymous · ‎10-14-2009

Thank you!