DOFD ?

[Booner72]

I have an Nissan account from a car repo - repo occurred about 2/2005 - so I'm happily anticipating it's removal soon.  HOWEVER, EQ has the DOFD as the date I filed Bankruptcy - 10/2005.  WRONG!

I disputed and it came back verified.

What do I do now?

Thanks in advance.

[LIGHTNIN]

Do you have older CR's from EQ, that have the correct date on them? If so, send EQ copies of CR with the correct DOFD as proof.

You maybe interested in the MOV letter....http://ficoforums.myfico.com/t5/General-Credit-Topics/Method-Of-Verification-MOV/m-p/9859

[Booner72]

I do not have an older credit report w/ a different date.

[llecs]

Are there any lates showing prior to the BK?

Does the repo comment show at all?

[Booner72]

Credit Account

Niss Infi

Status as of Date opened [?] Date of last activity [?] Account number [?] Account Type [?] Account holder [?] Industry

Oct, 2005

Nov, 2001

Oct, 2005

XXXXXXX4349

Unknown

Individual

Auto Financing

Descriptions [?]

• Bankruptcy chapter 7
• Consumer disputes - reinvestigation in progress

No contact information provided by Equifax

Balance [?] Current Status [?]

$0	Included in Bankruptcy

Seven year payment history [?] 30 days late 60 days late 90+ days late

0 times

0 times

0 times

Worst Delinquency [?]

None Reported

The Worst Delinquency reports the worst missed payment status that has been documented on this account. Your FICO® score evaluates how recently that missed payment occurred and in general, the more recent, the more impact it has on your score. However, the fact that it occurred is still predictive of future

This is what MYFICO shows it as.  EX says it will drop 2/2012 and TU says 3/2012.  According to what I can decipher here, it won't be until October 2012 and that's WRONG - it could even be 6 months after that.  Maybe a DV letter to Nissan themselves and a little side-note that they have the DOFD wrong on EQ??

[Booner72]

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@Booner72 wrote:

Credit Account

Niss Infi

Status as of Date opened [?] Date of last activity [?] Account number [?] Account Type [?] Account holder [?] Industry

Oct, 2005

Nov, 2001

Oct, 2005

XXXXXXX4349

Unknown

Individual

Auto Financing

Descriptions [?]

• Bankruptcy chapter 7
• Consumer disputes - reinvestigation in progress

No contact information provided by Equifax

Balance [?] Current Status [?]

$0	Included in Bankruptcy

Seven year payment history [?] 30 days late 60 days late 90+ days late

0 times

0 times

0 times

Worst Delinquency [?]

None Reported

The Worst Delinquency reports the worst missed payment status that has been documented on this account. Your FICO® score evaluates how recently that missed payment occurred and in general, the more recent, the more impact it has on your score. However, the fact that it occurred is still predictive of future

This is what MYFICO shows it as.  EX says it will drop 2/2012 and TU says 3/2012.  According to what I can decipher here, it won't be until October 2012 and that's WRONG - it could even be 6 months after that.  Maybe a DV letter to Nissan themselves and a little side-note that they have the DOFD wrong on EQ??

PS:  This is the only account (besides a student loan) that is showing w/ the red flag that isn't a collection. 

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[llecs]

The except above doesn't include a DOFD, only a DOLA. Two different dates. DOFD always preceeds DOLA. I think if you pull your report from annualcreditreport or directly from Equifax.com, you should see a listed DOFD.

The red flag is due to the IIB comment, which is a negative.

[Booner72]

The DOFD from EQ says 10/2005 as the DOFD.

[RobertEG]

I dont understand why DOFD is even an issue on this account. 

DOFD is only relevant to charge-offs and collections, pursuant to FCRA 605(a)(4), 605(c), and 623(a)(5).

The actual reporting of a DOFD is governed by FCRA 623(a)(5). and is not even required to be provided to the CRA until the delinquent accout has been charged-off or referred for collection.  They then have 90 days from that date to provode the DOFD to the CRA.

There is no requirement that it otherwise be reported.

A repo, if reported as such, is not a specific item of adverse information listed under one of the paragraphs of FCRA 605(a), and thus falls under the coverage of FCRA 605(a)(5) as "any other item of information."  The credit report exclusion date is based, per section 605(a)(5), on the date of occurence of the adverse item, and terminates 7 years thereafter.  DOFD is not the issue.

[AndySoCal]

Do you recall if you were ever late on this account prior to your BK ?