How Early Does Experian Remove Expiring Late Payments?

[Asilomar]

I have a late payment getting ready to come off of EQ and EX and I'm wondering how early Experian removes them.  I used to have a string of consecutive lates that I watched drop one by one and in that time I learned each CRA's "procedure".  EQ removed them 3 months early, exactly on the 1st.  TU removed them 2 months early by the 8th or 9th.  Experian had removed the entire string when the first one in the string was due to come off so I wasn't able to see what they did.  

Anyone?  

Thanks a bunch.  

[Anonymous]

Standard EE times are:

TU 6 months
EQ 3 months
EX 1 month

[EW800]

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@Anonymous wrote:
Standard EE times are:

TU 6 months
EQ 3 months
EX 1 month

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Any chance you have EQ and EX swapped?  I was under the impression that EX is 3 months and EQ a very tight one month.  

[Asilomar]

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@Anonymous wrote:
Standard EE times are:

TU 6 months
EQ 3 months
EX 1 month

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Thanks for replying but I'm not talking about the early exclusion of derrog accounts, I'm talking about late payments on otherwise accounts-in-good-standing.  

[Asilomar]

So I just updated my 3B and apparently Experian doesn't remove 3 months early exactly on the 1st like Equifax does.  Boo.  

Before I cancel my Credit Works subscription, or whatever they're calling it now, I think I'll give customer service a call and see what they say.

No one knows the answer to my question?  Anyone?  Anyone??

[dynamicvb]

I don't really know your answer, but I had a few come off the last few months. Looks like EQ removed the 30 days late 2 months early and EX 1 month. TU had removed the entire tradeline before I started saving my reports, so no data on that one.

I do not have any all in a string so can't comment on that and I was not really watching for these since a 30 day aging off does not help as the effect has already been factored in. 

I wish these two 60's and the 90 would get to the age to fall.

[MakingProgress]

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@dynamicvb wrote:

I don't really know your answer, but I had a few come off the last few months. Looks like EQ removed the 30 days late 2 months early and EX 1 month. TU had removed the entire tradeline before I started saving my reports, so no data on that one.

I do not have any all in a string so can't comment on that and I was not really watching for these since a 30 day aging off does not help as the effect has already been factored in. 

I wish these two 60's and the 90 would get to the age to fall.

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If you have late payments in a string, i.e. 30 day then 60 day then 90 day etc., the entire string is should be removed based upon the DOFD.   If you have a 30 day late then bring it current then have another 30 day late then each late payment will be removed based upon it's own DOFD. 

[Queen_Etherea]

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@dynamicvb wrote:

I don't really know your answer, but I had a few come off the last few months. Looks like EQ removed the 30 days late 2 months early and EX 1 month. TU had removed the entire tradeline before I started saving my reports, so no data on that one.

I do not have any all in a string so can't comment on that and I was not really watching for these since a 30 day aging off does not help as the effect has already been factored in. 

I wish these two 60's and the 90 would get to the age to fall.

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OK that's confusing because EX deleted late payments 3 months early for me. I had to beg and beg and beg some more, but they finally did it! EQ said they will automatically delete 1 month before the DoFD. I'm going to call them after work to ask about some accounts that should be deleted this month and I will let you guys know. These are student loan accounts, by the way, and all have 120+ lates. There's about 4 of them on my EQ report at the moment. All these accounts were deleted from TU 6 months early and from EX 3 months.

[RobertEG]

To amplify on the summary providing by MakingProgress, the FCRA does not explicitly define under its own exlusion subsection the process begin date of exclusion of monthly delinquencies.  The specifics are thus an interpretation of the statute as opposed to an explicit and clear statement.

Section 605(a) defines the various credit report exclusion provisions, and applies to any "adverse item of information" in your credit file/report.

It is structured by providing four explict types of adverse information in subsections (a)(1) thru (a)(4), which are bankruptcies, civil judgments, tax liens, and collections/charge-offs, and then providing a catch-all subsection 605(a)(5) that picks up any and all adverse items not explicitly discussed in subsections (a)(1) - (a)(4).

Subsection (a)(5) is thus the exclusion definition for monthly delinquencies.

Subsection (a)(5) only specifies that the adverse item antedate the report by more than 7 years, and does not specifify, for a monthly delinquency, what its date is.  Years of interpretation by the CRAs has resulted in their interpretation that the occurence of delinquency is its begin date, and that any subsequent reporting of continued and higher level or delinquency is only an extension of the delinquency period, and not a new delinquency in its own right.

Thus, as is clearly explained on the Experian web page, a string of concurrent deliquencies in the same chain are all excluded per interpretation of section 605(a)(5) based on the initial date of delinquency plus 7 years.

[dynamicvb]

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@Queen_Etherea wrote:

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@dynamicvb wrote:

I don't really know your answer, but I had a few come off the last few months. Looks like EQ removed the 30 days late 2 months early and EX 1 month. TU had removed the entire tradeline before I started saving my reports, so no data on that one.

I do not have any all in a string so can't comment on that and I was not really watching for these since a 30 day aging off does not help as the effect has already been factored in. 

I wish these two 60's and the 90 would get to the age to fall.

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OK that's confusing because EX deleted late payments 3 months early for me. I had to beg and beg and beg some more, but they finally did it! EQ said they will automatically delete 1 month before the DoFD. I'm going to call them after work to ask about some accounts that should be deleted this month and I will let you guys know. These are student loan accounts, by the way, and all have 120+ lates. There's about 4 of them on my EQ report at the moment. All these accounts were deleted from TU 6 months early and from EX 3 months.

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Just to clarify, I have not requested any EEs for any of the lates, the ones referenced just went away. I did not think you could get an early exclusion for lates only accounts so that is news to me. I’ve decided on these last two accounts that have lates that I’m just going to let the lates fall as these should then show up as positive once the 90 day that is on each fall early next year.