Send PFD for collection almost 7 years old?

[Anonymous]

I have a collection account for $500 with Afni, Inc. on an old T-Mobile account.  The date of last activity is 11/2002.  The date last reported was 6/2003.

Is it worth sending a PFD letter for a smaller, amount?  They've offered $270.

Or should I just wait and let it go away?  I can't tell if that will be later this year, or next year.

Thanks for any advice or comments.

[Anonymous]

What is the DOFD? You will find this on a report directly from EQ or you'll see a removal date on a report directly from EX or TU.

Also, what is the last reported/updated date?

Message Edited by sidewinder on 06-02-2009 07:06 AM

[Anonymous]

I'm not sure about the DOFD.  I only have the data provided by myFICO (below).  But I'm confused about which of those dates is the most important.  Should I try to get the DOFD?

Thanks for your help. 

Date assigned: Dec 01, 2002

Date reported: Jun 01, 2003

Date last active: Nov 01, 2002

[JoeBJay20]

The MyFICO reports won't show you the DOFD, you need to get the reports directly from the bureaus.  Have you gotten your free annual reports for this year? 

[Anonymous]

I've only pulled my Experian report (from their website), but it doesn't have the T-Mobile account listed.  It's only listed on my Equifax report.

I can request my report directly from Equifax if that is what I need to do.

[JoeBJay20]

I was just making sure that you were aware that you were entitled to a free copy of your reports once a year from all three bureaus.  You can click on the free annual reports link in sidewinder's signature for more info.

[Anonymous]

---

CrashDavis wrote:

I'm not sure about the DOFD.  I only have the data provided by myFICO (below).  But I'm confused about which of those dates is the most important.  Should I try to get the DOFD?

Thanks for your help. 

Date assigned: Dec 01, 2002

Date reported: Jun 01, 2003

Date last active: Nov 01, 2002

---

Is this what the CA that offered the settlement is reporting or the OC?

Judging by the date assigned date, DOFD was prior to Dec 2002, which means the 7 year mark has already hit or is really close.

If this account has not been reported/updated since 2003, I am not sure I'd do anything yet. Wait for it to be removed and then PIF/settle.

But, go ahead and get the dates from the EQ report directly and post back.

[Anonymous]

It is the CA that is listed on the collections tab with the date information.

I don't mind paying the settlement now.  I'd like it removed from my account though, and I'm concerned that if they reject the PFD, it will somehow renew the 7 years.

Forgive my ignorance/paranoia.

[Anonymous]

CRTP(7 - 7 1/2 years) runs from DOFD. DOFD is set by the OC and can not be changed once an account is charged off/sent to collections/etc.

So, paying, offering to pay, etc will not restart the CRTP once it is at this stage.

[Anonymous]

It appears to me this will drop off in December, so I wouldn't bother paying them. Can you try sending them a DV? AFNI are well-known for their collection tactics.

There's actually an AFNI office in town. At least then I can threaten to egg their facility if they ever try to come after me! (For the record, I don't owe anyone any money, and currently have no collection agencies coming after me, and I don't expect any to.)