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Charge Off makes a reappearance :(

myquestionsfico
Regular Contributor

Charge Off makes a reappearance :(

So, up until February of this year, I had a charge off on Equifax reporting for a Greenville Federal Credit Union Visa card I had with them.  Sometime in Feb this year, it magically dropped off early.  It had been reporting since 2015.  For all the years it was on my report, it always showed the following:

 

Date of First Delinquency - May 1, 2014

Delinquency First Reported - Jan 1, 2015

 

So now I see that it has showed back up on my report, but now it shows the following:

 

Date of First Delinquency - Jan 1, 2015

Delinquency First Reported - Jan 1, 2015

 

I don't understand how for YEARS it showed the DOFD as 05/2014, and now it has moved into the future, just when I thought I was definitely past the 7 year clock.

 

Do I have any recourse?  I don't have any records from years ago, but I do have copies of previous Equifax reports (the latest being Jan and Feb of this year) with the original DOFD date.

 

21 REPLIES 21
Brian_Earl_Spilner
Community Leader
Mega Contributor

Re: Charge Off makes a reappearance :(

File a dispute and submit the previous reports as proof.




Message 2 of 22
AZnotorious
New Contributor

Re: Charge Off makes a reappearance :(

Agreed with @Brian_Earl_Spilner. Just submit the dispute online and use an older report as your proof. It'll get fixed. 

Message 3 of 22
myquestionsfico
Regular Contributor

Re: Charge Off makes a reappearance :(

Thank you both!  I tried submittin earlier, but for some reason their electronic ability to receive supporting documentation is down today (wouldn't you know it?).  Hopefully it will be up and running soon.  I'll keep you posted on if it works.  Crossing my fingers!

Message 4 of 22
Birdman7
Super Contributor

Re: Charge Off makes a reappearance :(

+1 Make sure you attach the documentation because that requires another level of review. 

-Community’s scoring wisdom: Scoring Primer.
-Revised: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.





(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 5 of 22
House2021
Frequent Contributor

Re: Charge Off makes a reappearance :(

Rather than wait up to 30 days tor the credit bureau to review and simply correct, not delete, I would file a BBB complaint against the. Requesting deletion, it's my understanding re-aging the debt can cause then to be fined $1000+ and is a big big no no

Message 6 of 22
myquestionsfico
Regular Contributor

Re: Charge Off makes a reappearance :(

Well, I don't think I want to do that.  As I noted at first, I don't have documentation on when the actual DOFD is, and I don't really recall if what they were showing (5/1/2014) is accurate or not...but that is the date they reported for 6+ years until a few months ago when it just dropped off my report.  Now that it has magically reappeared, the DOFD is showing as 1/1/2015, which very well could be correct. 

 

Message 7 of 22
Birdman7
Super Contributor

Re: Charge Off makes a reappearance :(

I hate to say it, but the BBB lacks any real authority that I’m aware of.
-Community’s scoring wisdom: Scoring Primer.
-Revised: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.





(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 8 of 22
House2021
Frequent Contributor

Re: Charge Off makes a reappearance :(

The BBB lacks authority but effective in getting the right people to respond. I was able to get nearly $50,000 in debt eliminated through complaints to the BBB without paying a penny, even two collection companies deleted from my report and a charge off deleted, which you usually can't get deleted for anything.

Message 9 of 22
Birdman7
Super Contributor

Re: Charge Off makes a reappearance :(


@House2021 wrote:

The BBB lacks authority but effective in getting the right people to respond. I was able to get nearly $50,000 in debt eliminated through complaints to the BBB without paying a penny, even two collection companies deleted from my report and a charge off deleted, which you usually can't get deleted for anything.


@House2021 I am impressed. Tell me more.

-Community’s scoring wisdom: Scoring Primer.
-Revised: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.





(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 10 of 22
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