Estimated month and year that this item will be removed confusion

[srikanth6]

Hi Gurus,

I am bit confused with this(Estimated month and year that this item will be removed)  I got the reports from Transuinon and Experian and Equifax. Eq does not show the estimated date of removal,But TU and EX shows both of them shows different date of removal from the credit file.

I have two bank of america accounts with the same account numbers in TU & EX

TU says Estimated month and year that this item will be removed --09/2013

TU says Estimated month and year that this item will be removed --07/2013

EX says Estimated month and year that this item will be removed --06/2015

EX says Estimated month and year that this item will be removed --07/2015

I live in Albany,NY Can any one please advice me what I am suppose to do.

Thanks in advance.

[Shogun]

It looks like TU is going by the NY statute of 5 years, and EX is going by the standard CRTP of 7 years.  The 5 years goes for paid debts only BTW.  I would contact EX and advise them that you live in NY.

[srikanth6]

  Shogun,

Thanks a lot for the info.

[Mike_B03]

I've got a few mismatches on my credit report too for the fall off date and DOFD, I'm not sure why.

And old Chase account in particular has aged off on TU and EQ (showed DOFD 01/06), but Experian shows DOFD was 05/2006...how could it be 4 months later?

[srikanth6]

Hi Shogun,

Today I called equifax regarding the delete the file from the report as I am current new york resident.One of the customer service rep told me that.They are going to delete only Liens and Judgements for 5 years and rest of the Trade Lines are going to stay on the report for 7 years.Please Advice what I am suppose to do.TU is deleteing the TL next month.I need to call EX.

Thanks,

GS