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I currently have a FP CO from 2007.
Here's my plan of attack...
- PFD for Full Amount
- PIF and then send GW letter
My question is... if I do pay the full amount will it update the date to no longer be 2007? If it does, isn't it worth it to just wait 2 more years for it to fall off?
The DOFD, the date used as a basis for the 7-7.5 yr CRTP, will not change at all by paying it. Status dates can change, but that won't impact the length of reporting.