Hi Pauly, and welcome.
As to the date of falloff of prior delinquencies from you CR, no, it has absolutely nothing to do with date the account was either open or closed. Derogatory reporting by an original creditor (OC) falls into two categories.
First the OC reports monthly derogs to the CRAs on your active accounts once you are 30, 60, 90, etc. days delinquent in satisfying each monthly billing statement. Those OC account derogs remain for 7 years from their individual date of reporting. FCRA 605(a)(5). They are separate from any later Charge-Off of the account they make, and dont drop all as one upon exiration of the DOFD.
Second, the OC may choose to then close the account and do a "charge-off" (CO) of the debt, and separately report this to the CRA. That is when date of first default (your 30-day late) enters into the picture. That separate CO reporting can remain in your CR for 7 1/2 years from the DOFD on the OC account.
But then comes the possible third report from hell. The OC can then refer the account, charged-off or not, to a third party collection agency.
The collection agency (CA) who has been given the collection then has the authority to report another derog to you credit file, called a collection account.
The CA reporting can also remain for 7 1/2 years from the DOFD on the OC account, so will drop at the same time as the CO, but puts another major derog in your CR, So,at that point you have the OC account derogs dragging down your FICO score, the reporting of the CO by the OC, and now a CA adding another major derog to your credit file. All of which are scored by FICO.
You have options to offer a pay for delete (PFD) with the OC, but it may or may not be accepted. Read about PFD.
But IMHO, if it has not yet gone to collection, I would offer the OC a payment in full (PIF), and then worry about goodwill deletetions in the future. I would not it to go to collection. Just my opinion.
