This is a simple quetion in reference to the CRA when items are supposed to drop off.
Simply, I have a few baddies that have been paid. I realize there is either 7-7.5 yrs. before they are supposed to fall off, but does it fall of from the 1st date the account went delinquent or the date of last activity?
Example: I had a NFCU account in which I had isses whn my wife was sick and in the hospital. It initially went delinquent in March 2003. I had several delinquences, but pressed and PIF regardless in April 2008.
So when does the 7-7.5 years start?
Message Edited by fused on 12-12-2008 11:49 AM
