removal date question

[Anonymous]

capital one charge off from 2008 reports every month with additional late fees. TU removal date is 6/2015. if i request early exclusion and it does get removed, can CapOne just report again next month and create the TL from scratch again?

[gdale6]

---

@Anonymous wrote:

capital one charge off from 2008 reports every month with additional late fees. TU removal date is 6/2015. if i request early exclusion and it does get removed, can CapOne just report again next month and create the TL from scratch again?

---

Nope, the CRA "excludes" it from your report due to age.

[Anonymous]

awesome thanks gdale!

[scorewatcher7]

if the removal is not initiated by the creditor it can resurface. 

[RobertEG]

The creditor has nothing to do with credit report exclusion of the charge-off other than reporting the DOFD.

After obtaining the DOFD, the CRA monitors the DOFD and must exclude no later than 7 years plus 180 days after the reported DOFD.

It can not be reinserted in your credit report after expiration of its exclusion period.

[jbishop1001]

How do you request an early exclusion? I have 3 medical collections all set to fall off in september 2015. They're all outside statute of limitation in my state.

[gdale6]

---

@jbishop1001 wrote:

How do you request an early exclusion? I have 3 medical collections all set to fall off in september 2015. They're all outside statute of limitation in my state.

---

Either by phone or writing a letter to the CRAs. You should start trying with TU 6 months prior and 3 months out with the others. States SOL has nothing to do with how long a derog can stay on file, thats governed by the FCRA.

[jbishop1001]

they age at 7 years in sept but what if experian states they fall off in june? can i do it from 6 months before the report says?