@CreditCuriosity wrote:
Depends if you want them to report until it falls off in 7 or 7 years and 6 months from DOFD.. So it could be on your reports until 7 years and 6 months after the DOFD which was 10/2014 which would put it at sometime in 4/2021 on your reports...I could be wrong as not in rebuilding section much but believe can be on reports for 7 years and 6 months vs just 7 years although @Anonymous might know this better than myself. Really comes down to how much you value 500ish dollars.. If it was me i would pay the trivial amount, but what is trivial for me isnt trivial for everyone.
It's trivial. With that said, I won't be app'ing for quite some time, so it's not imparative it fall off anytime soon.
TU is reporting "Estimated month and year that this item will be removed: 09/2021". Not sure if TU falls off earlier, same, later or what. But that's roughly a year from now.
If I do pay it, it won't be removed any sooner, correct? So in paying I might gain some points, but until it drops I'm not going to see anything dramatic?
UPDATE: A month passes and EX jumps nearly 30 points - I see no explanation for the change other than the jump. I did get three new cards in the last 1-3 months (two in the last month, one about 3 months out). Other than that, nothing has changed. My feeling is this 30pts is the jump from over a month ago. EQ was about a 30pt jump too, TU about 10-20pts. It just seems EX took two months to show. (TU and EQ have not jumped since then - so my best guess is there was some lag before they updated *shrug*)
I don't know how I would recognize that they'd reported late. I can tell you, nothing else has changed relative to my original post. It seems (from all I can disern) that there was a delay in the update of my score. I only post this to help others. If things change and their EX doesn't update, they may want to wait a month or two. There's a chance there's a delay in the update.
OK, well that would be my mistake. I check it maybe once a week or once every two weeks. (I have a subscription - yes, I'll be checking it more now 
) Unfortunately I can't see any obvious change between the previous update. What I can say - TU and EQ both had big jumps, EX had no change. So from my POV, it seems that the change was merely delayed about a month or so - why, I don't know. But as of now, all three seem to have had approx the same jump. In the end - I'm alright with the update. Just confused why there was a delay compared to TU and EQ.