What exactly gets dropped after 7 years?

Mar 172011
 

I have a loan that went into collections in 2003 and continued to be paid in collections until 2008 and was then closed. I thought the DOFD (2003) would cause this derogatory account to be removed after 7 years. What exactly gets removed after 7 years (and 180 days) from DOFD?

 

Thanks,

JD12

Just want to make sure I got this straight…

Mar 152011
 

Hey everyone!  Just wanna make sure I have this one correct?

 

If a CA reports a debt they purchased with an open date of 5/2008; date of status (w/e that is!) of 6/2008; reported since:  6/2008; and last reported date of 4/2009……and the actual DOFD from the ”OC” (was reporting charge off, but no longer on CR) was 6/2003…..is the CA in violation? 

 

What can be done to remove?  Thanks.

Same collection coming off reports at different times?

Mar 142011
 

Shouldn’t a collection come off of all 3 of your reports at the same time, since the DOFD is the same?  On what basis would they come off several months apart (say more than 6 months)?

Utility Bill SOL

Feb 262011
 

Does anybody know what category utility bills fall under?  I just got a dunning notice from a CA for an old gas bill.  The OC never reported and the CA hasn’t reported yet.  I have no idea with the DOFD is.

 

I live in Ohio.

 

Thanks!

Settling old student loan

Feb 072011
 

I’m starting the process of negotiating a settlement on my old student loans. They defaulted over 10 years ago and are no longer on my credit reports. Obviously I’d like to keep it that way. But I’d also like to get the CA monkey off my back. What language do I need to negotiate to make sure paying off this debt doesn’t result in it showing up on my CR again? Will it automatically stay off because the DOFD is so old? Or could making payment reset the clock?

 

Just want to make sure I cross my T and dot my I.

 

Thanks.

What to do? OC no listed on CR for medical collection

Jan 192011
 

I have a couple of medical collections on my equifax report from MEDClear, Inc (Horsham, PA).  The DOFD is 11/2006; the Date of Major Deliquincy Reported is 10/2008.  None of them list the OC and my EOB’s don’t go back that far.  Any advice on what to do?  Should I dispute as not mine with CRA.  I have no evidence these are mine.  Any advice is appreciated.  Thanks so much to all of you very wise people who offer such great support and knowledge.

Looking to repair my credit score

Jan 162011
 

My fiance and I are wanting to buy a house since we now have a little one on the way, we were wanting to do it about April of 2012, to give us some time to get our finances/credit in order. My scores are all in the high 500′s, low 600′s. What’s the best way to repay some of this past debt, and get the things off there that shouldn’t be on there to begin with.

 

Here are the goods that are on my report

1. I have had a CC with a $500 limit for about a year now, how should I best utilize to increase my score the most

2. I have two separate accounts with a Lease to Own company (think rent-a-center) one for $1,147 and the other $1,686 both PIF no lates etc.

 

Listed below are the baddies listed on my report

 

Equifax

1. I have a student loan that is listing from the OC and CA is there a way to get at least one of those of f my report? It’s currently PIF. DOFD 7/2004

2. I have a collection account for $239 that I need to pay. would it be better to ask for a PFD or just make the payments and leave it on there. DOFD 03/2005

3. a medical collection that just showed on my report for $881. I know for a fact that this bill has been PIF to the OC without it even being late. Can you DV a medical collection? DOFD 9/2010 (at least that’s what’s showing on my report)

4. collection account for $80. DOFD 07/2006. I’m thinking a PFD would be best for this one.

 

Transunion

1. the same collection acct as #4 from EQ

2. same student loan from #1 EQ

3. same collection acct as #2 EQ

4. Medical collection account for $219 that I’m not sure what it is. DOFD 1/2006

5. Medical collection account for $4,082 that I know I owe, but what’s the best course of action for this DOFD 6/2006

6. Medical collection account for $1,591 that I know I owe, but again, what’s the best course of action? DOFD 6/2006

7. Collection account for $97. Is PFD the best option? DOFD 10/2008

 

Experian

1. same collection account as #4 EQ

2. $3,269 bill for when I was “evicted” from an apartment, this went to court and the complex dropped the suit because they were in the wrong, how do I get this off my report

3. Same student loan as #1 EQ

4. same collection account as #2 EQ

5. same medical collection as #6 TU

6. same collection account as #7 TU

7. same medical collection as #3 EQ

 

 

 

Question on date of first delinquency

Jan 102011
 

Hi,  I have a question on date of first delinquency (DOFD). where do you actually find that date for a particular account? I have had a number of bad accounts in the past (about 6 years ago) due to family circumstances. Currently working on rebuilding my credit.  I have purchsed the transunion and equifax credit reports today, but dont seem to find the DOFD in the reports.

 

Any suggestions would be appreciated.

 

Thank you

 

 

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