Equifax TransUnion Experian
Account Type: Revolving Revolving Revolving
Account Number: 41060820XXXX 41060820XXXX 41060820XXXX
Payment Responsibility: Individual Individual Individual
Date Opened: 11/2001 11/2001 11/2001
Balance Date: 04/2009 04/2009 04/2009
Balance Amount: $1,436 $1,436 $1,436
Monthly Payment: $0
High/Limit: $651 $651 $1,436
Account Status: Collection Collection Late Over 120 Days
Past Due Amount: $1,436 $1,436 $1,436
Comments: CHARGED OFF ACCOUNT ACCOUNT CLOSED BY CREDIT GRANTOR CANCELLED BY CREDIT GRANTOR ACCOUNT DELINQUENT 180 DAYS PAST DUE DATE LAST REPORTED DELINQUENCIES: 04/2009=R9,03/2009=R9 CHARGE OFF ACCOUNT CLOSED BY CREDIT GRANTOR
This is a (negative item) on a 3-in-1 credit report I look at daily from Equifax. My concerns are the dates. As you can see the date that this was opened was 11/2001 (I stopped paying a couple of months after that). Why does the balance date say 4/2009? This debt is pass the 7 year mark. Any further explanations and/or advice of this will be greatly appreciated. Thanks!
The negative mark stays on your credit report for seven years and 180 days from the date of your delinquency and not just seven years. So I think that the listing about the expiry of the debt in your credit report is correct.
Justin is correct. By my figures it should fall off sometime in May or shortly there after. If it is still there in a few months I would dispute the debt as being old. This could get it removed from your report. The reason it shows a bnalance for 2009 is because there is still one owed and that is what is being reported. Your best bet is to let it fall off.