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Lisjopet70

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Collection companies
I have 2 coll cos on my credit report, one opened 6//2010 and the other 6/2013. However, both have reported as recently as May 2016. Will these "fall off" in 7 yrs from when they were opened or from when they were last reported?

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The seven years starts from the time that the original account became delinquent. This is known as the DOFD date. If you are in doubt, you can contact the credit bureaus and ask when the accounts are slated to be removed.

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They will fall off 7.5 years from when you were 30 days late with the original account. It doesn't matter if the debt is sold from one collection agency to another; the date it can no longer be reported will remain the same.
They report every month until they can't report any longer, hence the recent reporting date. 

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