Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Karma
Profile Image

Question By
Homeskillet1984

0 Contributions
0 People Helped
Collections fall off 7 years after "Last Reported" or "OPened DAte" on Credit Karma's report?
Nearly all of my hospital collections say the "Last Reported" date as being a very recent date... as in last month. However, I've not had contact with this collector in several years. The "Opened Date" is from 2010. Should this collection come off 7 years from Opened Date? If it's supposed to be 7 years from the Last Reported date, then why is it showing that there has been contact in the last month?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
5038 Contributions
1131 People Helped
Most Helpful Response

Helpful to 3 out of 3 people

The seven year starting time begins at the time the account became delinquent, so when you did not pay the bill by the due date that was the starting time. You will have to look back in your records if available to see when the original bill was due and that would be your starting date. You can contact the credit bureaus and ask them when the account(s) in question are slated to be removed from your reports. Opened Dates and Last Reported Dates have nothing to do with the credit reporting time period.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.