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 Report
Profile Image

Question By
LisaM85

0 Contributions
0 People Helped
No date of last payment listed, would it then go by the closed date?
There is no date of last payment listed so I was just wondering what date the 7 years would be based off of, I'm assuming the closed date but not too sure.

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
935 Contributions
132 People Helped

The 7 years timeline would go from the date the account was listed as closed.

Top Contributor
999 Contributions
555 People Helped

If the account in question was a charged-off and or collection account? Then the removal date dose NOT go by any other date except the Date Of Fisrt Delinquency. The reporting party need provide that info with-in first 90 days of reporting to the credit bureaus... That DOFD would normally be on your reports pulled directly from credit bureaus or you can simply call each credit bureaus, they will tell you exactly when that date is and when it's scheduled to be removed.

-

If that account was closed in good standing? Then it can last upto 10 years from when it's closed.

Results 1-2 of 2Results 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.