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!


Posted in Credit Report
Profile Image

Question By

14 Contributions
8 People Helped
Understanding Credit Report from Equifax
Question about Equifax credit report and the date to look at to know when an item will "fall off" of it. Here is the information under their category of CLOSED ACCOUNTS:

Current Status: CHARGE-OFF
Account Owner: Individual Account. High Credit:
Type of Account : Open Credit Limit:
Term Duration: Terms Frequency:
Date Opened: 12/01/2008 Balance: $ 58
Date Reported: 03/01/2009 Amount Past Due: $ 88
Date of Last Payment: Actual Payment Amount:
Scheduled Payment Amount: Date of Last Activity: N/A
Date Major Delinquency First Reported: 03/2009 Months Reviewed: 2
Creditor Classification: Activity Description: N/A
Charge Off Amount: $ 58 Deferred Payment Start Date:
Balloon Payment Amount: Balloon Payment Date:
Date Closed: Type of Loan: Returned Check
Date of First Delinquency: 12/2008
Comments: Charged off account

What date do I 'focus' on to see when this will be removed from my report? Any help would be greatly appreciated.

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

View your scores and reports anytime.


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.