This is driving me crazy. I had an accidental charge-off to Dell Financial in 2001. It first became delinquent in March 2001, it was paid in full in Sept 2001, the same month it was charged off. I have a credit report from Equifax from 2 years ago, it shows history and shows the correct date of 1st delinquency as March 2001, so if nothing had changed it would have fallen off by now. But now there is no history and it shows the DOFD and the charge off date as the same, Sept 2001. Whenever I talk to Equifax, all they are willing to do is dispute it again with DFS. I have disputed several times now, it always comes back as "verified as accurate". But it's not accurate, I have the old report that shows different, and DOFD would not be the same as charge-off date anyway. Is there some other approach I can take to get this corrected??? Then it will go away, I assume.
Well, there is a technical issue here; you state DOFD is March 2001. C/O date of Sept 2001. Per the reporting SOL, a C/O reports for 7 years + 180 days. Usually the CRAs shorten this a bit to protect themselves, but by the law this should report until Sept 2008 (if it were detailed as a C/O). Did you request the removal date from Eq?
No, I didn't. Is that something I should do by making a telephone call? or through some on-line process?
OK, help me out Bizwiz! If I call and they tell me drop-off date is sept 2008, what should I do? Is it possible to get them to go ahead and delete since the account used to have payment history that showed deleinquency in March 2001? Normally, the CSR seems robot-like and simply asks "would you like to dispute this", I guess that's all they are trained to know how to do.
First, find out the scheduled drop off date per their records. Then, dispute as "incorrect Date of First Major Deliquency". Most likely they don't have it on file, or it is incorrect. You've nothing to lose with disputing it. Since it is so old there is also a good chance it will not be verified...
