I just got my Equifax credit report and I have one charge-off that I am trying to figure out when the 7 years will hit: "Date Opened:" 03/1993 "Last Activity:" 05/1995 "Date Reported:" 12/1996 Type/Status: Revolving/Charge-Off Company Name: First USA Bank (Credit Card) Which of the above dates does the 7 years start from? From what I could gather from this site, the Last Activity date would be it? If so, when should I request it be removed or will it be removed automatically? Great site BTW, quite a few helpful people here!! Thanks in advance!
hey thats good news 4 you.....it is definately the 5/1995 date...trust me im in the same boat as you by a few months difference. Did you know experian's system generally purges accounts 3 months early when they hit the 7 year mark...so on your experian report it may fall off as early as Feb. I know this to be trues as it happened to me for 3 accounts already hope this helps ya LOVE & PEACE
I was told several weeks ago by an Experian rep that the 7 year clock started from the date of first delinquency not that date of last activity.
