time frame for credit reporting
Date: Wed, 04/15/2009 - 11:19
7 years + 180 days starts with the Date of First Default (DOFD),
7 years + 180 days starts with the Date of First Default (DOFD), the date a payment was due and not made and the account was never again brought to a current status.
Student loan tradelines are different. If you default, the trad
Student loan tradelines are different. If you default, the tradeline can remain for 7 years from the date that the default claim is paid. Your date of first deliquency might be several months earlier, but the clock starts ticking from the date that the guarantor pays the default claim.
so what does the date of first delinquency mean? TU says advers
so what does the date of first delinquency mean? TU says adverse account may generally be reported for 7 from the date of the first delinquency on their reports...if something is charged off, when does it report from? charge off date or the first late payment, or am i missing the boat here..thank you for your quick responses...greatly appreciated..
Generally, the date that an account hits 30 days late will be th
Generally, the date that an account hits 30 days late will be the DOFD.