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Original Delinquency Date

When does the seven year period start, date opened or date paid?

Neither of those dates have any bearing on when information is deleted from your credit report. The seven year period actually starts on the original delinquency date of the account.

The seven year period starts from the date the account became late and was never again current. If you have an account and it was reported 30 days late today, seven years from today the late payment would be deleted.

If the account remains late, is charged off and is sent to collections, the original account and subsequent collection account will be deleted at the same time. The federal Fair Credit Reporting Act requires that collection agencies report the original delinquency date of the original debt.

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Do you have questions about credit?

Join our live video chat every Tuesday and Thursday at 2:30 p.m. ET on Periscope. Rod Griffin, Director of Public Education at Experian, is available to answer your questions live.

Scoped on: 08/11/2016

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