jensgt Posted April 28, 2005 Report Share Posted April 28, 2005 Ok here are the basics. I signed up for classes at the local community college in Spring 1998. 7 years later I still owe them money (stupid I know but Im paying them off now) and I just found out it is on my Trans Union account. They will be paid off in a few weeks and I can get a letter and have them report it as paid off. My question is this...under details it states "Estimated date that this item will be removed is 12/2005"I am confused about this. The report also says "date reported for collection 5/2004"So is it being removed in 2005 because its an account that was opened in 1998? Or is the CCU of Maryland very leniant? I assumed this would stay on my credit report either 7 years from the date of collection or 7 years from the date the collection was paid in full.What do you all think? Link to comment Share on other sites More sharing options...
divemedic Posted April 28, 2005 Report Share Posted April 28, 2005 7 years and 180 days from when the debt went delinquent and was never brought up to date.If it was dependant on when it went to collections, a company could report forever simply by not sending it to collections. Link to comment Share on other sites More sharing options...
jensgt Posted April 28, 2005 Author Report Share Posted April 28, 2005 so it should dissapear in 12/2005 even if I pay it off next month? Link to comment Share on other sites More sharing options...
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