Bolgan,

I think there are a number of different potential answers. In BC the TransUnion v Consumer Protection BC case in the supreme court will clarify when the clock starts ticking. That case was heard in June and the judgment is yet to be handed down. My interpretation is that the 6 years should be from the first missed or late payment.

Thank you for make it clear when the 6 years is up.
Seems like everywhere I read online, had a different answer.

I posted the FCAC link a couple of times already but didn't this time because its description of TransUnion's "first date of delinquency" is misleading at best; and that was precisely the point about which the blogger was asking. I didn't want to confuse him as it was going to be the usual 6 years in his case anyway.

Don't bother Monty, he's not interested.

Abe,

Good find with this link:

http://publications.gc.ca/collections/collection_2009/acfc-fcac/FC5-8-25-2008E.pdf

It certainly covers the basics that a person should know about credit reporting... Hear that Monty?! You should be posting this type of material onto this site.

Equifax uses the "date of last activity" for the start of their 6 year negative reporting period while TransUnion uses the "date of first delinquency." It can be confusing, but for a debt that gets written off (R9) and payments aren't subsequently reinstated, they mean the same thing.

There are other potential complications for debts that get sold to debt buyers, but I won't get into that now.

So an item is purged based on the "Date of Last Activity" (I'm guess the date on my credit report is the date it was charged-off), and not the date a first delinquency?

It should come off Nov. 1, 2014. Better pull credit reports from both bureaus though.

The item was purged from my account! :)

I have the same question about another item on my report.
I'm confused about date of last activity vs the date reported as delinquent (not sure what date is used to purge an item).

Please take a look below, and if possible, advise on what the purge date is.

BANK

Phone Number (xxx) xxx-xxxx

Account Number xxx...xxx

Association to Account: Individual

Type of Account: Revolving

Date Opened: 2004-08

Status: Bad dept, collection account or unable to locate
Months Reviewed:

Payment History: No Payment 30 Days Late

No Payment 60 Days Late

No Payment 90 Days Late

Prior Paying History: At least 120 days past due (2008-10) Three or more payment past due (2008-09) Two payments past due (2008-08)

Comments: Written-off
Acct assigned to third party for collection

High credit/credit limit: $10,000.00

Payment amount: Not Available

Balance: $10,000.00

Past Due: Not Available

Date of Last Activity: 2008-11

Date Reported: 2008-11

Good timing! It should be off tomorrow. But give it a week before checking because, while creditors report at the beginning of the month, sometimes they are a bit tardy.

Don't forget to pull your TransUnion credit report as well. Make sure it's not in the Public Records and other Information (Collections) section of either.

Meanwhile, read over the summary in the link below.

http://publications.gc.ca/collections/collection_2009/acfc-fcac/FC5-8-25-2008E.pdf

I have an item on my equifax report the is coming up on the 6 years.
Based on the information below, when would it purged?

CREDIT CARD
Phone Number: (800)XXX-XXXX High Credit/Credit Limit: $500.00
Account Number: XXX...XXX Payment Amount: Not Available
Association to Account: Individual Balance: $2,357.00
Type of Account: Revolving Past Due: Not Available
Date Opened: 2007-01 Date of Last Activity: 2007-12
Status: Bad debt, collection account or unable to locate

Date Reported: 2013-10
Months Reviewed:

Payment History:
No payment 30 days late
No payment 60 days late
No payment 90 days late
Prior Paying History: At least 120 days past due ( 2008-07 ) At least 120 days past due ( 2008-06 ) Three or more payments past due ( 2008-05 )
Comments: Written-off
Closed by credit grantor