credit report question

[dogtown01]

Ok I just got my credit report and I need some help understanding it, if any one can please help. I never made any payments on the account and I opened it in 2004. I am almost at the 7 year mark and now I see this on my credit report. My question is when I hit the 7 year mark will both these reports fall off my credit report since they the same debit.

Bank of America EquifaxTransUnionExperian
Account Type:
Revolving Revolving
Account Number:
XXXX XXXX
Payment Responsibility:
Individual Individual
Date Opened:
02/2004 02/2004
Balance Date:
05/2010 08/2006
Balance Amount:
$0
Monthly Payment:

High/Limit:
$500 $500
Account Status:
Collection Collection
Past Due Amount:
$0 $0
Comments:
LAST REPORTED DELINQUENCIES: 04/2006=R5,03/2006=R5,02/2006=R5 CHARGED OFF ACCOUNT ACCOUNT TRANSFERRED OR SOLD TRANSFERRED TO ANOTHER LENDER LAST REPORTED DELINQUENCIES: 08/2006=R ,04/2006=R CHARGE OFF ACCOUNT TRANSFERED TO ANOTHER OFFICE



GR CAL FINC EquifaxTransUnionExperian
Account Type:
Open
Account Number:
6643XXXX
Payment Responsibility:
Individual
Date Opened:
03/2008
Balance Date:
05/2010
Balance Amount:
$1,754
Monthly Payment:

High/Limit:
$1,043
Account Status:
Collection
Past Due Amount:
$0
Comments:
ORIGINAL CREDITOR: 08 BANK OF AMERICA CORPORATION COLLECTION ACCOUNT

[chane]

Yes, the 2004 accounts should come off in 2011. It should say that on the credit report.

The other one is a collection account and should be disputed. Start here:

Basic Step by Step Beginner's Guide to Credit Repair

[dogtown01]

thanks bud for the info i sent a letter to all 3 cra's asking them to correct my address on my credit reports and for them to take off the old address and my old work history. i am gonna wait a week and then send out my letters. i am gonna use the 1 2 punch method which i hear is good.


again thanks guys ya saved me from a lot of trouble.