Date of First Delinquency
Explanation and Examples of FCRA Compliance

 This date will be used by the credit reporting agencies to determine when delinquent data is to be deleted, pursuant to the Fair Credit Reporting Act (FCRA).

HOW TO REPORT:
 For Status Codes 61-65, 71, 78, 80, 82-84, 88-89 and 93-97, report the date of the first delinquency that led to the status being reported. If a delinquent account becomes current, then goes delinquent again, the Date of First Delinquency starts over with the new first delinquency date.
 The following are two step-by-step examples on how to report FCRA Compliance/Date of First Delinquency.

Example 1: Displays an account that goes delinquent to current and then goes delinquent again.
 

	Billing Date	Account Status	Definition	Date of First Delinquency
Month 1	02/28/1996	11	Current	NA
Month 2	03/30/1996	11	Current	NA
Month 3	04/30/1996	71	Delinq 30	04/30/1996 (First Delinquency)
Month 4	05/30/1996	78	Delinq 60	04/30/1996
Month 5	06/30/1996	11	Current	NA
Month 6	07/30/1996	71	Delinq 30	07/30/1996 (First Delinquency)
Month 7	08/30/1996	78	Delinq 60	07/30/1996
Month 8	09/30/1996	80	Delinq 90	07/30/1996
Month 9	10/30/1996	97	Charge-off	07/30/1996

Example 2: Displays an account that goes delinquent and never returns to a current status.
 

	Billing Date	Account Status	Definition	Date of First Delinquency
Month 1	02/28/1996	11	Current	NA
Month 2	03/30/1996	11	Current	NA
Month 3	04/30/1996	71	Delinq 30	04/30/1996 (First Delinquency)
Month 4	05/30/1996	71	Delinq 30	04/30/1996
Month 5	06/30/1996	71	Delinq 30	04/30/1996
Month 6	07/30/1996	78	Delinq 60	04/30/1996
Month 7	08/30/1996	80	Delinq 90	04/30/1996
Month 8	09/30/1996	97	Charge-off	04/30/1996
Month 9	10/31/1996	64	Paid Charge-off	04/30/1996