What is the difference between Date Opened and Date Reported on a credit report?

Sibyl Siwik: Date opened is the date the account was opened.Date reported is the last time they got info on the account.The seven years is the the amount of history they keep on the report. January 2009 will fall off the report after January 2013 (seven years from now)....Show more

Becky Mosena: Date opened is the date the account was opened.Date reported was the date of the last update received by the bureau.The seven year countdown starts today and runs backward.