Monday, July 6, 2009

How long will past due accounts remain on your credit report?

I heard that after so many years they will remove negative things from your report. Any truth to this?



How long will past due accounts remain on your credit report?

The SOL(statute of limitations) for debt reporting is 7 years. How this works that 7 years after the date of the last known activity on the item, it is usually not reported after that. It%26#039;s not removed, it%26#039;s simply not reported.



How long will past due accounts remain on your credit report?

That is right. If its collection account it should be removed by 7 yrs. If its bankruptcy or foreclosure on property it will be removed after 10 yrs and tax lein will be removed after 10 yrs



How long will past due accounts remain on your credit report?

7 long years.



How long will past due accounts remain on your credit report?

after u have paid them off, it will take 7 years from the day u paid them in full..



How long will past due accounts remain on your credit report?

7 years

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