Tradelines: 7 years
Bankruptcies: 10 years
seven years
Unpaid debt can remain on your credit report for 7 years. If you have a bankruptcy this can remain on your credit report for 10 years.
7 Years from the DLA.
7-10 yrs
Seven years
Most of the time cancellation of debt will remain on your credit report for seven years. If the cancellation of debt is associated with a bankruptcy, it may take 10 years.
If your vehicle is already up for repossession, it is already on your credit report as a delinquent or defaulted debt.
as long as it remains a part of your credit report, 7 years.
5 months
7 years from the DOFD
7 to 11 years depending on debt to earning ratio
Bankruptcy would be more credit damaging than just having large credit card debt, mainly because it stays on your credit report for longer. One of the biggest disadvantages of filing for bankruptcy is the lasting effect it has on your credit report- typically staying on your report for 7-10 years. With credit card debt there are more flexible options and obviously when you pay the debt and does not stay on your report for as long.