Ur momma!!
7 years from the DLA for "negative" accounts, and 10 years for accounts "in good standing".
You get closed accounts removed from your credit report in the same manner as any other information. You write a letter of dispute to the creditor, or credit bureau, or both. The question is; why do you want closed accounts removed from your credit? If these accounts were paid as agreed, their appearance on your credit report is still offsetting any other information that appears there. I have clients with closed, 6-10 year old, accounts and active derogatory accounts that still have viable credit scores. Were they to challenge and have removed the closed accounts, they would have no score at all, which can be worse than having a low score. Keep in mind that your credit report, and the resulting credit score, is a history of how you have paid your bills in the last 7 to 10 years. You do not necessarily want that history to be empty.
Never
Revolving accounts or Charge offs will stay on your report for up to seven years. But if you are interested in knowing what the statue of limitation is for the state of NC, then it is three years.
Depending on how soon the reporting collectipn agency notifies the credit bureau, and then I think the bureaus update the first of the month
7 years from the DLA for "negative" accounts, and 10 years for accounts "in good standing".
You get closed accounts removed from your credit report in the same manner as any other information. You write a letter of dispute to the creditor, or credit bureau, or both. The question is; why do you want closed accounts removed from your credit? If these accounts were paid as agreed, their appearance on your credit report is still offsetting any other information that appears there. I have clients with closed, 6-10 year old, accounts and active derogatory accounts that still have viable credit scores. Were they to challenge and have removed the closed accounts, they would have no score at all, which can be worse than having a low score. Keep in mind that your credit report, and the resulting credit score, is a history of how you have paid your bills in the last 7 to 10 years. You do not necessarily want that history to be empty.
Never
Derogatory information can stay on a credit report for up to seven years. This includes late payments, charge-offs, and collection accounts. Bankruptcies can stay on a credit report for up to 10 years.
The credit accounts will appear in the credit portion of your report for seven years from their date of last activity. The legal item will appear in the public record portion for 10 years from the date of its' discharge.
I've seen accounts listed for years. A bankruptcy will stay on for 10 years. If you have an account that is paid and closed and you want it off of your report you can dispute it with the major credit reporting agencies.
it can stay on your credit report for as long as 10 years.
Revolving accounts or Charge offs will stay on your report for up to seven years. But if you are interested in knowing what the statue of limitation is for the state of NC, then it is three years.
only like 5 months -andrea It must depend on the type of credit report. My 2007 CSC Mortgage Services report has credit card accounts on it that I closed in 1997. No late payments, no negative marks. Just listed there as a closed account. -Lee
If you have paid off all your debts, and your credit report is not reflecting this then it is up to you to make sure that this is updated.
Depending on how soon the reporting collectipn agency notifies the credit bureau, and then I think the bureaus update the first of the month
The date when the derogatory account is going to be removed from your credit report is known as the FCRA Compliance Date. Most derogatory accounts remain on your credit report for 7 years. Although there are exceptions. Chapter 7 bankruptcy accounts will remain on your credit report for 10 years. A tax lien may report indefinitely. You can try to have the accounts removed before the FCRA Compliance Date by contacting the credit bureaus, collection agencies, and original creditors. If you don't know what you are doing you will need to do quite a bit of research on how this process works, or you may hire a professional credit repair company to help you.