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A charge off should be removed from the credit report when the required seven years has expired. Credit bureaus are sometimes lax in their reporting, therefore the consumer should keep track of entries and if necessary contact the CRA, present the needed documentation and request any invalid information be removed.

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โˆ™ 2005-09-29 19:32:18
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Q: How long will a charge off take to come off credit reports?
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Related questions

How long do you have to wait for a charge off to come off your credit report?

Typically, you have to wait 7 years for the charge-off to come off your credit report. But, if the account is incorrect, incomplete, misleading, or unverifiable, it may be deleted much sooner.

Are the three credit reports reliable and trustworthy?

The three credit reports are reliable and trustworthy. They are experian, transunion, and equifax. As long as you monitor your reports to make sure no one steals your identity, they are reliable.

How long does bankrcuptcy show in a Credit breau?

It will show up on the credit reports for 10 years.

How long does it take for items to drop off your credit credit cardscharge offsrepos?

Negative entries stay on your reports for 7 years + 180 days from the date of first delinquency that immediately preceded placement for collections and/or charge-off.

How long do charge offs stay on your credit report?

Charge offs will stay on your credit report for 3 to 7 years

How long does it take an unpaid bill to come off your credit?

Charge offs and most other defaulted debts are expunged (or should be) from a credit report seven years after the DLA.

How long does an auto repossesion stay on your credit report?

Negative reports on your credit score remain on your report for seven years.

How long do civil judgments stay on credit reports?

Depending on your state's Statute of Limitations, it may be on your credit report for at least 7 years.

How long does it take for your credit reports to become clean?

Usually 7 yrs. for most items on your report.

How long after filing chapter 7 bankruptcy comes off of your credit reports?

10 yrs. after its dismissed.

How long does a creditor have to update your credit report after a bill is paid?

Typically credit reports are updated monthly, but can take up to 90 days in some cases.

How long does a judgment stay on your credit report in Indiana?

Credit reports are national, not from state to state. A judgment will stay on your credit 7-10 years depending on the type of judgment regardless of what state you live in.

How long can a credit card company keep applying charge off to your credit report after the loan was paid in full?

7 years

How long does it take to reflect on your credit score when you pay balances off?

As soon as your creditor reports your balance is zero, the Credit reporting agencies update about every 30 days

How long does Tax liens stay on credit reports?

7 to 10 years from the date of entry, some states differ

How long does a judgment stay on your credit report in utah?

Credit reports are lifetime cumulative records of your financial history. They are with you forever, however, the older the judgment AND if you maintain a good credit history after the judgment, the less weight it carries.

How long do charge offs remain on your credit report?

The Fair Credit Reporting Act allows charge offs and collection accounts to show for 7 years, plus 180 days from the last time you paid the account (on time) immediately prior to the charge off.

How long after bankruptcy should one wait to apply for a new credit card?

It is best to first clean up your credit reports after the bankrutpcy before applying for new credit. Wait at least 3 months after discharge to start cleaning up any inaccuracies on your reports. You can apply for credit the day after your discharge, but your success rate will not be very good and the interest rate you pay will be very high.

If your husband is the primary card holder does that give you credit history in a joint account?

Yes, as long as your listed as a "Co-signer" on the account. Credit is not build if you are just an "Authorized User" if this was a credit card account. Lastly, this all assumes that whatever this joint-account is that it reports to credit.

How soon will an eviction show on your credit report?

It should not take too long. Less than a year. * Evictions are not entered onto credit reports unless they are perfected into judgments resulting from a civil suit.

How long does a bad credit score stay on records?

it currently takes 7 years for something to come off of your credit report

How long after a bankruptcy can you apply for credit?

Do not worry about applying for credit after bankruptcy. The applications will come to you before the ink on the court documents has dried.

If you have an eviction from 3 years ago how long does it stay on your credit?

Evictions do not appear on credit reports unless the person is sued and a judgment is entered against them. Judgments remain on a credit report for 7 eyars. Many judgments are renewable and can therefore remain indefinitely.

How long after a purchase can a business wait to charge your credit card?

My merchant service will alow any charge, regardless of the date of sale, as long as I have a physical imprint of the card, and the correct signature (provided the card has not expired)

Credit card account closed by the grantor can they still charge interest?

Yes, as long as you still owe money.

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