How soon after the 7-year mark will a bad debt actually drop off your credit and is there anything you can do to speed up the process?

Answer 1

Any old credit should drop off your credit history after seven years (except a bankruptcy, which can take eleven years). However, credit bureaus are notorious for not reporting credit accurately, so you may want to check your reports every year (this will help you monitor for fraudulent activity as well). Unfortunately, there's nothing you can do to speed the process. BEWARE BEWARE BEWARE of any "credit repair" solicitations; they are a scam and, in some cases, illegal. * Creditor debts, foreign and domestic judgments 7 years (judgments that are renewable can be reentered); dismissed BK 13 7 years, dismissed BK 7, 10 years, discharged BK 13 or 7 10 years.