A late payment made seven years ago should fall of your credit report as long as there was no other negative information reported on the same account after the fact.
Closed payment history stay on your reports seven to ten years depending on what it is. Nothing can just be erased.
Yes. And it stays on 7 years from the date of payment.
A foreclosure will typically remain on your credit report for seven years.
The usual standard for debts to disappear from your credit report is 7 years. The trick is to make sure you never make a promise to pay or say you'll pay because that starts your 7 years all over again.
Seven years begining six months after payment the account ended. Not when it was bought by a third party collector.
If you have not made any late payments since then, this late payment won't reflect heavily on your credit score. The late will stay on your credit report for seven years but as each year passes, it will become less important.
2001. Always go by the later dates of payment, delinquency, etc.
A satisfied judgment can stay on your credit report in Washington for up to seven years from the date it was filed. However, its impact on your credit score diminishes over time as you build a more positive credit history.
A foreclosure will typically remain on your credit report for seven years.
Bad credit history is reported for seven years. Each time you make a payment on the account, the time that a creditor can report the account starts over.
The accounts can remain up to seven years after the last payment was made, but will show a zero balance due to a bankruptcy filing.
Short Answer: Yes. If you were deliquent, and then paid, it will show that you paid, but were late. And that stays on your credit for seven years. Sometimes you can negotiate with the collection firm to have it removed from your credit in exchange for payment.