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What debts stay on your credit report longer than 7 years?


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Answered 2008-01-18 04:54:06


Defaulted federal student loans.


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Yes, however, bankruptcy can remain on the report longer.

Besides paying your debts off or filing bankruptcy if you are unable to pay off these debts there is nothing you can really do to clear them from your credit report. Most debts stay on your credit report for seven years.

The FCRA says the SOL for debts or negs on your report can only remain for 7 years

Bankruptcy does not get discharged. Debts are discharged. The bankruptcy will remain on your credit report for 10 years from the date of filing. The debts that were discharged can remain for 7 years from the date of discharge, showing a zero balance and that they were discharged in bankruptcy.

Debts included in the bankruptcy should be noted as such in the credit report. The bankruptcy will remain on the credit report for ten years.

If they are valid debt default entries they cannot be removed from the report until the required seven years have expired.

When you apply for a credit card a credit report will be ran and those credit cards you haven't been paying will be on that report. So I say no.

They don't! you actually have to pay them. Wrong! Negative information can only report on your credit report for 7 years from the DOFD and 7 to 10 years for Tax liens. Only information that stays on your report indefinitely is a criminal convictions

This is probably because they are still out standing debts. You have to pay them. It will still stay on your credit report for seven year period. Good Luck.

No. Negative entries concerning all creditor debts remain on the consumer's credit report for the required 7 years.

Under current laws, a bad account remains on your credit report for only 7-years from the last payment date. Other types of debts, and even public notices, remain on your credit for longer. The right thing to do is pay your bills, do so on-time, and always make sure not to over spend on credit.

The statute of limitations for debts reported on your credit report is 7 1/2 years.

A credit report includes a list of every request for your credit report in the past two years.

Yes. You can get them removed. By law (the FCRA) all ACCURATE information stays on a credit report for 7.5 years. You can challenge ANY entry if you believe it to be inaccurate.

Unpaid items and negative information stays on your credit report for up to 7 years. Debts such as unpaid taxes or student loans in default will never come off until paid up current or in full. Remember items that are unpaid do not suddenly become unowed after 7 years they just cease to report on your credit bureau.

Why not? All debts are discharged, but any other actions, such as evictions, are not affected. And the fact of being discharged in bankruptcy can stay on your credit report for 10 years.

Charge offs and defaulted accounts will generally stay on a CR for seven years from the DLA. It is possible for the creditor to sue for monies owed, and if a judgment is awarded, it will be entered in the public records portion of a CR and will remain for seven years, often longer. A debt could conceivably state on your credit report until it is paid off. Negative entries on your credit must generally be removed after 7 years. Bankruptcies state on your credit for 10 years.

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

simply obtain a copy of your credit report, circle the debts that you are disputing and mail them a letter stating that you are disputing the circled debts because the seven year time limit has expired. The Identity Guard service includes a credit report from all three credit bureaus and also includes sample credit dispute letters that are very helpful for situations like yours. You can get this at . Good luck

No once filed on file. * A dismissed or discharged chapter 7 will remain on a credit report for ten years. A dismissed or completed chapter 13 will remain on a credit report for 7 years.

Your will lose your ability to pull credit for years, your accounts will go into collections, you can be sued for the debts, and/or you can wait 7 years for the debts to come off your credit report. If you have a judgement because you were sued, then it is likely that the debt will stay with you for 10 years +. Moral of the story, do the responsible thing and pay the debts off, even if it takes a long time to do so.

Bad debts can only stay for 7.5 years from the original date of default. Nothing restarts this time period. Till you might want to check your credit report just to be sure. If they did report you now you can contact experian and have it removed

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