The information I found states Date of First Delinquency.
7 years from the date of first delinquency
Generally they can pursue/report for 7 yrs on a debt that is unpaid.
7 years + 180 days from date of first delinquency.
Anytime a negative item is removed from your credit report, it will raise your credit score unless new collections are added to your report.
ANSWER That is correct. If the creditor is not reporting to the major bureaus there is no report... good or bad.
reporting credit delinquenciesI am a landlord. My tenant is seriously in default of her lease and is in arrears in excess of $5,500. and refuses to pay. How can I report her to the credit agencies?-----------------You will need to take her to court (small claims court) and get a judgment against her. The judgment is a legal action against her and will show up on her credit report.
Means that you did not pay your bills on time, or that you've never paid some of them. Make sure you get that straightened out, then don't be late again! That information stays on your credit report for up to seven years!!!
A delinquency usually refers to an account with late payments. The late payments report on the account for 7 years.
Collection agencies notify all the credit bureaus electronically concerning the delinquency amount of the debt and number of days outstanding every 30 days.