how long does credit remarks last?

0 ⤊

how long does credit remarks last?

2006-12-17 08:37:22 · 3 answers · asked by bull_dwag66 1 in Business & Finance ➔ Credit

3 answers

Credit - up to 7 years
Bankruptcy - up to 10 years
Collection - up to 7 years + 180 days

Be careful with collection agencies! Those bastards try and reage your account so that the negative stays on for another 7 years!

The older the negative credit remark is the less impact it will have on your credit score (fico).

2006-12-17 09:18:59 · answer #1 · answered by Tigerhead90 3 · 0⤊ 0⤋

The account information stays on for 7 years, the remarks about the account can be changed anytime within the 7 years.

2006-12-17 16:44:43 · answer #2 · answered by Mariposa 7 · 0⤊ 0⤋

Negative credit information stays on your report for 7 years, 10 if it's a bankruptcy.

2006-12-17 16:40:56 · answer #3 · answered by Vadalia 4 · 0⤊ 0⤋