2007-01-18 11:22:08 · 13 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You'd be amazed, have you ever seen your report, I have perfectly good credit but got a copy of my report out of curiosity and it listed accounts I haven't had in years.
I you haven't already, go to www.annualcreditreport.com, where you can get a free copy of your report once a year. You can contact the credit bureaus and have them delete everything that no longer applies or is outdated.
Bottom line, they are under tremendous pressure to be as thorough as possible adding new stuff so they don't have a lot time to be deleting the old stuff.
2007-01-18 11:31:58 · answer #1 · answered by edoubleyou 4 · 0⤊ 0⤋
A long time, unfortunately. Bankruptcy normally stays on your credit report from 7 to 10 years. Not sure about the other stuff (late payments, charge-offs) but they seem to stay on the report for quite a while too.
2007-01-18 11:27:40 · answer #2 · answered by kisa64 1 · 0⤊ 0⤋
4 years
2007-01-18 11:30:15 · answer #3 · answered by jobob 2 · 0⤊ 0⤋
7-10 years
2007-01-18 11:25:02 · answer #4 · answered by jonwalkerr 3 · 0⤊ 0⤋
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!
2007-01-18 17:38:07 · answer #5 · answered by gabriel jones 4 · 0⤊ 0⤋
7 years unless you go into bankruptcy. Bankruptcy will stay on your credit report for 10 years.
If you believe something negative is on there in error or longer than the 7 year period, you can pull your credit report on www.annualcreditreport.com and dispute the items.
2007-01-18 11:35:42 · answer #6 · answered by Jen G 5 · 0⤊ 0⤋
7 years for most creditors for late payments. What I did before I wrote a letter asking to see the creditor's reporting policies to the credit bureaus, then I put in a paragraph in there saying I was hoping to see if they would remove it earlier because it happened during a financial hardship period.
2007-01-18 11:31:35 · answer #7 · answered by Jen 2 · 0⤊ 0⤋
7 years i believe
2007-01-18 11:24:31 · answer #8 · answered by Heather c 1 · 0⤊ 0⤋
7 yrs
2007-01-18 11:24:31 · answer #9 · answered by jessicadavid p 3 · 0⤊ 0⤋
it used to be seven years, it has, in recent years, been changed to ten
2007-01-18 11:40:08 · answer #10 · answered by amber 5 · 0⤊ 0⤋