is it 6 years from original date of default, or 6 years from when the default is settled/satisfied
2007-02-18 03:14:25 · 7 answers · asked by binty13 1 in Business & Finance ➔ Credit
It stays on your credit file file 6 years from when placed on your file. Each update does not then stay on your credit file for 6 years
2007-02-18 03:20:05 · answer #1 · answered by Jess 2 · 0⤊ 0⤋
Ask the creditor; I just found out some information only stays on there 3 months!!!
Also, once a year, w/out raising a "red flag" and possibly loosing pts. on your credit score, you can find out your whole report for free.
Straighten out what you can as soon as you can.
I still believe it is 7! years; it was in '04 and '05. I couldn't get a mistake taken off (bec. of the offender) and it will be gone soon; but origin date (forget) took 7 yrs.
Do check w/your creditor; also, always negotiate when late w/a payment. GE Bank now only allows 1 per year per account. But, that is money saved.
And, depending on your need and reasons: very often some will waive both late fee and service charge or some combination of both. As my Mastercard did for me recently.
I found out Lowes has a 24 hr waiting period.
SO, it pays to call and check. IN many instances!
2007-02-18 03:27:44 · answer #2 · answered by DC 3 · 0⤊ 0⤋
According to the Fair Credit Reporting Act, the maximum amount of time that a credit reporting agency may report a charge off is 7 years. The minimum time is 0 years. In other words, it doesn't have to be reported at all. And, if you don't want it on there, you have tools to remove the information. There is no law in the United States that REQUIRES any credit information be kept on you for any amount of time.
2007-02-18 10:19:31 · answer #3 · answered by nebula7693 4 · 0⤊ 0⤋
6 years for the date it was originally entered on to your credit file
2007-02-18 03:20:22 · answer #4 · answered by The Fat Controller 5 · 0⤊ 0⤋
each new default stays on for a maximum of 6 years ...
every credit check goes back 6 years from the date they submit it. whats on your credit rateing before that can not be revealed..
2007-02-18 03:22:41 · answer #5 · answered by andygames07 3 · 0⤊ 1⤋
6 years from the date of default, if the debt has been satisfied then that will also show x
2007-02-18 03:20:30 · answer #6 · answered by pu55y perfect 3 · 1⤊ 1⤋
7 years of history... No way to resolve - sorry. Even if you paid them off, the judgement still stands.
2016-05-24 02:05:57 · answer #7 · answered by Anonymous · 0⤊ 0⤋