If i pay something off, that is on my credit report, how long till its off my report?

Answer 1

If it is for credit cards or most loans, it will remain on your reports for 7 years from the time you first became 30 days late with the original creditor and never brought the account current leading to the charge off.

If you had defaulted 5 years ago and paid today, the paid negative will report for 2 more years.

The reporting statute of limitations cannot be reaged !!
Reaging is illegal.

Unfortunately, a paid negative is no better than an unpaid negative.

Answer 2

7 years. But that varies depending on the type of account when the clock starts ticking.

On a collection, its from the original reported date. It does not "reset" the clock to pay it off.

On credit cards and such, if the card was open and you paid it and closed it, it would be 7 years from the "last reported" date.

Answer 3

7 years.

It should show next month that it is paid in full but the report of the debt will stay on there for 7 years. Believe me, it's a whole lot better for you that it will be showing as paid for 7 years than it is for it to be showing as in default for 7 years.

Answer 4

The only thing that will change is that the account will show as paid with $0 balance. The account itself will remain for 7-years from the date you paid it off.

Answer 5

Usually six months unless you contact the credit bureau (Transunion or Equifax) and send them something in writing from the creditor that you have paid off saying that it is paid in full.