in usa do they remove unpaid credit card bills from your credit report after 10 years?

Answer 1

The reporting time period for a defaulted credit card is 7 years from the first time the debtor became 30 days late and never brought the account current leading to the charge off.

edit++++
It is not 7 years + 180 days.

The Johnson FCRA Staff Opinion Letter clearly states that it is the first missed payment that the CRA's should go by. That the 180 days is basically only allowed for possible data furnisher error.

[quote]2. The additional 180 day period accords a measure of flexibility to credit bureaus whose furnishers may provide them with the wrong date. However, the expansion of the time period that Section 605 allows chargeoffs and similar actions to be reported accents the desirability of treating the "commencement" of the delinquency as the "first" missed payment -- not some later date that would further extend the period. [/quote]


The CRA's must go by the DOFD not the DOLA for the true obsolescence date.

Answer 2

Negatives fall off your credit report 7 years and 180 days after the date of last activity (DOLA) which is the date the account was 30 days late or charge off date.

Answer 3

in simple terms simply by fact she moved does not recommend her bills at the instant are not nonetheless obtainable.She desires to tug her credit comments from all 3 agencies she would manage to discover her bills there.additionally looking on what state she lives in like right here in California the statue for suing is over.

Answer 4

Echo is correct. I've posted this same answer dozens of times (with source)....I just can't understand why peope continue to come and post the wrong answers.