i have stuff that i pay years ego and still showing up!
2007-09-11 02:10:58 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
Derogatory accounts stay on your credit for 7-years from the date of first delinquency.
As long as the information is correct, there is nothing you can do to remove it.
2007-09-11 02:42:24 · answer #1 · answered by ? 7 · 1⤊ 1⤋
Generally if you do not negotiate removal from your credit report the item stays on for 7 years from the date you paid it off. The good news is that old paid off items do not affect your credit score a significant amount and the fact that they are paid off is good for your credit.
If it is items that you have paid off you can dispute the items with the credit bureau and also request a debt validation with the creditor and that might get the item removed (because if the creditor cannot provide proof that the debt is valid they are required to remove the item). Hopefully you have proof that you paid the item on the chance that they can validate the debt (without proof they do not have to remove the item or show it as paid off).
It is always a good idea to attempt to negotiate removal of an item when you pay it. Here is a link that gives lots of info on how to negotiate with creditors.
http://www.creditinfocenter.com/rebuild/
2007-09-11 09:23:26 · answer #2 · answered by Anonymous · 0⤊ 1⤋
It takes 7 years and 180 days from the date of last activity (DOLA) which is the default date, for negatives to fall off your credit report.
The older it gets, the less it actually impacts your credit score.
2007-09-11 12:10:56 · answer #3 · answered by bdancer222 7 · 0⤊ 0⤋
Good credit history is there for at least 10 years, credit in queries are there for 2 years approx. Bad credit history is there forever my friend.
2007-09-11 11:34:22 · answer #4 · answered by JulioC 3 · 0⤊ 1⤋
Hi,
Speak to a consultant to get rid of it. You need an expert's help. Check out http://financeguru.consumerspot.info for some useful info and tips on the matter. Good luck!
2007-09-11 09:55:53 · answer #5 · answered by Anonymous · 0⤊ 3⤋
It takes approximately five years to be removed off your credit, also it depends on what the debt was.
2007-09-11 09:18:32 · answer #6 · answered by crymeariver 5 · 0⤊ 3⤋
get in touch with your credit buraux, they will advise you on the best solution to approach your dilemma. hope you saved all your receipts as proof that your bills has been paid. good luck
2007-09-11 09:23:08 · answer #7 · answered by Princess M 1 · 0⤊ 2⤋
www.creditinfocenter.com
2007-09-11 13:12:35 · answer #8 · answered by Anonymous · 0⤊ 0⤋