@Anonymous wrote:I just traded in a car for a new f150, but on my vredit report it still shows my other car on my credit repot and it has my debt through the roof. My question is, is how long will the old cars balance stay on my report? Thank you for your time.
Welcome to the forums!
When the original lender gets the check for the payoff, it'll be processed and updated. May take till next statement, not a big deal either way other than applying for a mortgage honestly on a non-trivial DTI calculation.
