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New Member
creditmonarch
Posts: 3
Registered: ‎04-10-2013
0

How long does negative information stay on the credit reports?

[ Edited ]

Seven years from the date of last activity.

 

Public Records remain on the report for:

 

Judgments - 7 years from date filed

Bankruptcy Chapter 7 - 10 years from date filed  

Bankruptcy Chapter 13 - 7 years from date filed

 

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Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
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Re: How long does negative information stay on the credit reports?

Depends on what type of negative.

 

COs and collections stay for 7.5 years from the DoFD.

 

Judgments, paid or unpaid from date filed.

 

Tax liens, paid, 7 years from date paid.  Indefinitely for unpaid.

 

Late payments, 7 years from date of occurence.

Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

Re: How long does negative information stay on the credit reports?

Date of last payment doesn't have anything to do with when an item is removed.

New Contributor
426MW
Posts: 50
Registered: ‎01-01-2013
0

Re: How long does negative information stay on the credit reports?


guiness56 wrote:

Date of last payment doesn't have anything to do with when an item is removed.


Kind of splitting hairs there.  If your DOLA was a payment, then?  Technically that would be your date of last activity, correct?


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Moderator
guiness56
Posts: 22,406
Registered: ‎01-17-2008
0

Re: How long does negative information stay on the credit reports?

No, it isn't really splitting hairs.  Nothing comes off from the DOLA, it is the DoFD and that is the date of first delinquency.

 

Now DOLA would have something to do with your states suing SOL.


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