Established Member
Posts: 40
Registered: ‎02-21-2008
Lates Disappear
How Long does it take for Baddies to be ineffective?
"Money talks...but all mine ever says is good-bye."
Established Contributor
Posts: 551
Registered: ‎04-02-2008
Re: Lates Disappear
 I hheard lates affect for only two years but I still see a red flag next to mine on my fico.  
6/9/08 FICO TU 697 EX698 EQ 618uti 6% (once new accounts hit) BIZ- DUNS 80, EX 35
GOAL 2008- 700s+ new car
2010 BE a first time buyer
Super Contributor
Posts: 8,198
Registered: ‎03-25-2007
Re: Lates Disappear
7 to 7.5 years to totally go away.  They are less bad as they age.
But everything depends on what else is on the report - if one baddie drops off and 286 remain, it won't make much difference.  Smiley Very Happy
When my ONLY collection fell of after 6.75 years it was worth over 50 points
The slide from grace is really more like gliding
And I've found the trick is not to stop the sliding
But to find a graceful way of staying slid