I have a tax lien on two of my credit reports that is 7 years and 10 months old. From a credit perspective, am I far enough in that letting it reach 10 years is better? In other words, if I don't pay it in full, won't it fall off the credit reports in a couple of years? However, if I pay it in full, it will remain on my credit report for 7 years from the date it was paid - essentially resetting the clock on it. I guess the bottom line question is - is it better to have an 8 year + old unpaid tax lien on your credit report that will soon fall off or a very recently paid-in-full tax lien that will remain for 7 more years?
