@Anonymous wrote:
My credit report show 2.9 years since any negative activity. How long does it take for these to fall off or what is the # of years credit cards go back?
Hello and welcome.
I'm not sure what you're asking but I'll throw out a few things.
Here is how and when derogs drop from you CR, and are thus no longer included in FICO scoring.
Monthly delinquencies under an OC account drop at 7 years from their individual date of delinquency. The date of first delinquency (DOFD) has nothing to do with these drop-off dates. They drop from their own individual dates. So look at each prior OC reported monthly derog date, and simply add 7 years.
If the OC subsequently reports their account as a charge off, that is a totally different and additional post to your CR. Their post as a charge-off will remain in your CR for up to 7.5 years from the DOFD on the OC account, which is the first 30-day delinquency you had on the account, and disregards any later 60/90+ delinquencies that followed. That cannot be reset.
If the OC then refers the account for collection, and a CA posts to your CR, the drop-off date of their collection reporting is the same as that of a CO. It is up to 7.5 years from the same DOFD on the OC account, and the CA cannot reset this date.
As for how long a CC goes back a closed account in good standing will generally stay on your reports for up to 10 years after closing.
Does any of this help?
From a BK years ago to:
9/09 EX pulled by lender 802
3/10 EQ- 800
4/10 TU -772
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