How long does Information stay on Credit Reports?


If you are concerned how long any negative information will remain on your credit report, it takes seven years from the Date of the Last Activity (DLA) before the item is deleted from your records (and seven to 10 years for bankruptcies). This is a very common question posed to credit reporting agencies. Credit reporting agencies get your information (bad or good) from lenders and collection agencies. The reporting agencies simply compile the information that comes to them. Consumer Statements The credit report may contain not-so-appealing information about a dispute that you were involved in that did not see a resolution. For no fee, you can file a statement with the credit reporting agency, summarizing the situation in a brief fashion. At any rate, you can make a request for the dispute information to be removed from your record, and there is no fee or required timeline for this. Collection Accounts These stick around for seven years out from the first past-due date for the payment.
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