How do I verify when negative items drop my credit report?
Stephanie N asked:
I understand that negative items remain on your Credit Report for 7 years after the date of Original Delinquency, but how do I determine when this date incurs? Since the “Date of Last Activity” changes extending the date of deletion on your credit report, how can I determine when items should drop off?
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I understand that negative items remain on your Credit Report for 7 years after the date of Original Delinquency, but how do I determine when this date incurs? Since the “Date of Last Activity” changes extending the date of deletion on your credit report, how can I determine when items should drop off?
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Tags: Activity Changes, Credit Report, Delinquency
November 1st, 2008 at 5:55 am
It is seven years after you pay off the debt, the month/year you paid if off appears on your credit report.
November 2nd, 2008 at 12:39 pm
When you look at your credit report, it will clearly mention a date of first delinquency or date reported or something like that. 7 years start from the date of first delinquency reported by original creditor. Usually 90 days late and after is considered as such.
It is NOT 7 years AFTER you have paid the debt off. See the sample credit report.
November 4th, 2008 at 2:25 am
Transunion’s reports actually tell you when the bad debt will be removed, but it is up to follow up to make sure.