Question
How long do the debts stay on your credit report and who and how do they get removed? I have been told 7-10 years.
Answer
Generally, all your credit history information, good or bad, remains on your report for seven years. If you file for personal bankruptcy, that fact remains on your credit report for 10 years.
In both cases, there is no action required from you. The information should be removed by the reporting credit bureau at the appropriate time. However, it is generally suggested that your check all three of your credit reports for inaccuracies at least once per year. You can do this for free on the government sponsored annualcreditreport.com. If you find any inaccuracies, you can dispute those items directly with the information provider and the reporting credit bureau.
In both cases, there is no action required from you. The information should be removed by the reporting credit bureau at the appropriate time. However, it is generally suggested that your check all three of your credit reports for inaccuracies at least once per year. You can do this for free on the government sponsored annualcreditreport.com. If you find any inaccuracies, you can dispute those items directly with the information provider and the reporting credit bureau.
Filed under: Credit
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Dj1782
Sep 4
1:35 pm
I have a debt on my credit report from over 7 years ago, another company bought it now it's showing up as a new debt with a different start date on it. Is there anything I can do to get rid of it?
Reply Cancel ReplyCK Moderator
The most obvious is paying it. Otherwise, these companies have a right to collect the debt.
pro534
May 8
12:46 pm
About 10yrs ago I filed bankrupcy and a divorce a year later, I checked my report recently and found that there were things on it that I have no knowledge of from exspouse, How do I dispute these things and have them removed, and do I have to dispute with all 3 agencies?
Reply Cancel Replyhjrhouse
Apr 7
6:12 am
I went through a divorce. My ex wife ran up a lot of debt and now my credit score is low 523. How can I get a mortgage loan. Can you recomend any companies who would work with me.
Reply Cancel ReplyCK Moderator
In this environment, we don't know of any lender who will approve a mortgage.