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drbookie

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account history
can anyone tell me how long an account will stay on the credit report?

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Most negative accounts will remain on your credit reports for 7 years from the time that they became negative accounts. Example: a charged off credit card will remain on your reports for 7 years from the Date of First Delinquency (meaning the date that you missed the first payment that led to the account charging off) The DOFD (date of first delinquency) is usually one month after the date of your last payment.

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Positive accounts closed in good standing will usually remain on your reports for 10 years from the closed date, sometimes even longer. Never try to remove accounts that were closed in good standing, doing so would damage your credit profile/scores.

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"Early Exclusion" is something you should learn about. Early Exclusion is a request to the credit bureaus prior of the 7 year mark to remove a negative account. Transunion will usually do an early exclusion six months prior of the 7 year mark and Equifax and Experian will sometimes do them 3 months prior to the seven year mark.

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