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K2Mookey

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Shouldn't accounts that are 7 years old be removed from my credit report?
I have several collections that were reported 7 years ago that are still there. Plus mo most of them are medical!

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Top Contributor
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They usually do drop off after 7 years, but that is 7 years to the date the last payment is made.  If the accounts are showing a very good payment history,let them stay on as long as possible because that has a positive effect on your credit score.

Top Contributor
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The seven years does NOT start from the last payment made. By saying that you may be causing people to believe that if they would pay off a collection account that it will remain for seven years from the payment they have just made. The seven years starts from the DOFD on the original account, meaning the date that the original account became delinquent. The last payment made has nothing to do with credit reporting time period.

Top Contributor
5038 Contributions
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Most negative accounts need to be removed in seven years by law, so if you have collection accounts that are non-governmental loans, then you need to dispute them with the credit bureaus as "too old to report". Transunion, Equifax and Experian all have websites where you can dispute incorrect info found on your reports.

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