Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
Relay725

0 Contributions
0 People Helped
Will the credit companies remove accounts over 7 years automatically?
Or do I have to request the accounts be taken off?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
7344 Contributions
3805 People Helped

They'll fall off.

Top Contributor
5038 Contributions
1131 People Helped

It depends on the type of account. Most negative accounts will just fall off in seven years. Some negative accounts do not fall off at seven years (such as, federal loans or court orders, etc). Positive accounts will usually remain for at least ten years. A couple of notes for you: Never try to remove accounts that were closed in good standing. Do some reading on EARLY EXCLUSION if you have negative accounts approaching the seven year mark. Under "early exclusion" Transunion will sometimes remove them six months prior to the seven year mark and Experian and Equifax will sometimes remove them three months prior to the seven year mark.

Results 1-2 of 2Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.