How long does a collection agency bill last on your credit report?
1. How long does a bill that has been reported to a collection agency stay on your credit reprort?
2. What if you decide to settle by paying less than the original amount? Does it stay longer?
I never said who takes it off .. I said how long does that bill stay in my credit report.
it depends if you take care of the whole blance it takes abt 30-90 days and if you settle it ir remains there as settled in full. it dose not come off.
Ten years unless they renew the report. they can and some do renew or re-report every 5 years , so the report stays active for another ten years and gets compouded by the extra (repeated) bad reports.
Why would a “collection agency” have you listed on a credit report it should be the creditor filling the report .
Normaly the report is active for ten years and then it expires.