How long is bad credit debt suppose to be on your credit report?

3 Comments

1. bdancer222 says:

   October 13, 2011 at 7:43 am

   Derogatory items age off your credit report 7-1/2 years from the date of first deficiency. This is per the FCRA and nothing restarts the clock.
2. MarcThyme says:

   October 13, 2011 at 8:41 am

   Until they are paid off or settled.

   If I owed YOU, say, $1,000, do you think that if I avoid you for long enough that means I don’t owe you the money any more? How long would I have to avoid you?

   Would you lend me $1,000? Pretty please?
3. StephenWeinstein says:

   October 13, 2011 at 8:45 am

   Usually seven and a half years.