Archive for October 18, 2010

How long does negative information stay on your credit report?

According to, negative information on your credit report has a statute of limitations.  In other words, negative information will stay of your credit report for 7 years in most cases (seven years from the date that the initial missed payment that led to the delinquency). Active positive stays on the report indefinitely, unless the account was closed, then it is 10 years.

If an account has or was ever in “collection: status, then that negative information stays for 7 years from the date of the first 180-day late payment

 However there are always exceptions to every rule.