How Long Does Negative Information Stay On Credit Report?

The FCRA ( Fair Credit Reporting Act) determines how long do different kinds of negative information stay on your credit report. Most of the negative information stays on the credit report for a minimum of seven years however there are exceptions.

These are some of the common negative information that can find their way on a credit report along with the period of time that they can stay on your credit report.

  1. Delinquency information such as late payments and collections to stay on a credit report by period of seven years from the date of delinquency.
  2. Charged off accounts will stay for seven years +180 days from the date reported to the credit.
  3. Student loan default stays or seven years.
  4. Foreclosures will stay for seven years.
  5. Lawsuits are judgments stay for seven years from the date of filing.
  6. Bankruptcy, 7 to 10 years.
  7. Paid tax liens seven years from the date paid.
  8. Unpaid tax liens stay on the credit report for 15 years.