As far as I know it can stay between 7 and 10 years on your credit
by Floppy - a day ago
Hi, I used "Credit Solution" to settle my mortgage and avoid foreclosure.They managed to reduce my debt up to 58%.It's legitimate.I came across this company on NBC News Special Edition.Check it out here: http://urlhawk.com/4ys
by Jennifer - a day ago
I think it is seven years. For non payment of taxes it is two years. If you pay the balance it will say paid in full if you settle the account (pay less that they accept to settle) it says settled on your report both of the latter is done, usually in 30-60 days. Most lenders only go back on your credit report for so far. Like currently my husband is applying for an FHA loan, they only look at the last two years of his credit history.
by IN_Houston - a day ago
Anything negative stays and stays on your report for years. Seven to ten years--sorry
by LADY AT THE LAKE - a day ago
Any late payment is reported as a negative on your Credit Report for seven years, even if the very next payment completely pays-off the debt. In that case, the late payment will show as being your most recent payment, even if it happened several years in the past. Therefore, don't make the mistake of following a late payment with a full pay-off (which includes the sale of a mortgaged home). To re-establish good credit, a late payment should be followed by a long and steady history of regular on-time payments, until the late payment is aged off the credit report.
by RxBlair - a day ago
CreditScoreQuick is a great website for these types of quesiton and how long stuff stays on your credit. Just to answer you quick derogatory credit like late payements stay on your credit for 7 years. So does foreclosures.
by The right answer - a day ago
Three hot health care reform topics
You’ve possibly heard of the Cadillac tax, skinny plans and even read up on potential employer penalties, but there’s a lot...
Setting up Your Company to Obtain a Small Business Loan
If you’re looking to expand your business, you may be considering getting a loan. In order to achieve that goal, you’ll need...
From hobby to wine in the sky: Whitewater Vineyards
Gout de terroir. Wine aficionados are familiar with this phrase, which refers to the “taste of the soil” that...
Less Stress Spells More Tech Spending for Small Business Owners
More than half of small business owners would now rather invest in their businesses than stockpile cash, according to new...
Volume of Loans to Small Business Increases First Time Since 2010
Healthy sales and strong profits are making private U.S. companies increasingly attractive prospects to bank lending...
Starting out: It’s Time to Get Organized
You are the creative mind behind your business. The entrepreneur. The genius. Certainly, you shouldn’t have to spend a lot...